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Did you know that over 525 million people used the internet in Africa in 2019? If current growth trends continue, almost 75% of Africans are expected to come online by 2030.
African Changemaker
Andrew is a South African computer engineer and tech entrepreneur.
He is the Founder and CEO of Deimos, one of Google Cloud’s largest partners in Africa. At Deimos, Andrew is helping companies, mainly from Africa, to migrate their data to the cloud.
A true believer and enabler of the African Technology Renaissance, Andrew is on a mission to transform African and global businesses through cloud-native technology while fast-tracking digital transformation.
He started his journey in software development as an astrophysicist and previously worked on the Square Kilometre Array Radio Telescope in South Africa.
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South African private equity firm Infinite Partners has completed fundraising for its Core Equity Fund II, securing approximately $169.8 million to finance growth and ownership transactions in established mid-market businesses.
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East Africa Foods (EAF), a Dar es Salaam-based agritech and food distribution company, has raised approximately $40 million to expand its processing, storage, transport, and digital infrastructure.
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Lighthouse Capital is raising a $50 million private equity fund to invest in growing mid-market companies in South Africa and Kenya, combining equity financing with hands-on support for business operations.