Tuesday, September 2, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Funding

Cassava Technologies has announced a $50 million strategic investment from C5 Capital

Tech Gist Africa by Tech Gist Africa
07/19/2022
in Funding, News
0 0
0
Cassava technologies

Cassava technologies

0
SHARES
Share on FacebookShare on Twitter

Africa’s first integrated tech company on a continental scale, Cassava Technologies, announced today that it has received a US$50 million investment from C5 Capital (C5), a venture capital firm that invests in cyber security, space security, and energy security.

The investment is a component of a larger capital round designed to hasten Cassava’s growth.

For C5’s cutting-edge portfolio firms to supply best-in-class cyber security, satellite and space technologies, and renewable energy, Cassava will be the go-to-market partner in Africa.

In order to help address the issue of cybercrime, C5 and Cassava have previously established a collaborative venture through which Haven Cyber, a C5 portfolio business, and Cassava will scale Microsoft’s suite of cybersecurity products across Africa.

Cassava Technologies’ founder and executive chairman, Strive Masiyiwa, claims that “Our strategy to obtain additional growth capital while expanding our investor base includes this investment from C5. With C5 on board, we can better realize our goal of creating a digitally linked future where no African is left behind “.

With operations in more than 20 African nations, Cassava Technologies has been at the forefront of providing cutting-edge technology solutions to local companies and individuals.

The company offers digital solutions to over 1 million businesses and internet access to over 500 million people in Africa through its wide offering, which also includes fiber networks, data centers, renewable energy, cloud, and cyber security.

The funding provided by C5 will aid in the acceleration of the initiatives Cassava has taken to improve digital inclusivity and connection across the continent.

 

Read more on Tech Gist Africa:

IFC invests in Wave, a mobile money company, to increase access to digital financial services in West Africa. 

Persistent Energy has secured a $10 million equity round in order to expand the company’s efforts in Africa’s climate change sector

Catalyst Fund has successfully raised $3.5 million in order to accelerate and scale pre-seed impact companies in Africa

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

GITEX Nigeria 2025
Events

GITEX Nigeria 2025: A Landmark Event for Africa’s Digital Future

by Tech Gist Africa
09/01/2025
0

Nigeria is set to host the inaugural GITEX Nigeria from September 1–4, 2025, marking a significant milestone in the nation's...

Read more
Agriculture Africa

Ghana to Become Africa’s First AI-Powered Agricultural Hub with $100M Japanese Investment

09/01/2025
Munify Egypt

Munify Secures $3M Seed Funding to Revolutionize Cross-Border Banking for Egyptians Abroad

09/01/2025
Uncovered Fund and Monex Ventures

Uncovered Fund and Monex Ventures have launched a $20M Fund

09/01/2025
PALM Egypt fintech startup

Egypt’s PALM Launches First Goal-Based Investment Platform, Empowering Everyday Savers

09/01/2025
Next Post
Eka Care India

Healthtech startup Eka Care Care raises $15 million

Lal10 India

Indian Startup Lal10 raises $5.5 Million

Sympower Netherlands

Amsterdam-based Sympower picks up €22 million

No Result
View All Result

The Big 5

ITIDA Egypt

Egypt’s Start IT Programme Welcomes Eight Innovative Startups in 47th Cohort

by Tech Gist Africa
09/01/2025
0

...

startup africa

Innovate47 Launches Food & Agri Accelerator to Empower African Startups

by Tech Gist Africa
09/01/2025
0

...

Dubai AI Accelerator

Dubai’s AI Accelerator has opened Registration for the “Future of AI in Government Services Accelerator” Program

by Tech Gist Africa
09/01/2025
0

...

Presight AI-Startup Accelerator

Presight AI-Startup Accelerator Ignites Global Innovation in Abu Dhabi

by Tech Gist Africa
09/01/2025
0

...

African tech ecosystem

Africa’s Growing Role in Global Tech Partnerships: Collaboration with Silicon Valley and Beyond

by Tech Gist Africa
08/25/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.