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LoftyInc Capital launches third fund at $10M for a more diverse portfolio of African startups

LoftyInc Capital, a pan-African VC firm, announced today that it is launching its third fund — LoftyInc Afropreneurs Fund 3 — at $10 million for tech startups in Africa.The firm has reache

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Orange spins out Orange Ventures with $430 million allocation

Telecom company Orange is making some changes to its venture capital arm. Orange Ventures is becoming a separate legal entity and Orange itself is allocating $430 million (€350 million).With this new