{"id":607191,"date":"2026-07-27T22:28:25","date_gmt":"2026-07-27T22:28:25","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/607191\/"},"modified":"2026-07-27T22:28:25","modified_gmt":"2026-07-27T22:28:25","slug":"south-africa-sme-fund-plans-609-million-venture-capital-raise-for-startups","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/607191\/","title":{"rendered":"South Africa SME Fund Plans $609 Million Venture Capital Raise for Startups"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">A key South Africa fund plans to help attract as much as 10 billion rand ($609 million) in venture-capital financing to help scale high-growth startups, a move that would expand the nation\u2019s technology sector and accelerate the development of one the continent\u2019s most mature startup markets.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">The South Africa SME Fund aims to secure an initial 2 billion rand in 2027 and will leverage this to raise the rest from other institutions, Chief Executive Officer Ketso Gordhan said in an interview. Set up by the CEO Initiative, a group helmed by the leaders of the 50 biggest corporates on Johannesburg\u2019s bourse, the fund aims to address barriers to growth and build a stronger entrepreneurial ecosystem. <\/p>\n","protected":false},"excerpt":{"rendered":"A key South Africa fund plans to help attract as much as 10 billion rand ($609 million) in&hellip;\n","protected":false},"author":2,"featured_media":607192,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[178],"tags":[4204,79,12008,18,236,19,17,12502,256451,256452,254,5258,238,82,256,256453],"class_list":["post-607191","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-africa","tag-business","tag-chief-executive-officer","tag-eire","tag-entrepreneurship","tag-ie","tag-ireland","tag-johannesburg","tag-ketso-gordhan","tag-naspers-ltd-n-shs","tag-private-equity","tag-south-africa","tag-startups","tag-technology","tag-venture-capital","tag-vodacom-group-ltd"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116994303988532616","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/607191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=607191"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/607191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/607192"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=607191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=607191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=607191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}