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Agence Francaise de Developpement

Nigeria launches $672 million tech fund for young investors

Founded in 2020 by Jain and Vishal Mangal, the Kolkata-based startup’s proprietary AI and ML technology provides litigation analytics, enabling the company to analyse and evaluate litigation risks (Illustration: Rahul Awasthi)Nigeria launched a $672 million fund on Tuesday to support tech and creative sectors for young investors who struggle to raise capital in Africa's largest economy. The fund - targeting 15 to 35-year-olds - comes at a time when there are concerns locally about the failure of U.S. startup-focused…