In a fireside chat at the Moonshot by TechCabal Conference, Marlon Nichols, a managing general partner at MaC Venture Capital, a firm with over $20 million invested in Africa, shares his investment thesis.
Funding for Africa’s tech ecosystem has been on a downward spiral since the start of the year as interest rates rise globally and investors continue to make safer bets. However, some venture capital firms are still increasing their footprint on the continent. One such VC firm is MaC Venture Capital, a sector-agnostic firm with $500 million in assets under management and an African portfolio with more than 10 startups.
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