South Africa – Newswire Report

What we know (and dont) about Goldman Sachs Africa VC investing

February 1, 2020February 1, 2020 NewsEditorafrica, Andreessen Horowitz, asia, e-commerce, entrepreneurship, Europe, finance, Ghana, Goldman Sachs, head, Investment Banking, Jules Frebault, jumia, jumo, Kenya, kobo360, London, Middle East, Money, Nigeria, player, Private Equity, Rocket Internet, San Francisco, sequoia capital, South Africa, Twiga Foods, Uber, United States, Venture Capital, zipline

Goldman Sachs is investing in African tech companies. The venerable American investment bank and financial services firm has backed startups from Kenya to Nigeria and taken a significant stake in e-commerce venture Jumia, which listed on the NYSE in 2019. Though Goldman declined to comment on its Africa VC activities for this article, the company has spoken to TechCrunch in the past about specific investments. Goldman Sachs is one of the most enviable investment banking shops on Wall Street, generating $36 billion in net revenues in 2019, or roughly $1…

Odds and Ends

Trump Campaign Uses Footage from Poland, South Africa in American Dream Thanksgiving Ad

January 3, 2020January 3, 2020 NewsEditorDonald J. Trump, Poland, South Africa, thanksgiving

President Trumps campaign released a Thanksgiving-themed ad earlier this week celebrating Americas inherent greatness. But some of the videos Americana imagery was taken from foreign countries. The 43-second video displayed various, traditionally patriotic scenes: families gathering in the kitchen, a kid looking into a telescope, a game of catch, and steelworkers leaving a steel mill. However, two of those vignettes were filmed, respectively, in Poland and South Africa. The ad, posted on Twitter Monday, features a narrator touting the American dream while the clips play and emotional orchestral music swells…