Pan-African Angel investor, 88mph, has announced that it will stop investing in African Startups and will not take on new projects, Disrupt Africa reports. The company will continue working with the 36 startups it has funded from inception within the next 18-24 months, but stated that it will not provide investments for new startups. “We will focus on working with the companies we have already funded to get some good return for our investors and founders,” Kresten Buch, Founder 88mph says in a media release on 88mph’s website. L5Lab and 88mph launched 440.ng, a Lagos-based accelerator programme, in 2014 to invest in mobile and internet startups in Nigeria with nine startups initially admitted into the programme. Image:Photo Credit: Stew Dean via Compfight cc,88mph