Cote Dlvoire, Feb. 27 -- The Board of Directors of the African Development Bank Group approved an investment of 6.5 million euros in the Saviu II fund in order to support technology start-ups through their seed phase and first institutional fundraising, mainly in French-speaking Central and West Africa.The Bank Group will invest 4.5 million euros as equity and 2 million euros as a first-loss hedging tranche on behalf of the European Commission, under the Boost Africa Programme. This participation of the Bank Group will enable the Saviu II fund to give priority to companies with a strong technological or digital component.Saviu II, the second investment vehicle of Saviu Partners, plans to invest between 500,000 and three million euros in abo...