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TLcom Capital appoints Johnson to head Nigerian office

Nigeria’s former minister of communications and technology, Omobola Johnson, is joining TLcom Capital as General Partner to open the London-based VC firm’s new office in Nigeria and lead its West African investment strategy. The firm is looking to raise $100 million for its latest vehicle, TLcom TIDE Africa Fund, which will look to invest between $500,000 and $10 million in e-commerce, energy, health and education technology startups. Johnson, who left office after the elections earlier this year, was Minister of Communications from 2011.

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