Serena Williams, NBK Capital join Africa fundraising foray

06 February 2022 - 00:00 By Bloomberg

Tennis star Serena Williams and NBK Capital Partners have joined a growing number of investors in African start-ups seeking to take advantage of a tech and innovative-finance boom on the continent.

Williams’s Serena Ventures, A&T Capital, Distributed Global and others participated in raising $6.5m (R100m) for Nigerian cryptoproducts developer Nestcoin, and NBK last week announced a $10m facility with Moove, Uber’s vehicle supply partner in Africa...

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