Meta has announced the launch of Meta AI in South Africa with built-in Llama 3 on WhatsApp. This is a leapfrog step for…
Venture capitalists welcome Section 12J proposals but call for more changes
Venture capitalists have welcomed The National Treasury plan’s to amend a venture capital tax incentive, but want further amendments to be made. The VC tax incentive falls under Section…
Partech Ventures announces launch of Africa fund, having secured €57m so far
Silicon Valley fund Partech Ventures has announced the launch of its Partech Africa fund, which has secured over €57-million commitments so far. In a press…
Simodisa to integrate Venture Central site with other existing portals
SA entrepreneurship advocacy body Simodisa will in coming months begin integrating its Venture Central portal for entrepreneurs with other exisiting portals, the startup advocacy group’s…
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…