Naspers Foundry, Naspers’s R1.4 billion (about $85.2 million) early-stage investment vehicle aimed at boosting the South African tech sector, has closed its third deal, an investment in Food Supply Network (FSN) on undisclosed terms.

FSN is an independent business-to-business marketplace that integrates ordering systems of manufacturers, distributors, and buyers (restaurants, hotels and retailers) of food products.

Phuthi Mahanyele-Dabengwa, CEO South Africa of Naspers said, ...