Start Ups
The promising companies are expected to participate in the new Africa-France Summit, taking place this October in Montpellier, France with the aim of revamping the relations between Africa and France through novel frameworks and innovative ideas to open the prospects of partnerships between the African continent and France.
The fund will operate through its offices in Saudi Arabia, Bahrain, the Emirates and Egypt, according to a company press release.
His pitch worked: Hyundai agreed to buy a 12 percent stake in Luxi for $5 million, its first investment in a car-sharing firm as it joined rivals in the race for new-age transportation.
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