Financial Services Monitor Worldwide (English) – Wire
An African-led venture capital firm, Constant Ventures focused on catalysing growth in Africas largest economy, is launching a $100 million venture capital investment fund for digital firms with a focus on financial inclusion, education, and healthcare.
From assisting to establish firms in its venture studio to participating in pre-seed through Series A rounds, Capital Ventures has been an angel investor in African entrepreneurs and a supporter of the African technological ecosystems development.
So far, Capital Ventures has invested over US$3.2 million in nine Nigerian start-ups including Halo, Gokada, Appzone, Tingtel, Heala, Sabiroa, CreditClan, FIG. and Omnibiz yielding a 5.6x return and a 15x return following the next round of funding.