Cassava Technologies (Cassava), a global technology leader of African heritage, has received an investment from NVIDIA in furtherance of its sustained drive towards Sub-Saharan Africa’s (SSA’s) digital transformation.
Commenting on the investment support, the President & Group CEO of Cassava Technologies, Hardy Pemhiwa, said: “Cassava is Africa’s leading technology company, driving the continent’s digital transformation with digital infrastructure and digital services. Securing this investment is an important milestone that we expect to unlock additional value from and catalyze the further expansion of our digital infrastructure and services to bridge the digital divide on the continent”
With the latest support from NVIDIA, Cassava’s list of investors now includes Econet Group, British International Investment, DFC, Finnfund, Fund for Export Development in Africa (Afreximbank/FEDA), Gateway Capital, Google LLC, International Finance Corporation (IFC), NVIDIA, Public Investment Corporation and Royal Bafokeng Holdings.
A news report on the latest funding support for the company from African Press Organisation (APO) Group indicated Cassava Technologies will continue collaborating with its partners and customers on the continent and beyond, establishing it as a leading technology company of African heritage.
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Cassava Technologies operates across Africa, the Middle East and Latin America through a strong portfolio of business units, comprising Liquid Intelligent Technologies, Africa Data Centres, Liquid C2, Cassava.ai, and Sasai Fintech, all of which are leaders in their respective sectors.
