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…
The African Business Angel Network’s year in review
Since the launch of the African Business Angel Network (ABAN) in 2015, there has been a noticeable growth in the amount of Angel Investors….
Bitcoin exchange company BitX rebrands to Luno, launches new products
SA Bitcoin exchange company BitX, has announced it’s rebranding to Luno. Along with the announcement, the company is launching a number of new products. “We…
OPIC to finance Unreasonable Capital with US$5-million
The US government’s Overseas Private Investment Corporation (OPIC) has announced their support of Unreasonable Capital, to the tune of US$5-million. Unreasonable is a venture capital…
Coworkite: a co-working space for beach bums
Co-working space, Coworkite has launched in Blouberg, Cape Town. Situated along one of the most popular kitesurfing beaches, their name, location and marketing emphasises…
Flat6Labs acceleration programme now open in Egypt
Early-stage investment company, Flat6Labs has announced their participation of the International Finance Corporation (IFC). The IFC and Flat6Labs will now form part of the World Bank’s…
Africa shines at Endeavor International Selection Panel
Startup accelerator giant, Endeavor has selected 37 entrepreneurs to form part of their extensive group of Endeavor Entrepreneurs. The entrepreneurs represent 20 companies across 13 countries. They…
Cairo receives £1-million startup investment from UK
The British embassy has announced a £1-million investment fund to benefit startups of Cairo in Egypt. Entrepreneurs eligible for the fund need to demonstrate that…
Bottles pops cork after R500 000 Shark Tank investment
On-demand alcohol delivery app, Bottles has successfully pitched their business on Shark Tank SA and walked away with an investment of R500 000. Their…
Paystack closes $1.3-million seed investment
Nigerian fintech startup Paystack, backed by Y-Combinator, has closed on US$1.3-million in Seed Funding. “Having painstakingly identified the many barriers that merchants on the continent have when…
All sunshine for Mobisol after €14m in investments
Solar power company, Mobisol has acquired large investments from the International Finance Corporation (IFC), as well as from the Dutch development bank. The IFC has…
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