Cathay Innovation and AfricInvest to raise $168M Africa VC fund

Tunisia-based private equity firm Africinvest has teamed up with Cathay Innovation — the venture sub of Paris-based private equity firm Cathay Capital — to launch a new Africa tech fund with a target raise of $168 million. Details are still forthcoming, but the Cathay Africinvest Innovation Fund will focus primarily on Series A to C-stage … Continue reading Cathay Innovation and AfricInvest to raise $168M Africa VC fund