THE DNI GROUP ANNOUNCES NEW CEO 

Johannesburg, South Africa – The DNI Group, the market leading investment company focused on B2B distribution and technology services, is proud to announce the appointment of a new Chief Executive Officer (CEO), effective 1 March 2024. This strategic transition marks a significant milestone in the company’s continued growth and commitment to delivering unparalleled excellence in … Read more

DNI and Digital Ecosystems partner to invest in innovative AI business Digitata

The DNI, via its technology business, Digital Ecosystems (“DigiCo”), has completed the acquisition of a controlling stake in Mauritian AI technology business Digitata Limited (“Digitata”) for approximately USD 6 million. The acquisition forms part of the DNI Group’s objective of expanding its global footprint into businesses with scalable technology solutions that help deliver connectivity, convenience and digital inclusion. … Read more

Neem and DNI Group enter into a strategic investment partnership to revolutionize finance across emerging markets.

DNI Group invests in Neem to strengthen embedded finance and financial wellness in Pakistan KARACHI, PAKISTAN [26-June-2023] — Neem, a leading embedded finance platform in Pakistan, and DNI group, a prominent investment firm operating across 28 countries, have announced a strategic investment partnership fostering innovation and growth in the embedded finance space. The partnership entails … Read more

Paymenow raises R250 million debt facility through RMB to expand access to earned wages

Market-leading Earned Wage Access (EWA) platform Paymenow has raised a R250 million (USD14 million) debt facility through Rand Merchant Bank (RMB) in a first-of-its-kind structure for the EWA market in South Africa. EWA is a financial wellness offering to employees which allows them to access a percentage of their accrued wages before the end of … Read more

1K1V’s R200 million investment positions DigiCo for global expansion

One Thousand & One Voices (1K1V), a private equity firm that invests in sub-Saharan Africa with an exclusive limited partners (LP) base of leading family offices, today announced a R200 million (approximately $13.5 million) investment in a minority stake in Digital Ecosystems (DigiCo), a market-leading investment holding company that provides integrated technology services to the … Read more

DNI Group gives R1 million to The Sharks Hands of Hope to help rebuild KZN after riots

Johannesburg 23 August 2021 – Retail, telecommunications and technology holding company DNI Group, which owns a number of high-quality businesses in South Africa such as M4Jam and Paymenow (view subsidiaries), has donated R1 million to The Sharks’ Hands of Hope campaign. This funding will help rebuild damaged KwaZulu-Natal infrastructure in the wake of recent looting and … Read more

Empowering social innovation.

The DNI Group was recently featured in Outlook Africa’s online magazine. Written by Phoebe Harper, the article focuses on the Group’s inclusive ethos. Andrew Dunn (CEO) also discusses his pioneering vision of a collaborative ecosystem that champions financial literacy and inclusion. Read Online Article >>

Stephen Saad and RMB invest in DNI

DNI is pleased to announce that, Stephen Saad (CEO and founder of Aspen Pharmacare) and RMB have invested R375m into DNI directly and indirectly (via JAA Holdings) on 18 December 2020 via a newly formed co-investment vehicle. This transaction saw RMB, via its Family Office Group Solutions (“FOGS”) strategy, align as long-term capital partners to DNI providing … Read more

DNI and Mineworkers Investment Company conclude empowerment transaction

DN Invest (Pty) Ltd (“DNI”), the diversified and niche telecommunications, retail, distribution and technology services company, today announced that it had concluded an empowerment transaction with Mineworkers Investment Company (“MIC”), an established and highly regarded BBBEE investment holding company. The transaction involved MIC Investment Holdings (“MIH”) acquiring 25.1% of DNI’s shares in a transaction valued … Read more