Naspers
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News
Naspers Shuts Down Foundry, its $100M Fund Focused on South African Startups
Naspers, Africa’s most valuable tech company by market capitalization, has winded down the operations of its R1.4 billion (≈$100 million)…
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Funding
Naspers Foundry, Announced $2.5 million Investment in Nile, An Agritech Company That Connects Farmers to Buyers of Fresh Produce.
Nile’s services are used by farmers of all sizes, from small-scale farmers to large commercial farmers, with buyers ranging from…
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Funding
On-Demand Platform Floatpays Secures US$1m From Naspers
SOUTH AFRICA – Naspers, a multinational holding company, has made a R15 million (US$1m) investment in Floatpays, an on-demand earned…
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South Africa’s Planet42 Gets $30M For Its Car Subscription Service, Mexico Expansion
Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription…
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South Africa’s Absa Is All Out For Startups, Launches 1000 Tech Entrepreneurs Program And Free Banking For Startups
More and more corporates in South Africa are throwing their weight behind startups in the country. Toeing the path of…
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MultiChoice Acquires 20% Stake In BetKing For US$116m
SOUTH AFRICA – MultiChoice Group has expanded its repertoire with an agreement to buy a 20% stake in Africa-focused sports-betting platform BetKing for as much as US$116…
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