F5.5G Leap-forward Development of Broadband in Africa The Africa Broadband Forum 2024 (BBAF 2024) was successfully held in Cape Town, South Africa recently, under…
Despite 134% growth in VC investments, sector still lacks liquidity says investor
The number of South African venture capital (VC) investments grew by 134% to R872-million in deals in 2016 over the previous year, shows Southern African Venture…
Telkom assists 40 black technician firms, helps set up 11 black Express dealers
South African telecoms giant Telkom had in the year to end of March this year, procured R130-million in services from 40 black-owned technician businesses employing…
Cape Town company Digital Cabinet lands R5m funding from HAVAÍC, Growth Grid
Cape Town tech company Digital Cabinet has landed R5-million in equity funding, local venture capital (VC) company HAVAÍC announced today. The investment was secured from a consortium of individuals led…
SA venture capitalists slam inaccurate valuations by local angel investors
Inaccurate valuations from local South African angel investors are skewing the value of companies venture capital (VC) funds are keen to invest in, two leading…
SA equity crowdfunding site Uprise.Africa launches after response from FSB
South Africa’s first equity crowdfunding platform Uprise.Africa has officially launched after being told by the Financial Services Board (FSB) that the platform does not fall…
Knife Capital reveals deal with Swedish startup, bemoans lack of local funds
South African venture capital (VC) fund Knife Capital has co-invested in a Swedish startup alongside a Swedish fund, Knife Capital co-founder Keet van Zyl revealed today….
SA’s Prosperiprop responds to poorly performing ICO, adding PROPX NanoChain
Following the lack lustre performance so far of its PROPX initial coin offering (ICO) SA startup Prosperiprop has added a new offering to its current ICO….
SA drone startup UAV Industries to enter three more countries after $499 000 deal
Hot on the heels of securing R6.84-million ($499 000) in funding from local investors Glenheim Venture Capital Company, South African drone operator UAV Industries plans to expand…
Here are the 15 SA tech startups that have netted $137.7m in 2017 deals
South African tech startups have concluded deals valued at over $137.7-million so far this year, shows data tracked by Ventureburn. Ventureburn has tracked and reported on 15…
Ghanaian lending platform Bloom Impact plans to expand following funding close
Ghanaian lending platform Bloom Impact, which last week landed an undisclosed amount in seed funding from a Canadian fund, plans to enter three other African markets…
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