Naspers

Naspers is a global consumer internet group and one of the largest technology investors and operators in the world. The company is headquartered in Cape Town, South Africa, and operates across platforms and geographies, with established businesses in South Africa including Media24, Takealot, and Mr D. Naspers partners with local entrepreneurs to build global technology leaders in high-growth markets. Naspers has been active in African investments from January 2013 to September 2022, participating in five funding rounds totaling $71.1 million. The firm focused on early-stage companies, with investments in Series A (two rounds), Series B (one round), Seed (one round), and Venture (one unspecified round). Geographically, it prioritized South Africa (four investments) and Nigeria (one investment), targeting sectors such as e-commerce and retail (two), fintech (two), and agritech (one). Key investments include Sweepsouth and Konga in e-commerce and retail, Nile in agritech, and Naked Insurance and Ctrl in fintech. Naspers has co-invested alongside partners like Prosus Group, Kinnevik, and Endeavor Catalyst.