Mission Mobile co-founder and CEO Timothy Strike Most of the up to R500-million that investment group DNI has committed to Mission Mobile, a Johannesburg start-up that sells smartphones on repayment terms through mobile operators’ stores, is debt, co-founder and CEO Timothy Strike told TechCentral. The package is “majority debt”, with DNI also taking an equity…
New GX Capital founder and CEO Khudusela Pitje New GX Capital’s clean-tech investment fund, Airnergize Capital Fund I, has secured US$28-million (R488-million) in funding from Nedbank CIB. Led by New GX Capital CEO Khudusela Pitje, Airnergize was launched in April this year with the intention of investing in renewable energy, gas and water infrastructure across…
Wetility, a subscription solar service provider focused on both the residential and commercial solar markets, has secured R500-million in structured capital funding from Jaltech. The capital provided by Jaltech will be used to fund solar and battery systems, allowing Wetility to add more than 16MW of solar capacity in South Africa in time. “This funding…
