Africa Roundup: Partech Ventures launches $70M fund, TPG Growth acquires TRACE, Rensource raises $3.5M

 Last month we characterized 2017 as the year Sub-Saharan Africa’s startup scene found its stride. Twenty-eighteen looks to be the year of numerous VC investments. TPG acquires TRACE January got the funding party started. U.S. based private equity firm TPG Growth acquired a majority stake (of an undisclosed value) in entertainment company TRACE. TRACE is a global multimedia giant… Read More

View More Africa Roundup: Partech Ventures launches $70M fund, TPG Growth acquires TRACE, Rensource raises $3.5M