At Naspers we believe that when we invest in an entrepreneur, we are able to bring much more to the table than just funding. We understand what it’s like to build and grow tech businesses, and we share that knowledge to help them succeed. We also recognise the important role that local businesses can play in boosting local economies, which in turn boosts the wider South African economy. That’s why a significant portion of the Naspers Foundry investment will be focused on black-owned South African start-ups.
“We believe the best ideas often starts locally, with passionate entrepreneurs starting businesses that meet the needs of the communities they know best. And when those needs are universal across the markets we know well, with the right backing, there is the future potential for their business to grow beyond their home market." - Bob van Dijk, CEO, Naspers
Helping South African entrepreneurs build great tech businesses:
Naspers today pledged its commitment to a R1.4bn start-up fund to boost the South African technology sector.