JSE-listed multinational Naspers, through its technology fund Naspers Foundry, has announced a R40 million investment in agritech company Nile. The investment is part of an R83 million equity round. According to a statement released on Tuesday, this is Naspers Foundry’s 10th investment since its launch in 2019 and is part of Naspers’s R1.4 billion pledge to South Africa’s technology industry.
Read: Food insecurity on the rise amid high food wastage levels in SA “The B2B platform facilitates transactions and safeguards payments on behalf of farmers, resulting in increased transparency and improved cash flow,” adds the statement. Naspers states that Nile has traded approximately 30 million kilograms of fruit and vegetables since its establishment, with buyers from five countries and 35 towns and cities across southern Africa. Its services are used by small and large-scale farmers.
Naspers Great news. Where does one connect to to be able to apply for these investments opportunities with Naspers, or is there a contract number that can be contacted for more information? Thanks
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessTechSA - 🏆 24. / 61 Read more »
JSE faces green Asian markets as Chinese tech stocks riseTencent, which influences the local bourse via the Naspers stable, gains 3.71% I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: BusinessTechSA - 🏆 24. / 61 Read more »
Source: mybroadband - 🏆 11. / 67 Read more »