The newly launched Coca-Cola HBC Digital Hub will serve as a centralized digital delivery platform supporting the company’s operations across 27 markets in Europe and Africa.
Low computer ownership and uneven digital literacy mean many South Africans are still excluded from the basic tools needed to participate in an AI-driven economy.
Its mandate is to back start-ups and spin-outs built around technologies, patents and talent emerging from South African tertiary institutions and their alumni networks.
A little over a year ago, Moniepoint pushed back publicly against a Launch Base Africa report detailing heavy losses at its newly launched UK operation, calling the figures overstated.
Oversubscribed final close above $75m target highlights early-stage resilience as international investors weigh macroeconomic volatility against long-term demographic bets.