Some major companies are getting heavily involved in Africa’s tech space, with global mobile operator Orange leading the way in June. The company has announced the launch of an Africa-focused arm of its early-stage investment program Orange Digital Ventures, US$56 million to the new initiative. Orange Digital Ventures Africa will invest in early-stage innovation projects, and will focus on the areas of new connectivities, fintech, internet of things (IoT), energy and e-health. Other international firms are also stepping up their operations on the continent. London-based VC company TLcom last month confirmed the close of a US$40 million fund for African…
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