Africa Roundup: Partech Ventures launches $70M fund, TPG Growth acquires TRACE, Rensource raises $3.5M

 Last month we characterized 2017 as the year Sub-Saharan Africa’s startup scene found its stride. 2018 looks to be the year of numerous VC investments. TPG acquires TRACE January got the funding party started. U.S. based private equity firm TPG Growth acquired a majority stake (of an undisclosed value) in entertainment company TRACE. TRACE is a global multimedia giant for African… Read More Post by startupsnows.blogspot.com