Lenovo Southern Africa’s flagship event, Accelerate 2025, has just wrapped up in Johannesburg — and if the conversations are anything to go by, the…
Alitheia IDF fund gets $10m from Open Society Foundation to lend to women
Alitheia IDF, a joint venture fund between Alitheia Capital, a private equity investment in Nigeria, and IDF Capital in South Africa, has landed $10…
Unfettered ecommerce is now allowed – here’s what startups need to know
In new regulations (downloads as a PDF), South Africa’s Trade and Industry Minister Ebrahim Patel has done an about turn on ecommerce — now…
Here’s how businesses can apply for new loan guarantee, says Standard Bank
Standard Bank announced today that it is ready to receive applications for loans under the Covid-19 Loan Scheme for Small and Medium Enterprises, which…
SA’s AgVentures raised R100m from SA agrifood business
SA agrifood tech investment company AgVentures has raised an anchor commitment of R100-million from Acorn Agri & Food, a SA agrifood business. AgVentures said in…
Covid-19 and African tech startups roundup [14/05/2020]
Kenyan business incubator Villgro Kenya has awarded $150 000 in grants to 12 innovative startups from East Africa with technologies and innovations that could help…
Egyptian fintech Shahry raises $650k investment
Egyptian fintech Shahry has raised $650 000 in a pre-seed investment from Egyptian bank Egbank. The digital lending startup was founded in January last…
Novastar Ventures closes capital raise for $108m fund two
Novastar Ventures has closed the capital raise of a $108-million Novastar Ventures Africa Fund II. The fund will target businesses in East and West…
Absa invests in SA startup stock exchange A2X Markets
SA startup stock exchange A2X Markets has netted an undisclosed amount in investment from Absa bank. In an announcement yesterday, the startup said Absa…
Cryptocurrency platform Luno reaches over 4 million users
SA founded cryptocurrency platform Luno announced today that it has reached over four million customers worldwide, having added a million new users since September…
Covid-19 and African tech startups roundup [13/05/2020]
South Africans can from today buy new and used vehicles again. Emergency repairs can also be carried out on cars, including those that are…
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