While a financial pandemic sweeps over the rest of the world, South Africa set new investment records last year, with its private equity funds growing to R103 billion, or 3.2 percent of its gross domestic product (GDP), compared to the global average of 2.7 percent.
Private investors are taking a chance on South African start-ups, especially in Internet related industries. (Internet access in the country is set to double in the next five years and a recent study found that 80 percent of South African Internet users shop online.) However, investors are finding great opportunities to fund a wide range of start-ups, such as businesses specializing in healthcare, crafts and communications technology. There has also been a movement to invest in “green” businesses, like renewable energy and sustainable technologies.
The 2010 FIFA World Cup provided even more business opportunities. The Tourism Enterprise Partnership was established in 2008 to facilitate the World Cup and the growth and development of the small, medium and micro enterprises (SMMEs) in the tourism sector, such as boutique hotels, restaurants, crafters and entertainment facilities.
South Africa also has a growing film industry. With its beautiful landscapes and low production costs - 40 percent less than in Europe and the US; 20 percent less than in Australia - South Africa has been the location of such recent movies as Blood Diamond with Leonardo DiCaprio, Lord of War with Nicholas Cage, and Tsotsi, which won an Academy Award for best foreign language film in 2006.
All this makes South Africa a market that many angel investors from all around the world have started to keep a close eye on.
R700,000 Req R100,000 Min
Raising the final R200,000 of the total R700,000 required for further expansion.
R20,000,000 Req R1,000,000 Min
Our aim is to implement proper measures to limit the incidence and spread of fires, by ensuring the safety of people, minimising loss of life and property.
R400,000 Req R250,000 Min
SOO FULL TRUCKS is ideally a restaurant on wheels. Conceptualized from the love of food and travel, we realised the Johannesburg and other major Cities had a market that was
R500,000 Req R250,000 Min
Further funding needed to grow an already established primary school in Johannesburg. Looking for a longer term business loan of around R500 000. Security available.
R2,000,000 Req R5,000 Min
PeerFin - An Asset-backed P2P platform, 14% compounded return per annum; SAFEGUARDED!
R1,000,000 Req R250,000 Min
Not reinventing the wheel, just making property investment easier for first time buyers and creating safer lending for investors.