Angel Investment Network
The South African Angel Investment Network (SABAN) is an investment and networking network that has more than 29,000 investors, and an investment capital of 8 trillion Rand. It focuses primarily on South Africa and features investors from all over Africa looking for a scalable business. They also provide entrepreneurs with the opportunity to meet potential investors who are looking to provide a percentage of their capital in exchange for an equity stake. The benefits of using this platform for financing business startups include the lack of strings attached as well as the possibility of using the money for growth, and no credit check required.
Africa has seen a remarkable growth in angel investing. There are numerous angel investor networks. These networks are an increasing industry in South Africa, with more investors pooling their funds to invest in early stage ventures. The ABAN website lists 10 local angel investors, and they will add more in the future. There are a variety of reasons this is true, but the larger benefits of a South African angel investor network are obvious.
Team Africa Ventures
A group of Hollywood celebrities and businessman Daniel Guasco co-founded the early-stage investment fund TeamAfrica Ventures. Founded in 2011, the fund invests in tech-driven enterprises with passionate founders from Southern Africa. The company also strives to assist its entrepreneurs in becoming better people and measure their progress by the level of satisfaction they have of the companies they create. Click2Sure is the first investment.
KnifeCap is a different venture capital fund manager. This Southern African growth equity fund manager focuses on creating jobs and expansion. They are passionate about finding businesses that are innovative and meet the needs of Africa. Their investments are distinguished by strong management teams who are enthusiastic about the region. Team Africa Ventures currently has five members and two funds under its supervision. Team Africa Ventures is based in Cape Town and invests in South Africa.
Thandeka Xaba has A Business Science degree and has been employed in corporate positions. While developing GlamAlly, she also worked for a number of companies and was part of an incubator program for emerging tech startups. She witnessed the catalytic effects of business and decided to make entrepreneurship an agent to do good. Despite these obstacles 60 percent of South Africa's tech entrepreneurs are black.
Naspers Foundry
If you're in search of an South African investor, you might be trying to figure out how to get investors in south africa to get in touch with the Naspers Foundry. This international Internet investment firm invests in startups that tackle big societal issues. The strategy of investment at Naspers Foundry is to focus on early-stage companies with the potential for high growth. The founders of companies who are part of the Naspers Foundry network get 10-30 percent stakes.
While Naspers Foundry doesn't invest in startups outside of South Africa, its parent company does. In fact, Naspers' recent acquisition of Webuycars for $94 million could aid in helping the South African tech scene take off. Previously, South Africa was the undisputed leader in venture capital but was soon eclipsed by its competitors Nigeria and Kenya. This fund could see Naspers take over the leadership in startup funding.
Naspers Foundry's latest investments include a R45 million investment in The Student Hub, a Cape Town-based on-demand earned-wage access platform. This is the third fintech investment made by Naspers Foundry. It has completed nine transactions since it was launched on January 1, 2019.
Mnisi Capital
If you're in need funds for your business you could think about Mnisi Capital as a potential investment. This South African investment firm was established on November 4, 2020. Its identification number (K2020847462) is They work with companies from a range of industries such as agribusiness and fast-moving consumer products as well as SMEs. Mnisi is committed to serving the interests of African communities as well as the ASM industry.
The South African startup ecosystem is one of the most sophisticated on the continent, and there are more investors looking for projects to fund in namibia than ever before. The government of South Africa has created a number of incentives to assist local entrepreneurs get international attention. Angel investors play a pivotal role in growing the number of investable businesses in the country. They are able to offer essential resources and networks for young companies, allowing them to access capital to expand their business.
4Di Capital
4Di Capital is a South African early and seed stage technology investment company funding options. The company is located in Cape Town, the company makes seed and early stage investments in companies in the enterprise software, web and investors willing to invest in africa mobile industries. Its mission is to support promising startups and help them scale. Its portfolio comprises 19 companies. 4Di invests in early-stage companies and focuses on high-growth sectors such as FinTech as well as Health-Care and Insuretech.
The firm has been in business for more than 10 years. It invests in growth stage and where to find investors in south africa early-stage tech startups. The company has made investments in several companies, including Aerobotics and Lumkani. Aerobotics has a patent on a drone to detect fires in shacks. Lumkani has developed a system that lets people pay and deliver goods to those who are in the greatest need. 4Di Capital is a prominent name in the local tech scene, with more than $1 billion of invested funds.
Snapnsave
SnapnSave has seen rapid growth since its inception at the end of 2015. With over 350 000 users and 1.5 million till slip submissions, the app has generated over ZAR14 million in rewards. The company is currently expanding its reach to Nigeria, as well as other African and Asian markets. This latest funding will be used to expand the customer base and to move towards an A round of Series A. SnapnSave is seeking funding from both international and domestic investors to help with its ambitious growth plans.
SnapnSave was bought by Kalon Venture Partners, an ex-grotech, and Smollan Group SA (a retail solutions company). In a deal they announced last week, the two companies made an investment of R7 million each in the start-up. SnapnSave is a smartphone app that lets users snap a picture of their till slip Where to find investors in south africa earn cashback on the products they love.
Sun Exchange
Solar cell projects are an excellent way to earn income through investment in the Sun Exchange. Depending on the size of the project individuals can invest as just as ZAR60 or even less, and the minimum investment amount can be as low as ZAR80. Some people are using solar cells as a source of annuity, while others see it as an act of social good. These people are part of a new trend of investing in social causes which is gaining popularity with millennials and generation Z. The Sun Exchange uses Bitcoin as payment method for small transactions.
The South African startup Sun Exchange recently raised US$2.5 million from UK-based private equity firm ARCH Emerging Markets Partners and closed a R67-million Series A financing round. This technology allows anyone to purchase solar cells and lease them out to businesses, schools and other organizations around the world. It has been vital in bringing solar power to dozens of schools and businesses throughout South Africa. After raising $4 million in Series A financing It plans to expand internationally.
Online payment system Sun Exchange
Sun Exchange is an innovative company that uses Bitcoin to increase the availability of solar energy in South Africa. Sunex allows individuals to purchase solar cells and receive returns either in bitcoin or South African Rand. They also sell excess solar power back to schools in South Africa. What is The Sun Exchange work? The website lets users invest in solar cells for as little as $5. All transactions are conducted in South African Rand or Bitcoin.
The Sun Exchange is an online payment system that permits individuals and companies to generate solar-powered dollars by leasing them to customers. The platform is part of a group which includes billionaire Patrice Mtsepe. It plans to expand into other African countries. The company has raised $1.4 million to support the efforts of a Zimbabwean fruit farmer. It claims to be the biggest African crowdfunded project. Its mission is to help entrepreneurs and business funding developers improve the lives of the people across the globe through its technology.
