
LoftyInc Capital Secures $43 Million First Close for LoftyInc Alpha Fund to Boost Africa’s Tech Startups
LoftyInc Capital Management has raised $43 million for its LoftyInc Alpha Fund, aimed at late-seed investments in African tech startups. The fund will focus on key markets like Nigeria, Egypt, and Kenya, supporting sectors such as financial services, AI, and healthcare to foster innovation and scalable growth in Africa.