Lagos-headquartered venture capital firm Future Africa is teaming up with TLG Capital, a London-based open-ended credit fund, to launch a $25 million venture debt fund earmarked for portfolio companies.
More bad news: just 13% of decision-makers told Hewlett Packard Enterprise they treat data strategy is a key part of corporate strategy. Even within IT, nearly half said the budget never (28%) or occasionally (20%) includes data initiatives. But their hearts are in the right place: top goals for data initiatives are sales growth (30%), innovation (28%) and customer experience (24%).
Kapu, a social commerce startup coming out of stealth today having raised $8 million seed funding, is hoping to help lessen the burden of buying food for Kenyan consumers, many of whom are grappling with sky-rocketing food prices.
GrowthLoop will use TransUnion identity data to improve U.S. consumer match rates on client files sent to advertising media such as Facebook and Google Ads. The data should also help clients to find matches among records within their files, building more accurate customer profiles. GrowthLoop calls itself a “composable CDP”, meaning it works with data assembled in external data warehouses.