Friday
January 3
2025

Press Release: Cassava Technologies Secures USD 310 Million in Funding and Completes Business Reorganization

Cassava Technologies (Cassava), a global technology leader of African heritage, proudly announces three significant milestones: a substantial equity injection, the successful completion of its South African Rand (ZAR) debt refinancing, and the finalisation of its legal reorganisation. These strategic initiatives position Cassava for robust growth underpinned by a strong balance sheet.

Photo courtesy of George Prentzas.

Source: Cassava Technologies (link opens in a new window)

Categories
Technology
Tags
artificial intelligence, cybersecurity, data, digital inclusion, Digital Public Infrastructure