Technology will accelerate SDGs

Technology will drive inclusive, sustainable growth that is needed for countries to achieve the United Nations Agenda for Sustainable Development. The UN’s 17 Sustainable Development Goals (SDG’s) are aimed at ending poverty and safeguarding the planet....

Kalon Venture Partners, Smollan Group invest in SnapnSave

Kalon Venture Partners, formerly Grotech, and Smollan Group SA have both acquired a minority stake in South Africa’s fastest growing shopping community, SnapnSave. Kalon, a venture capital fund and Smollan Group, a leading international retail solutions business...

Prodigy Finance expands on R3,19bn funding

Prodigy Finance, an international fintech platform that has developed the world’s first borderless credit model, has announced a R3,19-billion fundraise. This includes a R532-million Series C equity round led by venture capital firm Index Ventures, with...

AppCentrix in strategic partnership with AgileIT

Managed ICT services company, AppCentrix, has announced a strategic partnership with business value IT consultants, AgileIT. AppCentrix offers managed services that provide a real-time, single view of an entire IT estate. AgileIT is an IT services consultancy that...

Growing a franchise in a tough environment

Modern day businesses in South Africa are dealing with a number of challenges that all contribute to consumers having less money to spend: rising living costs, currency instability and general economic uncertainty, writes Abigail Makhubele, business development...

WDBIH takes 51% of Seed Engine

WDB Investment Holdings (WDBIH) has increased its stake in Seed Engine from 35% to 51%, officially confirming Seed Engine as a 51% black women-owned company. Venture capital company Grovest is Seed Engine’s second major shareholder, with a 30% stake. The increased...