Partech

Global VC Firm, Partech Secures Largest Africa-focused Fund at $263 Million

The largest Africa-focused fund to date, Partech Africa II has reached its first close at €245 million (about $263 million), according to the international venture capital firm. According to managing partners Tidjane Deme and Cyril Collon, the company, which focuses on early- and growth-stage entrepreneurs throughout the continent, aimed to raise roughly €230 million ($250…