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MSA Capital is the Chinese VC Firm to Watch When it Comes to Investing in African Start-Ups

Announcing yet another early-stage Africa-focused company being backed by the Beijing-based MSA Capital is becoming a monthly ritual. African mobile money start-up PawaPay is the latest to attract MSA Capital financing as part of a $9 million seed round.

MSA, more than most other Chinese VCs, is placing a wide variety of bets on young African entrepreneurs, mostly in the fintech and logistics sectors.

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