Flutterwave backer LoftyInc courts offshore LP as it aims to quintuple AUM with new Africa VC fund

LoftyInc Capital, a pan-African early-stage venture capital firm, is likely to secure commitment from a European development finance institution for its new investment vehicle.   The Lagos-headquartered VC firm is raising the $65-million LoftyInc Alpha Fund that would back tech-enabled enterprises across Africa at seed and Series A stages. It will likely ......