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The struggle is real - anxiety heightens as "Africa's startup graveyard" grows in size

Venture capital funding has declined significantly across the world in 2023, and though there were initial hopes that the nascency of the African tech ecosystem might mean it avoided too much damage, the growing size of the continent’s “startup graveyard” suggests that is not the case. ....

South Africa , South African , Klaviyo Ipos , Catalyst Fund , Disrupt Africa , Disrupt Podcast , Zenza Capital , Secha Capital , Knife Capital ,

SA VC firm Secha Capital announces $15.7m first close of $34m second fund

South Africa’s Secha Capital has announced a first close of ZAR300 million (US$15.7 million) of its second fund, the target size of which is ZAR650 million (US$34 million). ....

South Africa , Rushil Vallabh , Brendan Mullen , Nombuso Nkambule , Secha Capital Fund , Secha Capital , Investment Managers , Southern Africa , Cultura Fresh ,

FarmTrace raises fresh capital to scale cloud-based agtech solution

FarmTrace, a cloud-based agtech solution for farmers, has announced its latest undisclosed funding from Secha Capital and Hassium Capital. ....

South Africa , Werner Lategan , Howard Saffy , Brendan Mullen , Secha Capital , Hassium Capital ,