Funding In Southern Africa
Naspers Foundry Invests In The Food Service Industry, With Stake In Food Supply Network
Naspers Foundry, the venture capital subsidiary of the South African group Naspers, has concluded its third deal with an undisclosed investment in Food Supply Network (FSN), a food systems integrator. Read more
Funding In North Africa
Egyptian EsportsTeam Anubis Gaming Closes $300,000 Seed
Cairo-based esports team Anubis Gaming has closed $300,000 seed after raising $100,000 in fresh funds last month. The investment takes total funding raised so far by Anubis to $450,000. The latest money came from a regional ecommerce group. Read more
Appointments And Acquisitions
Platform Capital Invests in Big Cabal Media, Appoints Dr. Akindele to its Board
Platform Capital (Platform), a leading growth markets investor, has announced its investment in Big Cabal Media (BCM), a leading digital media publisher in Africa, operating out of Nigeria. Read more
Trace Group Acquires SA production Company Okuhle Media
South African audiovisual production company Okuhle Media has been acquired by Trace Group. This acquisition sees Trace take a majority stake in one of South Africa’s leading content production companies. Read more
Latest Report
Report Reveals Record Investment In Local Venture Capital Landscape
The latest report by The Southern African Venture Capital and Private Equity Association (SAVCA), titled the SAVCA 2020 Venture Capital Industry Surveyhas revealed that the local venture capital landscape experienced record investment and exit activity in 2019. Read more
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GFA Attract And GFA Weekly Round Up
GFA Attract Series (VC Edition): Interview With Rob Eloff, Lateral Capital
In this episode of GFA-Attract, Debo discussed with South African born Rob Eloff the co-Founder & managing partner at Lateral Capital, a mission driven venture fund investing in early stage opportunities in Sub-saharan Africa to bridge the gap between capital and opportunities. Watch the exclusive Interview here
GFA Weekly Round Up September 14- September 18
In this week’s episode of the weekly round up we zoomed in on funding activity in Africa from September 14-15 Listen Here
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