Sava Africa is a spend management platform, and Sava is positioned to help companies control spending by using spend management technology, reconciling accounting records, digitizing expense reimbursements, and integrating budget and actual cash flow. Sava Africa has recently raised a $2 million Pre-Seed round and will launch a beta version in South Africa in the third quarter of this year. Funding came from a number of Africa-focused investors, including Quona Capital, Breega, CRE Ventures, Ingressive Capital, RaliCap, Unicorn Growth Capital and Sherpa Ventures.
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