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Orange Digital Ventures to invest EUR 50 mln in Africa

Friday 9 June 2017 | 10:48 CET | News
Orange Digital Ventures has earmarked EUR 50 million for a new investment programme focused on the African market, reports La Tribune quoting Orange deputy CEO Pierre Louette. Half of the capital will be invested indirectly via funds specialising in the digital sector, in partnership with Partech Ventures and AfricInvest. The remaining EUR 25 million will be dedicated to a new initiative, Orange Digital Ventures Africa, which will invest directly in well-established African start-ups working in a wide range of industries (including logistics, e-commerce, transport, energy, fintech and

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Categories: Internet / Mobile & Wireless
Companies: Orange
Countries: Africa
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