Investment boost for only US Black mining exploration company in Africa
Written by Black Hot Fire Network on September 19, 2022
An investment from BVG, a US venture capital company, will enable the Pula Group, an African-American company mining graphite and gold in Tanzania to expand its activities. Unlike other foreign mining companies, Tanzanian’s own 50% of the equity of Pula’s Tanzanian subsidiaries.
Brown Venture Group (BVG), a Minneapolis-based venture capital company that has as its primary mission funding Black, Latino, and Indigenous companies in the tech sector recently closed on an investment in The Pula Group, a Los Angeles-based company that is involved in mineral exploration in Africa.
