Grindstone Accelerator launches early-stage venture capital fund

South Africa-based business accelerator Grindstone has launched a new venture capital fund, Grindstone Ventures, dedicated to provide early-stage equity funding to its cohorts of companies and alumni. Grindstone Accelerator is a structured entrepreneurship development...

DVT appoints Karl Fischer as CMO

Software development and technology services company DVT has appointed Karl Fischer in a new role as chief marketing officer. Fischer has been with DVT for five years as an MD of the East Coast region in South Africa and more recently DVT’s Coastal region as...

Ecosystem stakeholders agree that SA needs a Startup Act

A co-created and tailor-made national Startup Act will be a powerful tool for empowering entrepreneurs and addressing key developmental issues in South Africa – although case studies from other African countries show that it will require prolonged and widespread...

Altron BSI partners with Aprimo

Altron Bytes Systems Integration (BSI), a subsidiary of JSE-listed Altron, has partnered with US-based Aprimo to bring digital technology and services to companies that will benefit dramatically from digital transformation. Aprimo is a global provider of digital asset...

DPO Group to be acquired by Network International

DPO Group (DPO), one of the leading, high-growth online commerce platforms in Africa operating across 19 countries, has entered into an agreement to be acquired by Network International, an enabler of digital commerce across the Middle East and Africa (MEA). In a...

Global technology industry deals top $131bn in Q2

Total technology industry deals for Q2 2020 worth $131,01-billion were announced globally, according to GlobalData’s deals database. The value marked an increase of 30,6% over the previous quarter and a drop of 0.8% when compared with the last four-quarter...