Omobola Johnson

TLcom Capital, the Africa-focused venture capital firm known to have made bets on Andela and Twiga, is raising $150 million for its second fund targeted at making early- and late-stage…

TLcom Capital targets $150M for its second fund to invest in 20 African startups

For global venture capitalists still on the fence about entering Africa, a first move could be co-investing with a proven fund that’s already working in the region. Africa’s startup scene…

These specialized Africa VC funds are welcoming co-investors

VC firm TLcom Capital has closed its Tide Africa Fund at $71 million with plans to make up to 12 startup investments over the next 18 months. The group — …

TLcom Capital closes $71M Africa fund with plans to back 12 startups

Nigerian founder Sim Shagaya is back with a new startup —  uLesson — that has raised a $3.1 million seed round led by TLcom Capital. The venture is integrating mobile…

Sim Shagaya’s uLesson African edtech startup raises $3.1M

Nigerian trucking logistics startup Kobo360 has raised $6 million to upgrade its platform and expand operations to Ghana, Togo and Cote D’Ivoire.

Nigerian logistics startup Kobo360 raises $6M, expands in Africa

Despite a year-end goal of 30 percent broadband internet penetration in Nigeria, the country is unlikely to hit that target. As of 2017, internet penetration in Nigeria was at 22…

Bringing internet to the masses and investing in telecoms at Startup Battlefield Africa

We’re entering the final days leading up to Startup Battlefield Africa 2018, which takes place on 11 December. We have our passports, we’re packing our bags and we can’t wait…

Want a free ticket to Startup Battlefield Africa 2018?

Africa’s VC landscape is becoming more African with an increasing number of investment funds headquartered on the continent and run by locals, according to data from Crunchbase. The study also…

Local venture capital fund formation is on the rise in Africa, led by Nigeria

TechCrunch Startup Battlefield is returning to Africa in December, this time in Lagos, Nigeria. We will have a day-long program full of our flagship Battlefield competition highlighting the best startups…

Hear about the keys to local investing at Startup Battlefield Africa with Omobola Johnson and Lexi Novitske