DAI Magister was privileged to advise the leading high-performance computing (HPC) software provider for enterprises, Bright Computing, on its sale to the leading semiconductor and accelerated computing company, NVIDIA.
Nigeria’s tech community was booming – now it’s in shock - The government’s sudden ban on Twitter could jeopardise one of the country’s most promising industries.
We expect to see 8-10 notable transactions in the space and over $1.5 billion of additional investment in SSA datacentres over the next 3-5 years.
In this guest post Victor Basta, CEO of boutique investment bank DAI Magister and a specialist in the technology sector, argues that nearly half of Africa’s economic growth over the next ten to twenty years will be driven by a group of still relatively unknown tech companies.
At DAI Magister we estimate 350 European tech companies will raise €25m-250m+ funding rounds in 2021-22, a historic high for the European ecosystem that reflects a sharp rise in Series A rounds since 2017 that has continued this year even through COVID.
Where are the exits in Africa? This question often arises at African tech events and in social media groups featuring the continent’s ecosystem actors.
African payments is fast becoming a ‘gold-standard’ for payments worldwide, and COVID is set to accelerate both the value and funding available to this segment across the continent.
A sub-category of eCommerce has been quietly chugging along for the past decade. It is poised to grow substantially in the post Covid-19 world: investors should position themselves now to capture that upside.
The spectacular blowup of German fintech darling Wirecard AG, which has seen $12 billion wiped off its market value in three days, is making some old-school bankers feel good about themselves.
