Lorem ipsum proin gravida nibh vel velit auctor aliquetenean idelit sollicitudin, lorem quis bibendum auci elit consequat ipsutis sem.
1-677-124-44227

info@yourbusiness.com

184 Main Collins Street | West victoria 8007

Follow us On Instagram

Lorem ipsum proin gravida nibh vel velit auctor alique tenean sollicitudin, lorem quis.
Top

News

Daily Digest Wednesday 26 August 2020

Funding In Southern Africa Cape Town-based tech startup secures $6-million funding The $6-million in funding was achieved from a Series-A funding round with Knife Capital joined by the Industrial Development Corporation of South Africa (IDC) and Norican Group, a leading foundry engineering and equipment company. Read more Funding In East Africa DOB Equity makes follow-on investment in Tanga Fresh DOB Equity, a Dutch family-backed impact investor in East Africa, has made a further investment in Tanga Fresh, a dairy processor in Tanzania. Read more Call For Applications & Other Web-events Top startup web events in South Africa this week Not all the events are free and some will require booking in advance. Please click on the...

DOB Equity makes follow-on investment in Tanga Fresh

DOB Equity, a Dutch family-backed impact investor in East Africa, has made a further investment in Tanga Fresh, a dairy processor in Tanzania. This additional investment from DOB will help Tanga Fresh expand its production in the long-life milk market. DOB Equity’s investment will also allow Tanga Fresh to expand its overall production capacity, providing access to a fair and reliable market for dairy farmers in the Tanga region. Founded in 1996 in Tanga on the Northern coast of Tanzania, Tanga Fresh’s partnership with DOB Equity began in 2007. Tanga Fresh produces a wide range of products such as mtindi (sour milk), yoghurt, ghee, fresh and long-life milk. Its...

Top startup web events in South Africa this week

Startup entrepreneurship  Startup Grind Stellenbosch in partnership with Amazon Web Services, will be hosting a webinar led by Wendy van Schalkwyk. As the current CEO of MI-International (Pty) Ltd, MI-Ashanti Training and Consulting Worldwide, Van Schalkwyk has a wealth of knowledge and experience in entrepreneurship.  The webinar will be a masterclass on Startup Entrepreneurship over the Ages and how new technologies create waves for startup ventures and innovation and that history is cyclical, repeating itself time and time again, in new forms and dimensions Date: 26 August, 5.30pmLocation: Webinar  Adapting to changing times  Startup Grind East London is hosting a webinar specifically for entrepreneurs whose businesses have had to undergo massive changes...

Cape Town-based tech startup secures $6-million funding

An award-winning AI manufacturing company and South African tech startup, DataProphet has raised $6-million in funding. The innovative tech startup aims to utilise the funding to expand internationally. The funding will be used to expand DataProphets offering into the international market The $6-million in funding was achieved from a Series-A funding round with Knife Capital joined by the Industrial Development Corporation of South Africa (IDC) and Norican Group, a leading foundry engineering and equipment company. This is not the first time that the innovative AI tech startup has received venture capital from Knife Capital. In 2018, DataProphet received venture capital funding from Knife Capital to boost its innovation capabilities. DataPropet aims to use the funding to...

Daily Digest Tuesday 25 August 2020

Latest News 24th August 2020 – GetFundedAfrica Ventures, a social venture on a mission to uplift people and economies in Africa through entrepreneurship, is pleased to announce that it has started accepting applications for equity capital funding from startups across Africa. Read more Funding In Southern Africa SA’s billionaire Patrice Motsepe eyes 25% stake in Sanlam Investment Indeed, Ubuntu-Botho Investments, which is the parent company of Africa Rainbow Capital is already a 14.13% shareholder of Sanlam. Read more Funding In West & East Africa German NGO Enpact Launches New Funding Program, To Invest Up To $10,000 Each In Startups In Ghana And Kenya Enpact has launched a funding program...

Startups Without Borders and Facebook partner to help entrepreneurs on the move in MENA

Startups Without Borders, a global platform for refugee and migrant entrepreneurs, has partnered with Facebook to launch ‘Boost with Facebook’ - a training programme to support 1550 entrepreneurs and business owners on the move to recover from the economic downturn of the COVID-19 pandemic.  The programme will offer training on digital marketing to business owners from the MENA region who have left their country of origin in search of a better life and have started a business or an initiative in the Middle East or Europe.    The ‘Boost with Facebook’ programme, designed to help small businesses grow by expanding their digital skills, will provide virtual learning sessions...

German NGO Enpact Launches New Funding Program, To Invest Up To $10,000 Each In Startups In Ghana And Kenya

Enpact has launched a funding program dubbed the Empowering Entrepreneurship Initiative that supports young, innovative businesses with a curated combination of mentoring, workshops, network building and funding. The call is now open for the COVID-19 Relief Programme, which will support 180 businesses across all sectors in the 6 countries Mexico, Egypt, Jordan, Kenya, Ghana and Indonesia and Kenya. What Startups Stand To Gain Selected businesses will have access to Individual mentoring sessions adapted to their needs, Direct financial support of up to $10,000 per business, expert workshops on crisis management, business development, leadership and growth and access to our global network of +1000 startups, +300 mentors, experts and investors...

Ugandan arm of Ciel Healthcare receives $6.5 million from shareholders, including IFC

The International Finance Corporation (IFC) approved a $4 million loan to International Medical Group (IMG), the Ugandan subsidiary of Ciel Healthcare, a Mauritius-based company that specializes in healthcare center management. The Ugandan hospital will also receive $2.5 million from Proparco, Kibo Capital and Ciel Limited, and other shareholders of its parent company. The resource will enable IMG to finance a liquidity shortfall that resulted from the covid-19 pandemic. It will be used to refinance existing debt and secure a longer grace period tailored to current cash requirements. It is not certain that Ciel Healthcare will seek this type of financial support for the other hospitals on its platform. In...

SA’s billionaire Patrice Motsepe eyes 25% stake in Sanlam Investment

Africa Rainbow Capital, the investment company owned by billionaire Patrice Motsepe (pictured), bid R815 million ($47.5 million) for a 25% stake in Sanlam Investment. Patrice Motsepe says he believes this latest transaction will enhance Sanlam's operations to make it a serious player in the highly competitive asset management industry. Sanlam for its part said, “this is particularly relevant in the current challenging operating environment, which is likely to persist in the near term as the country recovers from the severe impact of the Covid-19 pandemic.” The operation strengthens the presence of the exclusively black-owned capital in the chain of activities of the leading insurer in Africa. Indeed,...

Press Release

GetFundedAfrica Ventures announces opening of funding application portal to startups in Africa 24th August 2020 – GetFundedAfrica Ventures, a social venture on a mission to uplift people and economies in Africa through entrepreneurship, is pleased to announce that it has started accepting applications for equity capital funding from startups across Africa. Start-ups in pre-seed and seed stages of fundraising can apply for funding through the dedicated application page on GetFundedAfrica’s website. There are lots of challenges in Africa and GetFundedAfrica believes it can contribute to the eradication of poverty in Africa by investing in the Continent’s most promising ideas and companies — helping them grow, create jobs and solve...

Select your currency