South Africa needs to build tech companies big enough to create their own exits
South Africa can build successful tech startups. The bigger challenge is creating the capital, governance and market pathways that help tech scale-ups grow large enough to create their own exits.
South Africa's burgeoning tech sector requires the development of companies capable of achieving self-sustaining exits, according to a new partnership between the Johannesburg Stock Exchange (JSE) and the Technology Innovation Agency (TIA). The initiative aims to bridge the commercialization gap between early-stage venture capital funding and institutional governance readiness, enabling technology companies to scale and attract larger investors.
By partnering, the JSE and TIA select 10 businesses spanning health, agriculture, and fintech sectors for support in investment readiness, pitch development, market access, and connections to potential capital sources. The ultimate goal is to cultivate a pipeline of companies that can compete regionally and globally, while also creating liquidity opportunities for early investors without the need for external strategic acquisitions.
Written by urgent.news from TechCabal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
