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…
1kx leads $5m funding round for NFTfi expansion
Innovative NFT-based marketplace NFTfi has secured $5 million in a funding round supported by day one investor 1kx and attracted Ashton Kutcher’s Sound Ventures…
VoxCroft Analytics get big investment from Knife Capital
Open-source intelligence company, VoxCroft Analytics, raised close to $2 million in Series-A funding from Knife Capital. This investment will speed up expansion of US…
Recap: 2021 SAVCA Venture Capital Conference
The Southern African Venture Capital and Private Equity Association (SAVCA) represents about 170 members who manage more than R185 billion in assets and its…
Tencent leads $48m Ozow Series B funding round
Storied South African fintech company Ozow attracted TenCent, Endeavor Catalyst and Endeavor Harvest Fund in a series B funding round that totaled $48 million….
MultiChoice leads R62m AURA funding round
South Africa’s leading security and medical response marketplace AURA secured R62 million in a successful Series A funding round led by MultiChoice Group, Buffet…
InfraCo expands e-mobility interests with Zembo investment
Private Infrastructure Development Group (PIDG) company InfraCo Africa, together with a consortium including Dutch private equity firm DOB Equity and Toyota Tsusho’s VC facility Mobility 54, has signed…
Luno and Invenfin back Root insurance API in $3m seed round
Cape Town-based low-code insurance platform start-up Root closed a $3 million seed funding round to help expand its infrastructure build to support the digital…
BriteGaze joins Enza Capital in $1m Craydel pre-seed
Enza Capital led an early-stage investment round for Kenyan edtech start-up Craydel. The pre-seed round also attracted Reshaad Sha’s AI investment fund BriteGaze, along…
JUMO raises $120m from Fidelity and Visa in bumper funding round
Fintech start-up JUMO has raised $120 million with Fidelity, Kingsway Capital and Visa among the biggest participants in its latest round of funding. This…
Renewable energy start-up SOLA gets on the grid early
SOLA Group has reached commercial operation providing solar energy to Amazon Web Services (AWS) three months earlier than expected. This will fulfil the commission…
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