African Tech

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African entrepreneurs collaborating on sustainable tech projects, symbolizing a $147 million venture fund backed by Japanese investors for early-stage African startups.

Japanese Investors Back $147M Venture Fund for African Startups

A consortium of Japanese companies has invested $147 million in a new venture capital fund managed by Novastar Ventures, targeting early-stage African startups. This significant capital injection focuses on sustainability and climate technology, providing crucial funding for the continent's rapidly growing tech sector.

Marcus Havel·March 31, 2026