The African Fund Which Has Invested In 90 Countries!
There is an African fund with investments in 90 countries. South Africa's Naspers can teach everyone about managing risk and hedging investments in a time of chaos. Techcrunch introduces this firm in a very light way. These are some of the companies here.
Naspers recently created a new holding company for its tech investments, called Prosus NV. A couple of months ago, Prosus went public in Amsterdam — the holding company is currently valued at $114 billion.
This has been a huge deal for Naspers — and also a highly unusual listing. And it should open up a lot of possibilities for more late-stage investments in the future. Prosus isn’t a traditional fund with limited partners that expect returns. It means that it can hold investments for multiple decades.
Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
Naspers has invested in online classifieds business OLX, in fintech startups with PayU and Remitly, in food delivery startups Delivery Hero, iFood and Swiggy, and in dozens of other startups across the globe.
While many venture capital firms are focused on the U.S., Naspers has investments in 90 countries.