Venture Capital Articles in Africa

venture capital continues to grow in south africa - survey

A survey of the venture capital industry in South Africa has shown 122 local startups received a record R1.39 billion from investors during 2020. An online webinar hosted by the Southern African Venture Capital and Private Equity Association (SAVCA) unpacked the key findings of the 2021 Venture Capital Industry Survey. "During the first three months of COVID, many businesses temporarily closed down," Investment Principal at Edge Growth Ventures and webinar participant, Vu

article : Crowdfunding
plus vc launches venture capital internships

Six Interns to gain valuable insights on Venture Capital from experts in their field. Plus VC,(+VC) a Venture Capital firm which invests in early stage tech startups in MENA and its diaspora, is thrilled to announce its first Internship Program during the summer months. As a core part of +VCs commitment to increasing opportunities and diversity in the Venture Capital industry, interns will have a unique opportunity to have a preview of working in a venture capital firm an

article : Mixed
new venture capital funds in egypt to receive $120 million from giz programme

University - in a cooperation between Germany's international development agency, GIZ, Egypt's Micro, Small and Medium Enterprises Development Agency, Changelabs, and Endure Capital. GIZ has been operational in Egypt since 1956. From working at their Cairo office, the body works with the German Federal Ministry for Economic Cooperation and Development in the implementation of projects on behalf of German ministries, EU, and other international organizations.<br

article : Startups
how has covid-19 impacted south africas venture capital space?

A little under a year ago, South Africa confirmed its first COVID-19 case. At the time, there was still hope that the country could isolate and contain the disease, allowing economic activity to continue as normal. Few couldve guessed the toll the following months would take on our lives and livelihoods. After a robust 2019 , in which South African tech startups scored over R1.5-billion in investments and a record number of exits , sure deals no longer seemed certain. Was it possible

article : Startups
us venture capital fund searches for women entrepreneurs to invest in

Enygma Ventures has announced an open call for women entrepreneurs in Southern Africa as the US venture capital (VC) fund aims to invest in women-led and founded businesses in Africa. Lelemba Phiri , operating partner of Enygma Ventures explains that the fund aims to support female innovators and changemakers. We are industry agnostic, which means we invest in any sector where women are thriving. We are passionate about driving progressive change on the African continen

article : Startups
knife capital launches second 12j venture capital fund

Cape Town-based venture capital (VC) company Knife Capital has announced the launch of its second Section 12J Venture Capital fund for new investors to support South African entrepreneurs. Titled KNF Ventures II, it maintains the same investment mandate as the first fund and aims to accelerate the growth of local startups and SMEs and to generate returns for entrepreneurial-focused investors. Section 12J venture capital companies enable investors to invest in higher-ris

article : Startups