Nigeria: Aduna Capital Unveils $20 Million Fund to Support the North, Female Founders
Aduna Capital, a Nigerian venture capital firm, announced the creation of a $20 million fund today. The fund would invest 55.5% of its cash in Northern Nigeria businesses, with the remainder spread across the country and Africa. According to General Partner Surayyah Ahmad, the fund’s goal is to have 50% female participation in the firms…