Investment : Partech closes its African fund at €280M and opens an office in Lagos

Partech, a global leader in technology investment, finalizes its second African fund at €280M and expands its presence in Africa with an office in Lagos. This fund attracts top international investors, reflecting the growing interest in the African startup ecosystem.

Partech’s Africa II final closing announcement comes amidst a 50% decrease in the number of active investors in the African tech ecosystem.

Partech is a global technology investment firm headquartered in Paris, with offices in Berlin, Dakar, Lagos, Dubai, Nairobi, and San Francisco.

Based in Dakar, Senegal, Partech Africa is a leading venture capital fund dedicated to technology startups in Africa. Partech Africa invests in equity rounds from Seed to Series C in startups that are changing the way technology is used in education, mobility, finance, healthcare, delivery, energy, etc.