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Venture Capital 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,...

MFS Africa Raises $100-Million in Series C Funding

MFS Africa, one of Africa’s largest digital payments networks, has raised $100-million through an equity and debt financing round. The fundraising marks another milestone in MFS Africa’s expansion, following a series of acquisitions and investments in other African fintechs, including...

The Top African Regions Set to Become Startup and Investment Hubs

On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy, Ian Lessem, Managing Partner at HAVAÍC – investors in early-stage, high-growth technology businesses – says several other...

Kenyan Food Delivery Startup Secures $1-Million Pre-Seed Ahead of August Launch

Upcoming Kenyan food delivery startup Kune has closed a pre-seed funding round at $1-million in investments. The startup, which seeks to prepare and deliver freshly-made, ready-to-eat meals at affordable prices, will look to use the capital boost to scale its...

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...

4 Fresh Venture Capital Trends Shaping New African Investments

With the second half of 2021 approaches and COVID-19 vaccinations roll out across the globe, albeit at varying rates, Ian Lessem, Managing Partner at HAVAIC, investors in early-stage, high-growth technology businesses, considers the trends making an impact on the...
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Oracle’s Independent Software Vendor (ISV) Partner

Infobip, a global cloud communications platform and a member of the Oracle PartnerNetwork (OPN), has strengthened its collaboration with...
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