Apr 17, 2023
The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed a $33-million sustainability-linked debt facility to Raxio Group, a pan-African data centre developer and operator. The funding enables the design,...
Apr 11, 2023
Licensed open-access fibre network provider Frogfoot Networks has appointed Shane Chorley as its new CEO, from 1 April 2023. Chorley is taking over from company founder Abraham van der Merwe, who has led it since inception. Van der Merwe now takes up the position of...
Apr 5, 2023
Earned Wage Access (EWA) platform Paymenow has raised a R250-million ($14-million) debt facility through Rand Merchant Bank (RMB) in a first-of-its-kind structure for the EWA market in South Africa. EWA is a financial wellness offering to employees which allows them...
Apr 3, 2023
MultiChoice has created a new technology division to align its delivery across the group. The new division will house the broadcast technology division, enterprise business systems, group digital, DStv streaming technology and project management office under one...
Mar 31, 2023
Troop, global developer of corporate meeting technology and services, has announced that it has secured $11-million (R201-million) in Series B funding. The funding will contribute towards expanding the company’s presence in South Africa and globally. Troop plans...
Mar 31, 2023
Workforce Holdings released results for the year ended 31 December 2022. According to CEO Ronny Katz, the performance of the investment clusters are very pleasing. “Given the positive contribution from all clusters at an EBITDA level, this tangibly demonstrates...
