Africa’s booming, tech-savvy young population are being largely ignored by global venture capital investors, despite offering a golden opportunity to get in early in subsectors that have the potential to become world leaders in the coming years. A new tech fund launched by Sweden’s Norrsken Foundation, with the backing of unicorn founders including Skype’s Niklas Zennström, is determined to reap the rewards of just that opportunity. AltAssets chatted with the team to find out where the big tech investment opportunities lie in the world’s second-most-populous continent.
The post Norrsken’s new Africa-focused tech fund is leaping on a giant opportunity other firms are missing first appeared on AltAssets Private Equity News.
