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VC

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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,...
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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...
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Top 5 venture capital firms targeting Africa

Staff Writer -
Start-ups continue to mushroom across Africa’s fertile business and ICT landscape. Few of these would be in a position to move past the initial startup phase were it not for the involvement of venture capitalists. But, this is very much...
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Artificial IntelligenceMamsi Nkosi -

Google DeepMind & Research Introduce New Advancement in AI for Weather Forecasting

Google DeepMind and Google Research have unveiled a suite of new tools designed to improve the prediction of tropical...
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