Cisco-backed Harambe Raises Fund to Support African Tech Firms
LAGOS (Capital Markets in Africa) — Harambe Entrepreneur Alliance, whose backers include Cisco Systems Inc. and a foundation of South African businessman Jonathan Oppenheimer, has raised $1 million to support its African technology startups and help kick-start the return of venture capital to the continent following the coronavirus outbreak. The group has allocated about $100,000 each for two Nigerian companies to help them through economic downturns caused by the pandemic, Harambe Chairman Okendo Lewis-Gayle said in a…
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