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  1. Dec 10, 2021 · Nigerian edtech market leader uLesson closed a $15 million series B investment that drew support from Nielsen Ventures and Tencent, as well as existing investors, Owl Ventures, TLcom Capital, and Founder Collective. This is the largest investment in an African EdTech company.

  2. Mar 22, 2018 · The stake Naspers bought for just $32 million in 2001 – when Tencent was an obscure Web firm in a nation where few people used the Internet – is now worth $175 billion. The sale comes hours...

  3. Dec 9, 2021 · Backed by Tencent in a $15 million series B round, Nigerian edtech startup uLesson expects live video to change education in Africa.

  4. Nov 17, 2021 · Chinese internet giant Tencent led the round, with other investors Endeavor Catalyst and Endeavor Harvest Fund participating. Founder and CEO Thomas Pays started Ozow in 2014 to drive financial...

  5. Tencent has made over 13 notable investments in African startups. Their most recent investment was in Remedial Health, announced on August 1st, 2023.

  6. Aug 4, 2021 · On why Tencent has such a big impact on South African’s savings: I guess that’s the key question. And if one casts their mind back to 2001, Naspers bought a 40 odd percent stake in a company called Tencent at the time for $34m. Today, Tencent is probably one of the best businesses in the world.

  7. Nov 30, 2017 · On Wednesday, Naspers Ltd.—aNPN 6.67 % increase; green up pointing triangle media and internet firm little known outside South Africa and Silicon Valley—reported a surge in half-year earnings.

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