According to Business Insider, Fede, one of London’s best-known VC funds is moving to East Africa and shutting down his coworking space. Apparently, Fede is fascinated by frontier markets and is confident he will replicate his admirable achievement in London somewhere else in Africa.
Fede is quoted saying: “My decision to move to East Africa was made in November. I am and have always been personally excited by frontier markets, and feel like there is a real opportunity to move the needle there for the better.”
It might be worth noting that Fede has worked for some NGOs in Africa before venturing into the tech venture capital business. His decision to move to Africa is probably based on his experience in the continent.
As an individual investor, Fede is said to have started investing in startups as early as in 2011. Two years down the line, Fede has over 20 companies under his investment …read more