#indicina

Zedcrest launches $10 million ’emergency fund’ for African startups

Zedcrest Capital, a firm known for its debt & equity capital markets investments but recently started dabbling into venture investments, has launched a $10 million fund for pre-Series A stage startups in Africa. The fund, dubbed “Knight Fund,” is aimed at providing last-ditch follow-on capital access to local funding required to help startups consolidate on existing operations, growth, and…