Is Africa short of capital or of investor-ready capital-seekers?

Deals exceeding $1,5-billion were concluded by start-ups in Nigeria during 2021, making it one of Africa’s ‘Big Four’ investable territories. Close on its heels was South Africa, with $945-million worth of funding raised last year. The total...

Paratus expands into DRC

Paratus Group has expended into the Democratic Republic of Congo (DRC). This coincides with the news that Paratus has won, together with DRC based Global Broadband Solution (GBS), the government tender to activate a 620-kilometer fibre optic network link between...

Alliance aims to support private sector growth in Africa

To support a stronger private sector, entrepreneurship and the growth of small and medium-sized businesses across Africa, African, European, multilateral and bilateral partners have launched the Alliance for Entrepreneurship in Africa (AforE). The Alliance will...

Launch Africa Ventures invests in on-demand expertise platform

Venture capital firm Launch Africa has invested in Homecoming Revolution’s new on-demand expertise platform, Insights by Experts. Janade du Plessis, fund manager at Launch Africa, comments: “Over the past two decades, Homecoming Revolution have built deep...

Africa gets closer to harmonised data protection laws

Smart Africa and Network of African Data Protecion Authorities (NADPA) have signed an Memorandum of Understanding (MOU) to advance the enforcement and harmonisation of personal data protection laws in Africa. The Smart Africa Alliance (SA) has signed an MOU today with...

Paratus to open Namibia data centre

Paratus Namibia will launch its carrier neutral Data Centre (DC) facility in Windhoek, Namibia in August 2022. The new facility, named Armada Data Centre by the company, will be the first carrier neutral and the largest DC facility in Namibia.  It will complement the...