Investors News Archives - Cassava Tech https://www.cassavatechnologies.com/category/investors-news/ Technologies Wed, 18 Dec 2024 14:56:08 +0000 en-GB hourly 1 https://wordpress.org/?v=6.8.3 https://www.cassavatechnologies.com/wp-content/uploads/2022/06/cropped-cassavafavicon-32x32.png Investors News Archives - Cassava Tech https://www.cassavatechnologies.com/category/investors-news/ 32 32 Cassava Technologies Secures USD 310 Million in Funding and Completes Business Reorganisation https://www.cassavatechnologies.com/secures-usd-310-million-in-funding-and-completes-business-reorganisation/ Tue, 17 Dec 2024 12:47:39 +0000 https://www.cassavatechnologies.com/?p=4081 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 ... Read More

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]]> Africa Data Centres positions for growth with ZAR2 billion funding arranged by RMB https://www.cassavatechnologies.com/africa-data-centres-positions-for-growth-with-zar2-billion-funding-arranged-by-rmb/ Mon, 17 Jun 2024 05:00:00 +0000 https://www.cassavatechnologies.com/?p=3709 Africa Data Centres, a business of the Cassava Technologies group, has unlocked funding that will allow them to expand data centre capacity and meet the growing demand for cloud computing services in South Africa. This was facilitated through a bespoke ... Read More

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]]> Covenant extension agreed with lending partners https://www.cassavatechnologies.com/covenant-extension-agreed-with-lending-partners/ Tue, 02 May 2023 14:33:55 +0000 https://www.cassavatechnologies.com/?p=3354 Liquid Intelligent Technologies announces the extension of Liquid’s net debt: EBITDA covenant threshold in respect of its ZAR term loan and RCF. Earlier this year we engaged with our lending partners on a pre-emptive basis due to the prospect of further exchange rate volatility in certain markets. Following constructive discussions ... Read More

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]]> Cassava Technologies pledges R4.5 billion in investment into the South African economy https://www.cassavatechnologies.com/cassava-technologies-pledges-r4-5-billion-in-investment-into-the-south-african-economy/ Fri, 14 Apr 2023 06:30:21 +0000 https://www.cassavatechnologies.com/?p=3340 Cassava Technologies has pledged a total of R4.5 billion in investment in South Africa through its business units – Liquid Intelligent Technologies, Africa Data Centres and Distributed Power Africa. The announcement was made during the fifth South Africa Investment Conference (SAIC) ... Read More

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]]> Liquid Networks launches DDoS secure to Protect African Businesses from DDoS attacks https://www.cassavatechnologies.com/liquid-networks-launches-ddos-secure/ Tue, 06 Sep 2022 09:54:43 +0000 https://www.cassavatechnologies.com/?p=2861 Liquid Networks, a business of Cassava Technologies, a pan-African technology group, today announced the launch of its Distributed Denial of Service (DDoS) Secure offering to its customers. The solution is designed to proactively mitigate attacks by scrubbing traffic and blocking known attackers or malicious traffic ... Read More

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]]> Africa Data Centres uses strategic investment from US International Development Finance Corporation to expand operations https://www.cassavatechnologies.com/africa-data-centres-uses-strategic-investment/ Mon, 22 Aug 2022 09:55:23 +0000 https://www.cassavatechnologies.com/?p=2852 Johannesburg, South Africa – 22 August 2022 – Africa Data Centres, a business of Cassava Technologies, a pan-African technology group, has drawn down the first tranche of USD 83 million out of the USD 300 million strategic investment from the ... Read More

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]]> Liquid Intelligent Technologies completes acquisition of Telrad https://www.cassavatechnologies.com/liquid-intelligent-technologies-completes-acquisition-of-telrad/ Tue, 16 Aug 2022 09:28:08 +0000 https://www.cassavatechnologies.com/?p=2835 Tel Aviv (Israel), 17 August 2022 - Leading African technology infrastructure and services provider Liquid Intelligent Technologies (Liquid), a business of Cassava Technologies (Cassava), today announced the finalisation of its 100% acquisition and delisting of Telrad, an Israeli-based technology company (TASE: ILA). Telrad has a significant presence in 13 countries across the Middle East, ... Read More

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]]> Haven Cyber Technologies and Cassava Technologies launch a matrix of Cyber Security Fusion Centres across 6 countries in Africa https://www.cassavatechnologies.com/haven-cyber-technologies-and-cassava-technologies-launch-a-matrix-of-cyber-security-fusion-centres-across-6-countries-in-africa/ Wed, 20 Jul 2022 11:06:21 +0000 https://www.cassavatechnologies.com/?p=2822 ITC Secure (ITC), a Haven Cyber Technologies (Haven) company and a portfolio company of C5 Capital, and Liquid Cyber Security, a business of Cassava Technologies, a pan-African Technology Group, announced a ... Read More

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]]> Cassava Technologies announces $50m strategic investment from C5 Capital https://www.cassavatechnologies.com/cassava-technologies-announces-50m-strategic-investment-from-c5-capital/ Mon, 18 Jul 2022 13:03:14 +0000 https://www.cassavatechnologies.com/?p=2795 Partnership further enables Cassava to accelerate digital transformation in Africa. Jersey, United Kingdom, 18 July 2022 – Cassava Technologies (Cassava), Africa’s first integrated tech company of continental scale, announced today that it has secured a US$50 million investment from C5 ... Read More

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]]> Africa Data Centres named BoICT’s Carrier Neutral Data Centre of the Year https://www.cassavatechnologies.com/africa-data-centres-named-boicts-carrier-neutral-data-centre-of-the-year/ Wed, 01 Jun 2022 14:54:37 +0000 https://www.cassavatechnologies.com/?p=2765 Lagos, Nigeria, 1 June 2022 – Africa Data Centres, a business of Cassava Technologies, a pan-African technology group, has been named ‘Carrier Neutral Data Centre of the Year’ at this year’s Beacon of Information and Communication Technology (BoICT) awards. In ... Read More

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