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…
AfricArena crowns top start-ups at Jo’burg summit
AfricArena, Africa’s leading start-up accelerator, has announced the winners of its Johannesburg summit. The event showcased innovative start-ups from the region, with winners in…
Paymenow raises $14m for groundbreaking EWA platform
Paymenow, a market-leading Earned Wage Access (EWA) platform, has secured a R250 million (about $14 million) debt facility through Rand Merchant Bank (RMB), marking…
Africa’s VC industry growing slowly: $4.8b raised in 2022
Africa’s venture capital (VC) industry experienced a downturn in 2022, with only $4.8 billion raised in the continent, according to Oliver Dickson, an SAFM…
TROOP raises $11m for South Africa expansion
TROOP, the global developer of corporate meeting technology and services, announced that it has secured $11million (about R201 million) in Series B funding to…
Taxing mobile money hampers financial inclusion in Africa
Mobile money services have been instrumental in driving financial inclusion across Africa. However, taxation policies imposed by governments could have unintended consequences on the…
Start-up survival metrics: Butkow’s top tips
Kalon Ventures chief executive Clive Butkow urged start-up founders to fully understand six survival metrics: cash runway, customer acquisition cost, gross margin, net burn,…
Exit plan for start-ups: ‘Global thinking, local start’
“You have to think global from day one,” urged Zachariah George during AfricArena’s Johannesburg summit earlier this week. Participating in a panel discussion on…
Africa’s Kubik and Emata win Global Startup Awards
Two African start-ups have been recognised as global winners of the 2022 Global Startup Awards. The competition is the world’s largest independent start-up competition…
Crypto exchanges vs. banks: Why it matters
Xapo Private Bank chief executive Seamus Rocca has spoken about the current crisis in the global banking and crypto industry, stating that trusted crypto…
Akili Labs, BGI Genomics bring clinical sequencing to Africa
Akili Labs and BGI Genomics have signed a technology transfer agreement to provide southern Africa with clinical-grade sequencing solutions. This development will improve the…
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