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Partech Africa II reaches first close at whopping $262m

Global technology investment firm Partech announced the first closing of Partech Africa II at €245 million (about $262 million) – already above the target…

Insurtech booms on back of fintech success story

Marius Botha Group CEO of aYo Holdings, talks about the fintech boom in Africa off the back of the latest Africa Investment Report by…

Vantage announces final close of 4th mezzanine fund

Vantage Capital, Africa’s largest mezzanine fund manager, announced the final close on its fourth mezzanine fund. A total of $377 million of commitments has…

Trade-ins in the tech sector – why it makes perfect sense

As the world shifts away from disposable technology and towards sustainable, eco-friendly options, refurbished electronics are increasingly becoming the go-to solution for consumers and…

Is ChatGPT the death knell for investment banks?

Over the past few weeks, ChatGPT has been one of the most talked-about new products in the tech world. This algorithm has been developed…

‘SMEs deserve financial relief amid load shedding losses’

Inospace, South Africa’s leading owner and operator of serviced logistics, calls on President Cyril Ramaphosa to urgently offer financial relief to the thousands of…

Grey empowers African freelancers, digital nomads

Grey, a Nigeria-founded start-up that provides access to foreign accounts for African freelancers and digital nomads, has reaffirmed its dedication to providing cutting-edge and…

Clickatell launches WhatsApp payments on FlySafair

South African low-cost airline FlySafair has become the first airline in the world to deploy Chat 2 Pay, an innovative e-commerce solution allowing customers…

Africa’s top start-ups off to Copenhagen for GSA finale

Winners of last year’s African Startup Awards will be traveling to Denmark’s capital, Copenhagen, in March to showcase their solutions to some of the…

Oikocredit invests $5m in Yellow to grow solar energy market

The African fintech start-up Yellow, a supplier of pay-as-you-go off-grid solar solutions and appliances, says a $5-million loan from social impact investor Oikocredit enables…

Superapp mentality drives large enterprise success in Africa

One in three people globally are now superapp users, with more than 90% of these consumers motivated by convenience. Ayoba, Gozem, M-Pesa, Opay and…

Fund creates thousands of young entrepreneurs in Malawi

Thousands of youths in Malawi have gained employment and some have even created jobs for their peers, thanks to a project supported by the…

Beyond funding: African entrepreneurs also need mentorship

Ask most African entrepreneurs what their biggest challenge is and they’ll tell you that it’s funding. That’s not conjecture either. In multiple continent-wide and…

Lulalend secures $35m to scale its lending business

In an arid investment landscape, Lulalend, a South Africa-based digital lender catering to underserved small and medium-sized enterprises (SMEs), has finalised a transformational $35…

DPO Pay scoops Fintech Discovery of the Year award

Leading African digital payments company DPO Pay won the Fintech Discovery of the Year award in the 2022 Ghana Fintech Awards. The competition is…

Grindstone X announces top 10 women entrepreneurs

Grindstone, in partnership with Naspers Labs announced the first 10 women entrepreneurs to benefit from its entrepreneur accelerator programme, GrindstoneX. GrindstoneX was formally launched…

14 start-ups to pitch live at Africa Tech Summit

A Nigerian legaltech is among the 14 start-ups announced to pitch live at the upcoming Africa Tech Summit in Nairobi, Kenya. Earlier today, organisers…

Private equity firm raises $296m to drive digital inclusion

Convergence Partners, a leading private equity investor dedicated to the technology sector across sub-Saharan Africa, closed its Convergence Partners Digital Infrastructure Fund (CPDIF) at…

Plant-based start-ups eligible for up to $300k

The ProVeg Incubator – the world’s first and leading alt-protein start-up accelerator – has increased the amount of investment it makes in start-ups that…

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