US company PHP Ventures (people Help people) recently announced that it is seeking to mobilize $50 million through an Initial Public Offering on the New York tech stock market NASDAQ. The resources will go for investments in Africa where the company wants to focus on consumer-facing companies.

For more information, please see https://www.ecofinagency.com/finance/1506-42748-php-ventures-seeks-50mln-on-nasdaq-for-investments-in-africa