• Naspers announces $300 million initiative to support startups and tech in South Africa

    5 monthes ago - By Tech Crunch

    Jake Bright
    Jake Bright is a writer and author in New York City. He is co-author of The Next Africa .
    More posts by this contributor
    Marieme Diop and Shikoh Gitau to speak at Startup Battlefield Africa
    Local venture capital fund formation is on the rise in Africa, led by Nigeria
    Naspers announced a $100 million Naspers Foundry fund to support South African tech startups. This is part of a $300 million commitment by the South African media and investment company to support South Africa's tech sector overall. Naspers Foundry will launch in 2019.
    The initiatives lend more weight...
    Read more ...