Ventures Africa - African Business, Financial & Economic News
WEBInnovation. Co-CEO of Pundi X, Peko Wan, discusses the impact of the AU’s new continental strategy. The African Union’s Executive Council has recently approved the “Continental Artificial Intelligence Strategy,” a groundbreaking initiative aimed at accelerating AI adoption across the continent. African Business, Financial & …
Interview with South Africa’s richest man, Patrice Motsepe
WEBMar 4, 2012 — Loni Prinsloo recently interviewed Motsepe, a South African Entrepreneur who was named as South Africa’s wealthiest man in the Sunday Times Rich List. In the interview, Motsepe shared his excitement about the emergence of a new generation of African entrepreneurs. “There is a new generation of Africans that have studied in …
Illovo: Leading The Business Of Sugar Production In Africa
WEBMay 5, 2012 — Established in 1891, Illovo, is currently one of the leading sugar producers globally with 47% of its revenue from South Africa. As one of the oldest sugar company in the world, Illovo prides itself as a low-cost sugar producer and a significant manufacturer of high-value downstream products. It has operations in six African countries including ...
Orda – The startup building a solution to ... - Ventures Africa
WEBJan 27, 2022 — Orda has done the hard work of figuring out the core problems that African restaurant owners face and is building a solution to change the food business in Africa.
The 5 Largest Retailers In South Africa
WEBAug 10, 2012 — Massmart Holdings Ltd. Massmart owns local brands such as Game, Makro, Builders’ Warehouse and CBW. It is the third largest distributor of consumer goods in Africa, the largest retailer of general merchandise, liquor and home improvement equipment and wholesaler of basic foods.It operates 302 stores in South Africa and 12 …
The RMB Where to Invest in Africa 2024 report ... - Ventures Africa
WEBAug 6, 2024 — RMB (www.RMB.com) has released the highly anticipated 2024 edition of its Where to Invest in Africa report, a comprehensive analysis of the top investment destinations on the continent.The report, which has been developed in collaboration with the Gordon Institute of Business Science (GIBS), leverages a robust methodology that has been updated to reflect new data sources, taking into account a ...
Kuda Bank’s $500 million valuation - Ventures Africa
WEBAug 11, 2021 — Kuda, one of Nigeria’s leading fintech banks, recently announced a $55 million Series B funding led by Valar Ventures and Target Global, with a $500 million valuation.Other investors who took part included Japan-based Strategic Business Investor (SBI) Investment and previous angel investors. This latest round of funding comes just a few months after the company raised a $25 million Series A ...
MallforAfrica: Evolve or die - Ventures Africa
WEBNov 11, 2021 — Private equity firm, Helios Investment Partners, revealed on its website that it raised an undisclosed amount of money in a private equity round for MallforAfrica in July 2013. MallforAfrica partnered with stores like BestBuy, eBay, Macy’s, Barney’s, and Bloomingdales, racking up to $17 million in sales in 2014.
African countries dominating natural resource outputs
WEBJul 25, 2023 — Below is an inexhaustive list of leading countries in natural resource production in Africa: #Ghana, Gold. Ghana is the largest gold producer in Africa, followed by South Africa. Last year, the West African country reclaimed its position from South Africa as the top producer on the continent after recording a 32% increase in gold production.
SeamlessHR, making human resource and payroll solutions across …
WEBJun 24, 2022 — According to Disrupt Africa, 564 tech startups raised more than $2 billion in 2021. It’s exciting to see that the record is on its way to being broken in 2022. As of March 1, 110 startups have raised over $1 billion, which is more than half (52.3 per cent) of the 2021 total. With more funding, there is a trickle-down effect on the quality of ...