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Startups Weekly: Chinese investors double down on African startups – TechCrunch


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Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news.
China’s pivot to AfricaThree African fintech startups; OPay, PalmPay and East African trucking logistics company Lori Systems, closed large fundraises this year.
On their own, the deals aren’t particularly notable, but together, they expose a new trend within the African startup ecosystem.
“In previous years, the country’s interactions with African startups were relatively light compared to deal-making on infrastructure and commodities.
Join myself and Equity co-host Alex Wilhelm every Friday for a quick breakdown of the week’s biggest news in venture capital and startups. | To read full story, visit https://startuparound.com/read/1575127806.986663/Startups-Weekly:-Chinese-investors-double-down-on-African-startups-–-TechCrunch?ref=audio_experience
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