Venture Capital

Total 49 Posts

E-commerce Venture Capital deals in Africa spiked during the second quarter of 2020

While challenges to adoption still exist, both in terms of customer preferences and inefficiencies in the market, e-commerce is beginning to generate traction both because of necessity and the presence of enabling technologies.

Launch of new venture capital fund in South Africa

South African based business accelerator Grindstone has launched a new venture capital fund, Grindstone Ventures, dedicated to provide early-stage equity funding to its cohorts of companies and alumni.

Nigeria's Plentywaka has secured a $300,000 pre-seed investment

Nigerian transport startup, Plentywaka, has secured a pre-seed investment of $300,000 and will also launch into Abuja. The startup aims to transform transport in Nigeria to provide safe, convenient, and comfortable travel for all.

Black or White? πŸ‘©πŸΏπŸ‘¨πŸ»πŸ‘¨πŸΏπŸ‘©πŸ»

We have to at some point execute solutions to solve the problem of racial bias in startup funding. Talking won't cut it anymore because we have BEEN talking.

South Africa's SweepSouth has received investment from Futuregrowth

Asset management company, Futuregrowth, has invested an undisclosed amount of venture capital funds into South Africa's SweepSouth.

Washing money 🧺

How are tech startups funded and what is the source of those venture capital funds? This extends beyond investments in technology startups and applies to the NPO/NGO sector too. How many of these organizations know the source of their donor's funds?

Transforming Nigeria's informal retail supply chain

With Africa’s offline retail market estimated at $1 Trillion, Nigerian startup, TradeDepot, plans to use the investment it received to expand into other African cities and launch a suite of financial products and credit facilities to support its retailers.