TLcom Capital secures $10.5 million from AfDB for second Tide Africa fund
Venture capital firm, TLcom Capital, led and founded by Maurizio Caio, is targeting a $150 million final closing of its Tide Africa Fund II, primarily dedicated to pre-seed and seed-stage African startups.
Someone shares this article with you
▪ TLcom Capital secures $10.5 million from AfDB for second Tide Africa fund
▪ Venture capital firm, TLcom Capital, led and founded by Maurizio Caio, is targeting a $150 million final closing of its Tide Africa Fund II, primarily dedicated to pre-seed and seed-stage African startups.
▪ https://www.africabusinessplus.com/en/814813/tlcom-capital-secures-10-5-million-from-afdb-for-second-tide-africa-fund/
The African Development Bank (AfDB) will inject $10.5 million into this second-generation fund, covering sub-Saharan Africa, starting with Nigeria, Kenya, South Africa and Egypt. Countries that are more advanced in terms of technology offering greater growth opportunities.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Private Equity
17/10/2023 at 13h30, by Africa Business+
TLCom boss Maurizio Caio nears final closing
A new limited partner from the Old Continent is structuring financing for the venture capitalist dedicated...
Private Equity
21/07/2023 at 15h01, by Africa Business+
TLcom brings EIB on board again
The bank supported the capital investor with its inaugural fund in 2017.
Private Equity
07/11/2022 at 19h27, by Africa Business+
Maurizio Caio targets spring closing for new TLcom Capital vehicle
The fund has invested in Nigeria and wants to complete two deals in the coming weeks.
New technologies
17/02/2022 at 17h46, by Africa Business+
TLcom founder and MP Maurizio Caio: “Half of the money invested will be in companies already funded, for follow-up.”
Africa Business+ spoke to the head of one of Africa’s leading tech funds.
Private Equity
03/05/2021 at 15h59, by Africa Business+, updated 04/05/2021
Maurizio Caio’s TLcom Capital prepares a second pan-African fund
Jeune Afrique Business+ understands that the venture capitalist is targeting nearly $150 million for...
Private Equity
07/02/2020 at 16h12, by Valentin Grille
TLcom confirms its strategic shift towards Africa with a new 71 million $ vehicle
TLcom initially wanted $100 million for the new Tide Africa Fund. “We set a high limit to guarantee...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.