F5.5G Leap-forward Development of Broadband in Africa The Africa Broadband Forum 2024 (BBAF 2024) was successfully held in Cape Town, South Africa recently, under…
African fintech startup secures $170-million
African fintech startup Flutterwave has secured $170-million in funding in a Series C round led by Avenir Growth Capital and Tiger Global Management LLC…
SA economy ‘slumps’ by 7% according to latest GDP report
The Department of Statistics South Africa has released the latest Gross domestic product (GDP) report for the fourth quarter (October to December) of 2020,…
SA fintech group secures $15-million in funding
Joburg-based fintech group Adumo has received $15-million in funding from IFC, a member of the World Bank Group, and the IFC Financial Institutions Growth…
SA startup goes global and lists product on Amazon
South African drink startup PURA Soda has listed its product range on the global eCommerce platform, Amazon, enabling the locally-born startup to cross-shores and…
Insurtech startup launches affordable prepaid car insurance
Black-owned insurtech startup Vaai.co has established an affordable on-demand car insurance solution that works similarly to buying prepaid airtime, allowing consumers to purchase insurance…
Airbnb launches initiative to support SMEs in Joburg
International home-sharing platform Airbnb has partnered with local payment app SnapScan to launch ‘Support Jozi, Shop Local’. The initiative aims to assist the recovery…
SA food tech startup launches initiative to support local restaurants
Cape Town-based food tech startup SnapMenu is offering locals the chance to win R1 000 in bitcoin for supporting local restaurants. SnapMenu is offering…
New Tap on Phone payment system for SA SMMEs to launch
South African payments facilitator Hellopay in partnership with Mastercard plan to roll out SoftPOS, a contactless payment solution that is able to turn any…
SA entertainment startup secures $225 000 investment
Cape Town-based entertainment startup Hitchat has secured $225 000 in a Series A funding round from undisclosed international investor partners. HitChat secures investment The…
Programme worth R2-million launches for black-owned hospitality businesses
Siqalo Foods, RCL Foods, and BIDFOOD have launched a new programme to support the economic recovery of black-owned businesses in the hospitality sector in…
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