Africa Roundup: Goldman backs startup African Internet Group to become continent’s 1st unicorn

 The big tech news is the recent torrent of capital to Africa Internet Group (AIG)—which owns online retailer Jumia and 9 other e-ventures. Yesterday AIG announced €300 million ($326 million) in funding from backers including Goldman Sachs and MTN. CEO Sacha Poignonnec confirmed the new financing brings company equity to €1.005bn ($1.08bn). This clears the hurdle for AIG to become… Read More