TLDR:
- Partech has closed its second Africa fund, Partech Africa II, at €280M ($300M+).
- The fund will invest in African companies in education, mobility, finance, healthcare, delivery, and energy sectors.
Partech, a global technology investment firm, has closed its second Africa fund, Partech Africa II, at €280M ($300M+). The fund will be led by General Partners Tidjane Deme and Cyril Collon and will invest across Africa with ticket sizes ranging from $1M to $15M on Seed to Series C rounds. The focus of the fund will be to support African companies and founders in sectors such as education, mobility, finance, healthcare, delivery, and energy on their growth journey in both local and international markets.