E4E Africa Secures First Close of $30 Million Fund II, Aiming for High-Impact Ventures in Sub-Saharan Africa

E4E Africa Secures First Close of $30 Million Fund II, Aiming for High-Impact Ventures in Sub-Saharan Africa

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South African venture capital firm E4E Africa has achieved the first close of its E4E Africa Fund II, totaling $30 million. The fund, launched in 2020, focuses on key sectors like fintech, education, job tech, e-health, and energy solutions. Already making strides, it has invested in companies like Kwara, TUNL, and a disruptive player in Kenya's embedded finance landscape.

South Africa's E4E Africa has successfully reached the first close of its E4E Africa Fund II, securing $30 million. The fund, initiated in 2020, prioritizes scalable and impactful ventures in key sectors across Sub-Saharan Africa. With a strong portfolio, including investments in Kwara and TUNL, E4E Africa is now actively attracting additional investors, both local and international, to expand its influence and support exceptional founders in the region.


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