African startups have a new fund to pitch to. Johannesburg South Exchange listed technology investment group, Ayo Technology Solutions has launched a $13 million fund aimed at African startups. Ayo, which is currently at the centre of a controversy around a $275 million transaction from the Public Investment Corporation (PIC), made the announcement in a statement recently. Ayo has said that there is nothing untoward about the PIC transaction.
Read more from source article: https://afrikanheroes.com/2020/03/06/south-african-company-ayo-launches-a-13-million-annual-fund-for-investment-in-african-startups/
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