Naspers invests R45m in local online learning platform

Naspers has made a R45-million investment in the online learning platform, The Student Hub. Coinciding with the third annual South Africa Investment Conference, the latest investment from Naspers Foundry, Naspers’s R1,4-billion early-stage tech investment...

Infobip to acquire OpenMarket

Global cloud communications company Infobip has entered into a definitive agreement with Amdocs to acquire OpenMarket, a provider of mobile messaging solutions to enterprises, for a gross cash amount of approximately $300-million. This combination will bring together...

MetroFibre Networx completes new capital increase

African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers, has acquired a minority equity stake in MetroFibre Networx, a South African open access fibre network operator, through the newly...

HyperionDev partners with Black Coffee for accessible tech education

HyperionDev has announced a partnership with South African DJ and entrepreneur, Nkosinathi Innocent Maphumulo, known widely by his stage name, Black Coffee. The equity investment is part of an equal partnership aimed at supporting accessible, alternative education in...

Telviva completes buy-out of AnD Communications

Telviva, formerly Connection Telecom, has increased its shareholding in AnD Communications to 100% of the issued equity. This will not only strengthen the footprint of the cloud communications market leader, but will also enable Telviva to extend the benefit of...

AI fintech FinChatBot lands $1,6m investment

FinChatBot, which develops conversational AI solutions for the financial services industry, has attracted $1,6-million from Saviu Ventures, a French investment holding company which focuses on African startups; Mauritius-based Compass Venture Capital and South African...