Africa’s most valuable company by market capitalisation, Naspers, has shut down its $100 million venture capital fund Naspers Foundry in an effort to scale down its operations.
On Friday, news broke that the US Federal Deposit Insurance Corporation (FDIC) had shut down Silicon Valley Bank (SVB).Here's a quick breakdown of why this is a big deal and how it affects African startups.
VC4A (https://www.VC4A.com) and ABAN hosted Africa’s investor community at the 9th Africa Early Stage Investor Summit (#AESIS2022) from 2-4 November 2022.
MIL-OSI Africa: Africa rises as a startup investment destination, 9th Africa Early Stage Investor Summit (#AESIS2022) connecting 1000+ investors from across the globe foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.