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EU invests $30m in African digital technology aid fund

By:  
Deputy Editor Online
 
DIGITAL TECHNOLOGY
Luxembourg-headquartered lending institution of the European Union (EU), European Investment Bank (EIB) Global has announced a $30-million equity investment in Seedstars Africa Ventures’ Fund I, which will allow more African digital technology companies to grow. Seedstars Africa Ventures' venture capital fund focuses on growing companies, creating skilled jobs and improving products and services, particularly those addressing basic needs of education, healthcare and utilities.
 
 
 
 
 

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