
Sifiso Skenjana. (Supplied)
Last year, African tech startups raised a record almost $5.2 million in venture capital, a 50% increase over to the previous year and approximately nine times the value of what was raised five years ago. State-run innovation investment can kindle wide-reaching multiplier effects on economic growth, write Sifiso Skenjana & Lunathi Hlakanyane.
President Cyril Ramaphosa, in the Nasrec ANC policy conference, continued to profile the work done through the Black Industrialist Programme in the state’s pursuit to reignite and accelerate state support innovation and reindustrialisation.
Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won’t be billed.