HAVAÍC Announces Expansion Plans with New African-Focused Fund

HAVAÍC has announced on LinkedIn that, in partnership with cornerstone investors Universum Wealth and The SA SME Fund, they are earmarking 15 new investments in African-born tech startups over the coming years. This initiative marks their third and largest African-focused fund, reflecting their continued commitment to fostering local innovation and economic growth.

Building on the success of their previous funds, HAVAÍC aims to scale these startups across the continent and globally. The firm expressed gratitude to its partners for empowering them to support African entrepreneurs with smart capital and strategic guidance. By combining the entrepreneurial talent in Africa with these resources, HAVAÍC believes there are limitless possibilities for local economic development and skilled job creation.