Wasoko cofounder Daniel Yu launches $100 million Africa Jobs Fund

Daniel Yu, co-founder of Wasoko, the Kenyan B2B e-commerce company that merged with Egypt’s MaxAB, has launched the Africa Jobs Fund (AJF), a new philanthropic investment fund which aims to mobilise $100 million over the next five years.

The fund intends to support companies that create high-productivity jobs across Africa. According to the fund, AFJ will focus on export manufacturing and…