Business

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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…

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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…

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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…

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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, it told MENAbytes last week.…

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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…

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Daily Digest Friday, 18 September 2020

Funding In West Africa Cameroonian Start-up , Freshbag, Secures Investment From Greentec Capital Freshbag leverages on its network and in-depth…

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Morocco Launches New US$163m Windfarm To Boost Renewable Energy Utilization

MOROCCO – Morocco has launched the construction of the US$163 million Taza wind farm to boost renewable energy utilization in…

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Anzisha Prize Announces Top 20 Very Young African Entrepreneurs As Part Of 10th Year Celebration

The Anzisha Prize has revealed its top 20 finalists for 2020. Winners will be announced at this year’s Anzisha Prize…

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Palladium Acquires Minority Stake In Bamboo Capital Partners

Bamboo Capital Partners, the impact investing platform, and Palladium, the global impact advisory and management firm, have entered a long-term…

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South Africa Needs To Scale Its Creative Economy [Opinion]

In order for South Africa’s economy to transition to keep up with 4IR developments, Glenn Gillis, CEO of Sea Monster, explains that…

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