Companies including Mitsubishi, Sumitomo Mitsui Banking and Toyota Ventures invested in a $147 million Africa-focused venture capital fund, in a sign of growing interest from the Asian nation in the continent's startups. https://www.japantimes.co.jp/business/2026/03/31/companies/investors-african-startups-fund/?utm_medium=Social&utm_source=mastodon #business #companies #mitsubishi #sumitomomitsui #toyota #investments #africa #startups
Japanese investors back new VC fund targeting African startups

The backing by large firms underscores the growing interest from the nation in African companies as they contend with a shrinking market and relatively low interest rates at home.

The Japan Times