Silvertree To Finance African Tech Startups

South African Silvertree Internet Holdings, a reliable venture capitalist will be funding more tech startups this year with an estimated $10million, announced Paul Cook, the firm founder. The amount will be distributed to interested and qualified companies in Africa including Kenya in exchange for equity rights. Previous beneficiaries include; Click and Compare Group,WineCo and Faithful to Nature among others.

Startups to be funded
Silvertree invests in companies dealing mostly in E-commerce and its related activities.This will cover the inquiry into products, buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the Internet.It's simple doing business over the internet.

That's the good news.

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