Humanitarian & Cultural Causes in Africa
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Naspers invests $314 million in South #Africa tech #startups —

Naspers invests $314 million in South #Africa tech #startups — | Humanitarian & Cultural Causes in Africa |
Naspers is spending $314 on investing in new and existing tech businesses, mainly in South Africa.
Igor Espanhol's insight:

"Naspers, the Cape-Town based giant, has announced plans to invest $314 million in tech businesses in South Africa over the next three years. Of that amount, around $92 million will be committed to Naspers Foundry, a startup fund for tech businesses. The fund, Naspers says, “aims to fund and support South African technology start-ups seeking to address big societal needs.” Naspers will spend the remainder on startups it has already invested in, including OLX, delivery service Mr D Food and e-commerce firm, Takealot."

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Humanitarian & Cultural Causes in Africa
Social, Humanitarian & Cultural Causes in Africa. Investors Europe Sponsors Aurelie D'Unienville. . Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended to solicit clients from any specific jurisdiction including the Republic of Mauritius inter alia.
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