Huawei successfully launched its All-Optical Intelligent home showcase on the sidelines of the Africa Tech Festival in Cape Town. Powered by Huawei’s latest Fiber…
Digital Realty to acquire majority stake in Teraco
Teraco Data Environments has announced that San Francisco based Digital Realty has entered into an agreement to acquire a majority stake in Teraco from a…
Adapt IT acquired by Volaris and delists from JSE
South African software company, Adapt IT Holdings Limited (“Adapt IT”), has been acquired by Volaris Group Inc. (Volaris) for R7 per Adapt IT share…
Fresha raises over $52 million in Series C round
Fresha, a leading platform for beauty and wellness, has announced over $52 million in additional investment extending the company’s recent $100 million Series C…
African entrepreneurs can now apply for $5000 seed capital
African entrepreneurs with business ideas or existing businesses under 5 years, are encouraged to apply now for $5000 seed capital, mentorship, business management training…
Global Trends In Startup Sub-Sectors
The COVID-19 pandemic has impacted the world in various ways and created shifts in some technology startup sub-sectors. It revived several that were previously…
Action Plan for Gauteng to support innovation is underway
Innovation and entrepreneurship have been identified as key drivers of the South African economy, but challenges such as lack of funding, talent, skills and…
Local Proptech and digitalisation company expands to UK
After 21 successful years in the South African PropTech industry, digitalisation specialist e4 is expanding into European markets. Having recently launched a new group…
Skillsoft acquires edtech rival, Codecademy, for US$525 million
Skillsoft, the American educational technology company that provides enterprise learning solutions, has entered into a definitive agreement to acquire Codecademy, a leading online learning…
Alithea IDF announces largest gender-inclusive private equity fund in Africa
Africa’s first women-led and women-focused private equity fund, Alitheia IDF (AIF), has announced the final close of the $100 million (R1 552 898 000,00)…
Why the circular economy is fertile ground for South African entrepreneurs
In order to combat South Africa’s shrinking economy and high unemployment rate, small business specialists, Fetola, is running the Circular Economy Accelerator (CEA), a…
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