investment+april 18

Tolaram Group to Expand Cereal Factory

The Tolaram Group has unveiled plans to expand its cereal factory opened in December last year. The expansion is billed to cost N20 billion, and is due to the factory hitting a 100% capacity utilization. Girish Sharma, the chief operating...
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TLcom Capital backs Terragon with $5M

Terragon Group, a Lagos-based digital and marketing tech solutions provider, has just raised $5m from TLcom Capital. This is only TLcom Capital’s second investment in Sub-Saharan Africa (SSA) since it announced a $40m seed fund dedicated solely to startups on the continent...
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