JOHANNESBURG - Private Equity Firm, LLH Capital, is looking for the next big thing in tech, in Africa.
The firm sold down a portion of its stake in Optasia, an AI-powered fintech platform, that listed on the JSE this week.
It’s being reported that the founders of LLH Capital, Romeo Kumalo and Gil Oved, plan to raise R3.5-billion to back AI companies across the continent.
Kumalo is a former Vodacom executive and along with Oved,
starred in DStv reality show Dragons.
Co-founder Gil Oved discussed this with eNCA.