Africa News: Tech Startups Get Boost From Oppenheimer, Cisco

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Harambe Entrepreneur Alliance, whose backers include Cisco Systems Inc. and a foundation of South African businessman Jonathan Oppenheimer, has raised $1 million to support its African technology startups and help kick-start the return of venture capital to the continent following the coronavirus outbreak.

The group has allocated about $100,000 each for two Nigerian companies to help them through economic downturns caused by the…