Botswana Tech Fund launches multimillion pula venture vehicle :: Mmegi Online

Botswana’s push to position herself as a regional financial and innovation hub received a fresh boost this week with the launch of a £50 million (about P850 million) venture capital fund targeting technology and tech-enabled businesses across Southern Africa.

The Botswana Tech Fund (BTF), structured as a multi-stage investment vehicle, will deploy capital from early-stage startups through to more mature growth companies, marking one of the most significant private capital commitments to the region’s digital economy in recent years.

The fund is anchored by Pula Investments, the Guernsey-based family office of British investor Stephen Lansdown.Investment execution will be driven by a partnership with Launch Africa Ventures, which has been appointed as investment adviser under a managed accounts structure, effectively overseeing deployment strategy and deal sourcing.

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ECONOMY
innovation

Botswana Tech Fund launches multimillion pula venture vehicle

Botswana’s push to position herself as a regional financial and innovation hub received a fresh boost this week with the launch of a £50 million (about P850 million) venture capital fund targeting technology and tech-enabled businesses across Southern Africa.

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