Chanzo Capital raising US$50 million to invest in African startups

Chanzo Capital, an early stage micro-VC firm investing in high-tech African startups, is raising US$50 million for its High-Tech High-Growth Fund. The fund, which will be set up as a 10-year limited life corporation in Mauritius, will be used to invest in rapidly growing startups in key sectors across the continent. The investees will benefit...