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…
How one VC has got around the challenge of doing due diligence during Covid-19 [Q&A]
Venture capital is, like any venture capitalist can tell you, an art more than a science. When you’re putting so much money into a…
Uprise.Africa to refund all investors in R4.2m Sun Exchange crowdfunding campaign
SA equity crowdfunding platform Uprise.Africa has taken a decision to refund all 288 shareholders that took part in SA startup Sun Exchange‘s crowdfunding campaign…
Right now, SA needs more Zulzi moments [Opinion]
Times are grim right now. Tens of thousands of SA businesses are expected to shut. The country’s already massive army of unemployed will likely…
SA grocery delivery startup Zulzi raises R30m from JSE-listed company
Johannesburg based online grocery delivery startup Zulzi has raised R30-million from a JSE-listed company. The startup, which was founded by Vutlharhi Valoyi (pictured above,…
Questions for Uprise.Africa over alleged fake R25m Intergreatme crowdfunding pledge
It was touted as the biggest ever equity crowdfunding raise by an African startup — an African record. But questions are now being asked…
New report estimates VC investments in African tech firms could fall by 40% in 2020
A new report estimates that venture capital (VC) investment in tech startups serving the African market could fall by up to 40% this year….
Salary cuts, customers not paying, as Covid-19 begin to bite even VC-funded startups
The economic fallout from the Covid-19 pandemic is beginning to bite, with even South Africa’s venture capital (VC) funded tech startups feeling the pinch….
How global entrepreneurs are rewriting the rules of Silicon Valley [Q&A]
Startup founders and investors have long looked to Silicon Valley as their reference point. Growth at all costs or move fast and break things…
Ingress Healthcare raises R6m for Airbnb-like platform for doctors to utilise spare capacity
Cape Town based healthtech Ingress Healthcare has raised R6-million to help it to scale its platform that aims to distribute spare consulting rooms in…
We’re still open to working with Custostech says HAVAIC CEO in statement
Ian Lessem, the CEO of SA venture capital (VC) company HAVAIC, which is suing startup Stellenbosch based Custostech for $4.45-million, says his VC is…
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