4Di Capital, an early-stage technology venture capital fund manager, focusing on young entrepreneurs and tech startups, has invested in startups in Africa.
It helps these businesses with investment, access to business networks and technical infrastructure in exchange for a small equity stake. It has already spent more than $1m on investing and supporting start-ups in Africa.
The venture company now has more than 30 companies in its programme — 20 in Kenya and 10 in South Africa — and hopes to add 10 more in the latter.
The company said the start-ups were from different fields within mobile technology and were selected after a three-month programme to vet more than 300 applicants.
Tags: Venture Capital, Venture Capital Firm, Venture Capital Group, Venture Capital Industry, Venture Capital Investment, Venture Capital Investor, Venture Capital Fund, VC Funding, VC, Early-Stage Technology Venture Capital Fund, African Startup, Startup, Start-Up, Kenya, South Africa.