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YO SHINAI, YO KANGAI

Japanese venture capital firms are stepping up their investments in African startups

Reuters/Kim Hong-Ji
Yomi Kazeem
By Yomi Kazeem

Africa reporter

Lagos

One of the biggest trends in African tech last year was the spike in inflow of investment from China.

For startups on the continent, increased interest from China offered an even more diverse pool to source capital from after years of Silicon Valley and European venture capital firms being the primary source of investment.

As it turns out, that pool is getting even wider with emerging interest from Japan led by a mix of early stage and corporate VC investors mostly testing the waters.

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