The hits and misses of Southern Africa tech in 2023
TechCabal | Ephraim Modise - Dec 29, 2023
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- Launch of funds to drive tech innovation in the region, including Convergence Partners Digital Infrastructure Fund, Sasol greentech startups fund, SA SME Fund, and Knife Capital's $50 million Series A fund.
- Startups in the region raised significant funds, including Planet42's $100 million Series A round, Naked Insurance's $17 million Series B, TymeBank's $77 million pre-Series C, and Stitch's $25 million Series A.
- Coverage of startups solving healthcare, cybersecurity, agritech, edtech, and mobility challenges in the region.
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The coverage of the southern Africa tech ecosystem in 2023 provides a comprehensive overview of the region's successes and challenges. It highlights the growth of funds, fundraising by startups, and the solutions being developed for pressing issues. However, it also sheds light on the negative aspects such as cybercrime, layoffs, and questionable corporate governance. Overall, the coverage offers valuable insights for further discussion and analysis.
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