Everlytic is more connected to its business partners than ever before. This is after South Africa’s most trusted bulk communication platform company held its…
Novastar Ventures closes capital raise for $108m fund two
Novastar Ventures has closed the capital raise of a $108-million Novastar Ventures Africa Fund II. The fund will target businesses in East and West…
How French investors are helping grow Senegal’s tech startup ecosystem
Senegal’s tech startup scene may still be small, but a rise in venture capital (VC) investments — led by French investors — suggest that things are beginning to warm…
France’s Proparco to deploy €50m in Africa’s tech ecosystem from 2019 [Updated]
UPDATE: (16 November): An earlier version of this article stated that Proparco will deploy the €50-million in 2019. Proparco communication’s adviser Romain Esperon subsequently clarified to Ventureburn…
SA fintech JUMO closes $52m round led by Goldman Sachs
SA fintech JUMO today announced the close of an equity funding round of $52-million led by Goldman Sachs. Also participating in the round were Proparco, the…