VC fund hunts for $75m in start-up opportunities
Thursday, May 04, 2023 | 1550 Views |

Hunting for opportunities: Du Plessis says the new fund will be launched in July PIC: MBONGENI MGUNI
Local start-ups have perennially cited funding as one of their major challenges, a barrier that suppresses the innovation of Batswana entrepreneurs, as well as citizens’ ability to design solutions for local challenges.
Launch Africa fund manager, Janade du Plessis told BusinessWeek the pan-African venture capital firm was finalising a $75 million fund due by July, which would target investing in 80 to 100 companies across the continent. Launch Africa recently closed a $36.3 million fund that invested in 133 companies, in 22 African countries.
Botswana for the longest time was known for her virulent peace with family being an enviable institution.As the media, we are also scared to be incessantly reporting on these bloody scenes where women are brutally murdered and worse, sometimes in front of their children and loved ones. Yes, we have reported cases where men were also brutally murdered by their loved ones, but such cases are a drop in the ocean.For the past two weeks, Botswana was...