Monday, April 22, 2024

African tech investor TLcom Capital raised $154M for a new fund, attracting US and Europe investment; Africa-focused VCs have raised $655M since November 2023 (Aanu Adeoye/Financial Times)

Aanu Adeoye / Financial Times:
African tech investor TLcom Capital raised $154M for a new fund, attracting US and Europe investment; Africa-focused VCs have raised $655M since November 2023  —  TLcom Capital doubles previous amount to raise $154mn for continent's start-ups in a move that could help ease sector gloom



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US Commerce Secretary Howard Lutnick says consumer electronics exempt from tariffs may be included in semiconductor tariffs likely coming in "a month or two" (Aime Williams/Financial Times)

Aime Williams / Financial Times : US Commerce Secretary Howard Lutnick says consumer electronics exempt from tariffs may be included in s...