South African AI manufacturing startup DataProphet has secured a $6 million Series A funding round, as it plans to scale internationally. Cape Town and London-based VC firm Knife Capital led the round…
Cape Town is Battling its Nation’s Economic Woes to Become Africa’s Tech Capital
South Africa is suffering an economic crisis. Growth has slowed to 0.3%, its slowest since 2009, and unemployment is at a 14-year high of 27.7%. Manufacturing and agricultural job markets have shrunk.…