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October 29, 2018 05:35 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/p-XUeQd8NN8/
Naspers announces $300 million initiative to support startups and tech in South Africa
Naspersannounced a $100 million Naspers Foundry fund to support South African tech startups. This is part of a $300 million (1.4 billion rand) commitment by the South African media and investment company to support South Africas tech sector overall. Naspers Foundry will launch in 2019.The initiatives lend more weight to Naspers venture activities in Africa as the company has received greater attention for investments off the continent (namely Europe, India and China).Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/p-XUeQd8NN8/
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