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…
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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.…