Steven Grin has been angel investing in Africa since 2013, and now he is significantly scaling up his interests through his VC firm Lateral Capital. After starting angel investing in Africa, Lateral Capital was born after Grin met business partner Rob Eloff in 2015. The company focuses on tech-enabled businesses that are profitably solving pain points across financial services, healthcare, education, renewable energy and housing through its US$50 million Lateral Africa Opportunities Fund. Lateral Capital is in late stage diligence on a number of further investments, and has plans to launch offices in Nairobi office and Lagos. Therefore we are keenly focused on investing in technology enabled businesses in financial services, education, healthcare and energy,” said Grin.

Source: The North Africa Journal March 29, 2018 06:00 UTC