The Japanese electronics producer named Kwame Koranteng an investment manager for its CVC arm, representing its first Africa-based investor.
Tag: Africa
Sohaila Ouffata leaves BMW’s CVC to join African female founder nonprofit
African Tech Vision helps female founders to build scaleable tech businesses.
Sony Ventures to go global for its next fund
Sony’s venture arm plans to look to Europe and beyond for backers when it launches its next fund, as it expands to Africa and seeks content as well as tech.
CVC is key to making South Africa a startup hotspot
South Africa’s strong fintech sector, financial and regulatory systems make it an opportunity for foreign investors, but local corporates need to help seed the startup ecosystem.
Video: ‘Corporates know the future of business is in Africa’
Venture capital fund and platform Founders Factory Africa is growing its portfolio and seeks corporate investors to fund African startups.
Longhorn Publishers launches venture studio
Longhorn Digital Ventures Studio Kenya will act as an incubator for edtech innovations and support digital education content.
Ssemwogerere promoted to SVP at Standard Bank Group
Kevin Ssemwogerere, previously a renewable energy-focused CVC lead, is appointed SVP of investment banking ventures at the South African bank.
The Big Deal: Husk targets “half the planet” with its solar systems
Husk Power Systems has just raised $100m from investors including Shell to build 1,500 solar mini-grids in India and Nigeria in the next four to five years.
Sony launches $10m fund to invest in African entertainment startups
Sony Innovation Fund: Africa will make investments in gaming, music, movie and content distribution sectors.
Madagascar’s Axian swoops in as other VCs retreat from Africa
Axian Investment aims to invest in 10 startups a year in sectors such as fintech, insurtech and logistics.