African funds raised $4-billion in 2024 — double the value from a year earlier — to invest in start-ups and infrastructure projects.
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The rand strengthened on Monday, boosted by news that the ANC may back down on a plan to raise VAT.
Venture capital funding for African start-ups shrank again last year, though the share of homegrown investors advanced.
CATL, the top maker of batteries for EVs, has won Hong Kong’s approval to proceed with a listing in the city
Europe could quickly seize an opportunity to capitalise on US aggression by moving quickly to bolster its tech sector.
President Donald Trump approved a partial 90-day pause in his tariff war, which had pummelled world markets.
The rand neared an all-time low against the US dollar in early trade on Wednesday, bruised by global risk aversion.
A significant delay to initial public offerings could starve venture capitalists of cash at a critical moment.
America’s seven biggest tech companies have collectively shed more than $6-trillion in market value since their peak.
The rand slumped to its weakest in 18 months on Monday as global trade fears rocked financial markets.