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South African agri-tech startup Nile secures $5.1m funding round led by Naspers Foundry

ByTechTrends

Nile, a South African agri-tech firm that uses its platform to allow purchasers to buy directly from Africa’s top food producers, has raised a ZAR83 million (US$5.1 million) equity fundraising round headed by Naspers Foundry. Nile was founded in 2020 with the goal of providing farmers with digital solutions to address several pain points associated…

Naspers Foundry

Meet the Investor: Fabian Whate, Naspers Foundry

ByTechTrends

From being conspicuous by its absence from the local tech startup investment scene for so long, Naspers – one of the largest technology investors in the world – is now making up for lost time in its home market of South Africa. Naspers announced the launch of its ZAR1.4 billion (US$96 million) Foundry fund, an investment vehicle aiming…