Africinvest and Cathay Innovation proudly announced today the launch of Cathay Africinvest Innovation. This new fund is the largest venture capital fund in Africa with nine offices interconnecting the entire African continent.
Our aim is simple: contribute to changing the financing and development of startups in this continent of 1.3 Billion of people. How so? By providing the right funding for the creation of new digital infrastructures and services in Africa, and by connecting the whole continent and the world’s leading innovation ecosystems and players. Why now? Because the African ecosystem is ready. This is the right time for such an initiative.