Cape Town is emerging as a hub for technology and venture capital (VC) talent, attracting professionals from Europe and Africa, according to Michel Weiss, founder and CEO of Counder Network. The network, which supports African startups, fund managers, and entrepreneurs, will host an invitation-only Wine and Venture Summit next month to establish trust between African entrepreneurs and European investors. Weiss emphasized the potential of Cape Town as a center for innovation, likening it to established hubs like Berlin, Stockholm, and Silicon Valley. However, he noted that South Africa’s tech ecosystem faces challenges, including restrictive visa policies and capital flow regulations. Weiss called for the government to make investing in the country easier and more attractive for international investors.
Transforming Cape Town into a Thriving Tech & Investment Hub
Latest from Blog
TraceAir secures $25 million for construction site analysis services
TLDR: TraceAir, a construction site analysis company, raised $25 million in a Series B funding round led by PeakSpan Capital. The investment will support the development of new products to boost land
Uncovering the Golden Opportunities of the Modern IPO Rush
TLDR: New-age companies are going public, resulting in a gold rush for investors. Companies like Ixigo, Go Digit, and Awfis have seen significant returns for their investors who include Peak XV Partners,
Purrfectly Profitable: Meowtel Overcomes VC Struggles to Succeed
TLDR: TechCrunch is part of the Yahoo family of brands When using TechCrunch sites and apps, Cookies are used for various purposes In a statement released by TechCrunch, it was revealed that
Fearless Fund fights for Striver’s Grant despite legal hurdles
TLDR Key Points: Fearless Fund facing legal challenges for the Striver’s Grant program Court upholds injunction citing racial discrimination concerns In a recent development, Fearless Fund, a venture capital firm supporting Black
Leading the Way: How Family Offices Are De-Risking Investments
Article Summary TLDR: Family offices have the potential to de-risk investments and drive societal change. An integrated, thesis-based approach and hands-on research can guide family offices in impactful investments. Family offices are