Silvertree Capital, a Cape Town-based venture capitalist, has invested in two of Nigeria’s largest e-commerce sites, according to a report in PMnews.
Nigeria’s Sunglasses.com.ng and Glamour.com.ng were built and funded by Startup Partners Africa based in Berlin, Germany and Lagos, Nigeria, the report says.
“We are very enthusiastic about the online market in Nigeria, which is beginning to show tremendous growth as more consumers start using the internet to shop,” said Manuel Koser, founding partner at Silvertree Capital and previously co-founder at Zando.
Read more at PMnews.
#1 Macroeconomic Newsletter For Black America