Johannesburg, South Africa – February 27, 2025 – Xiaomi, the global leader in consumer electronics and smart manufacturing, proudly celebrated the official launch of…
Lateral Capital holds initial close of $50m venture fund
Lateral Capital, a US venture capital fund focused on sub-Saharan Africa, has announced that it has exceeded its initial closing target of $20-million for…
Changes to Section 12J VC regime won’t spell doom for all funds says venture capitalist
Experts last year raised concern over new deductions limits for investors under Section 12J of the Income Tax Act, saying it will reduce the…
African venture capitalists bullish over VC sector ahead of Nigerian Interswitch’s IPO
The World Bank has forecast growth in Sub-Saharan Africa to slow from 3.4% (forecast) in 2019, to 2.9% in 2020. But despite slower growth,…
€60m Janngo Capital Startup Fund to back African tech startups tackling UN SDG goals
African tech startups that tackle the UN’s Sustainable Development Goals (SDGs) are set to benefit from the launch of the €60-million Janngo Capital Startup Fund….
