Thursday, January 16, 2025
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VC Africa

Company News

Gumtree SA Acquired by VC Firm – Potential African Expansion in Future

Luis Monzon -
One of South Africa's largest online marketplaces, Gumtree, has been acquired by Impresa Capital, a Durban, South Africa-based firm led by tech businessmen and venture capitalist brothers Sean and Donovan Bergsma, founded in 2002. According to a report from MoneyWeb,...
Lists

4 Lessons Private Equity Can Learn After a Huge 2020 for African VC

Luis Monzon -
Despite the limitations of a global pandemic and its attendant lockdowns, African venture capital had a bumper year in 2020. According to a report from the African Private Equity and Venture Capital Association, the number of total reported venture capital...
Southern Africa

Cape Town Tech Startup Secures $14.5-Million More in Funding

Luis Monzon -
Cape Town-founded mobility tech startup WhereIsMyTransport has secured a total of $14.5-million during a Series A extension round to continue its expansion. This is in addition to the R42-million ($3.09-million) in funding it received from South African media mega...
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Latest News

Artificial IntelligenceMamsi Nkosi -

Google & Mercedes-Benz Transform In-Car Navigation with AI

Google and Mercedes-Benz have announced a pioneering partnership to expand the MBUX Virtual Assistant with AI-powered conversational search capabilities. Built...
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