{"id":4283,"date":"2022-04-04T03:27:27","date_gmt":"2022-04-04T03:27:27","guid":{"rendered":"https:\/\/appsaf.apieproject.com\/news\/?p=4283"},"modified":"2022-04-04T03:27:28","modified_gmt":"2022-04-04T03:27:28","slug":"sa-tech-start-ups-raise-r240m-in-dubai","status":"publish","type":"post","link":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/","title":{"rendered":"SA tech start-ups raise R240m in Dubai"},"content":{"rendered":"

The pay-TV operator recently followed in the footsteps of its former parent company, Naspers, by launching into venture capital, having selected six local start-up businesses that it hoped to help garner funding in the Middle East, as part of the country\u2019s push to drive interest in SA\u2019s economy at Expo 2020 Dubai.<\/p>\n

For start-ups, international investment is important because local pools of capital are still small compared with the multimillion cheques from overseas. Overseas investors can help local companies access and scale markets beyond SA\u2019s borders.<\/p>\n

Despite having the most advanced economy on the African continent, SA still trails countries such as Nigeria, Kenya, Egypt and Ghana when it comes to attracting capital for technology start-ups. In 2021, $5bn was put into such businesses on the continent with SA garnering $800m of the total, just 16%.<\/p>\n

As the Expo closed this week, the DStv operator said companies on its accelerator programme secured altogether $16m. MultiChoice invested $3.1m and external investors generated $12.9m.<\/p>\n

\u201cThese six start-ups really made the most of this opportunity,\u201d MultiChoice group chair Imtiaz Patel said at a media briefing in Dubai. \u201cThey generated investment interest of more than $16m, which is R240m from investors, more than half of which is already committed.\u201d<\/p>\n

The former Supersport CEO said \u201cwe want to turn our funding into shares. We really believe there\u2019s an opportunity here for us as MultiChoice to expand our business beyond just pay television.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

MultiChoice-backed small businesses have raised R240m from international investors in Dubai in their drive to increase foreign capital flows to SA-based technology start-ups.<\/p>\n","protected":false},"author":12963,"featured_media":4280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,21],"tags":[7,26,22],"class_list":{"0":"post-4283","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-technology","9":"tag-apie-project","10":"tag-news","11":"tag-technology"},"yoast_head":"\nSA tech start-ups raise R240m in Dubai - APIE NEWS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SA tech start-ups raise R240m in Dubai - APIE NEWS\" \/>\n<meta property=\"og:description\" content=\"MultiChoice-backed small businesses have raised R240m from international investors in Dubai in their drive to increase foreign capital flows to SA-based technology start-ups.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/\" \/>\n<meta property=\"og:site_name\" content=\"APIE NEWS\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/apieproject\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-04T03:27:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-04T03:27:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/03\/unnamed-1-78306b343ef413403dbb8e93de8c76ae.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@apieproject\" \/>\n<meta name=\"twitter:site\" content=\"@apieproject\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/\"},\"author\":{\"name\":\"staff\",\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/#\/schema\/person\/399517cac378948cd7b39086f9ddc2a7\"},\"headline\":\"SA tech start-ups raise R240m in Dubai\",\"datePublished\":\"2022-04-04T03:27:27+00:00\",\"dateModified\":\"2022-04-04T03:27:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/\"},\"wordCount\":247,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/03\/unnamed-1-78306b343ef413403dbb8e93de8c76ae.jpg\",\"keywords\":[\"apie project\",\"news\",\"technology\"],\"articleSection\":[\"News\",\"Technology\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/\",\"url\":\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/\",\"name\":\"SA tech start-ups raise R240m in Dubai - APIE NEWS\",\"isPartOf\":{\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/03\/unnamed-1-78306b343ef413403dbb8e93de8c76ae.jpg\",\"datePublished\":\"2022-04-04T03:27:27+00:00\",\"dateModified\":\"2022-04-04T03:27:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#primaryimage\",\"url\":\"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/03\/unnamed-1-78306b343ef413403dbb8e93de8c76ae.jpg\",\"contentUrl\":\"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/03\/unnamed-1-78306b343ef413403dbb8e93de8c76ae.jpg\",\"width\":750,\"height\":500},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/appsaf.apieproject.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SA tech start-ups raise R240m in Dubai\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/#website\",\"url\":\"https:\/\/appsaf.apieproject.com\/news\/\",\"name\":\"APIE NEWS\",\"description\":\"PANAFRICANISM NEWS PORTAL\",\"publisher\":{\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/appsaf.apieproject.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/#organization\",\"name\":\"APIE PROJECT\",\"url\":\"https:\/\/appsaf.apieproject.com\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/07\/logo-R-TransparentBackground.png\",\"contentUrl\":\"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/07\/logo-R-TransparentBackground.png\",\"width\":512,\"height\":512,\"caption\":\"APIE PROJECT\"},\"image\":{\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/facebook.com\/apieproject\",\"https:\/\/x.com\/apieproject\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/#\/schema\/person\/399517cac378948cd7b39086f9ddc2a7\",\"name\":\"staff\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/appsaf.apieproject.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5386283c5db150efe261184bd59f072a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5386283c5db150efe261184bd59f072a?s=96&d=mm&r=g\",\"caption\":\"staff\"},\"url\":\"https:\/\/appsaf.apieproject.com\/news\/author\/staff\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SA tech start-ups raise R240m in Dubai - APIE NEWS","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/","og_locale":"en_US","og_type":"article","og_title":"SA tech start-ups raise R240m in Dubai - APIE NEWS","og_description":"MultiChoice-backed small businesses have raised R240m from international investors in Dubai in their drive to increase foreign capital flows to SA-based technology start-ups.","og_url":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/","og_site_name":"APIE NEWS","article_publisher":"https:\/\/facebook.com\/apieproject","article_published_time":"2022-04-04T03:27:27+00:00","article_modified_time":"2022-04-04T03:27:28+00:00","og_image":[{"width":750,"height":500,"url":"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/03\/unnamed-1-78306b343ef413403dbb8e93de8c76ae.jpg","type":"image\/jpeg"}],"author":"staff","twitter_card":"summary_large_image","twitter_creator":"@apieproject","twitter_site":"@apieproject","twitter_misc":{"Written by":"staff","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#article","isPartOf":{"@id":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/"},"author":{"name":"staff","@id":"https:\/\/appsaf.apieproject.com\/news\/#\/schema\/person\/399517cac378948cd7b39086f9ddc2a7"},"headline":"SA tech start-ups raise R240m in Dubai","datePublished":"2022-04-04T03:27:27+00:00","dateModified":"2022-04-04T03:27:28+00:00","mainEntityOfPage":{"@id":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/"},"wordCount":247,"commentCount":0,"publisher":{"@id":"https:\/\/appsaf.apieproject.com\/news\/#organization"},"image":{"@id":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#primaryimage"},"thumbnailUrl":"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/03\/unnamed-1-78306b343ef413403dbb8e93de8c76ae.jpg","keywords":["apie project","news","technology"],"articleSection":["News","Technology"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/","url":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/","name":"SA tech start-ups raise R240m in Dubai - APIE NEWS","isPartOf":{"@id":"https:\/\/appsaf.apieproject.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#primaryimage"},"image":{"@id":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#primaryimage"},"thumbnailUrl":"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/03\/unnamed-1-78306b343ef413403dbb8e93de8c76ae.jpg","datePublished":"2022-04-04T03:27:27+00:00","dateModified":"2022-04-04T03:27:28+00:00","breadcrumb":{"@id":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#primaryimage","url":"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/03\/unnamed-1-78306b343ef413403dbb8e93de8c76ae.jpg","contentUrl":"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/03\/unnamed-1-78306b343ef413403dbb8e93de8c76ae.jpg","width":750,"height":500},{"@type":"BreadcrumbList","@id":"https:\/\/appsaf.apieproject.com\/news\/2022\/04\/04\/sa-tech-start-ups-raise-r240m-in-dubai\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/appsaf.apieproject.com\/news\/"},{"@type":"ListItem","position":2,"name":"SA tech start-ups raise R240m in Dubai"}]},{"@type":"WebSite","@id":"https:\/\/appsaf.apieproject.com\/news\/#website","url":"https:\/\/appsaf.apieproject.com\/news\/","name":"APIE NEWS","description":"PANAFRICANISM NEWS PORTAL","publisher":{"@id":"https:\/\/appsaf.apieproject.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/appsaf.apieproject.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/appsaf.apieproject.com\/news\/#organization","name":"APIE PROJECT","url":"https:\/\/appsaf.apieproject.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/appsaf.apieproject.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/07\/logo-R-TransparentBackground.png","contentUrl":"https:\/\/appsaf.apieproject.com\/news\/wp-content\/uploads\/sites\/29\/2022\/07\/logo-R-TransparentBackground.png","width":512,"height":512,"caption":"APIE PROJECT"},"image":{"@id":"https:\/\/appsaf.apieproject.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/apieproject","https:\/\/x.com\/apieproject"]},{"@type":"Person","@id":"https:\/\/appsaf.apieproject.com\/news\/#\/schema\/person\/399517cac378948cd7b39086f9ddc2a7","name":"staff","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/appsaf.apieproject.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5386283c5db150efe261184bd59f072a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5386283c5db150efe261184bd59f072a?s=96&d=mm&r=g","caption":"staff"},"url":"https:\/\/appsaf.apieproject.com\/news\/author\/staff\/"}]}},"_links":{"self":[{"href":"https:\/\/appsaf.apieproject.com\/news\/wp-json\/wp\/v2\/posts\/4283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/appsaf.apieproject.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/appsaf.apieproject.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/appsaf.apieproject.com\/news\/wp-json\/wp\/v2\/users\/12963"}],"replies":[{"embeddable":true,"href":"https:\/\/appsaf.apieproject.com\/news\/wp-json\/wp\/v2\/comments?post=4283"}],"version-history":[{"count":1,"href":"https:\/\/appsaf.apieproject.com\/news\/wp-json\/wp\/v2\/posts\/4283\/revisions"}],"predecessor-version":[{"id":4762,"href":"https:\/\/appsaf.apieproject.com\/news\/wp-json\/wp\/v2\/posts\/4283\/revisions\/4762"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/appsaf.apieproject.com\/news\/wp-json\/wp\/v2\/media\/4280"}],"wp:attachment":[{"href":"https:\/\/appsaf.apieproject.com\/news\/wp-json\/wp\/v2\/media?parent=4283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/appsaf.apieproject.com\/news\/wp-json\/wp\/v2\/categories?post=4283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/appsaf.apieproject.com\/news\/wp-json\/wp\/v2\/tags?post=4283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}