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AfricInvest and Cathay Innovation Partner to Launch $168 million Pan-African Startup Fund 2

The Cathay Africinvest fund is the latest move in the direction of locating startup capital within African countries. For long, private equity firms had preferred to make their investments from funds based outside the continent and managed by largely non-Africans. But in recent times, there has been serious resolve for funds to be hosted locally and managed by Africans.

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