Tuesday, May 28, 2024
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VC Africa

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

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,...

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

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...

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

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

Top 5 Smartphone Brands Worldwide by Shipments: 2024

According to the latest data from DooFinder, Apple holds the top position as the world's No. 1 smartphone brand...
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