News

Shell Foundation’s EEGF receives $13M injection to accelerate access to clean energy in Sub-Saharan Africa

Energy Entrepreneurs Growth Fund (EEGF) — founded in 2019 by the Shell Foundation and co-funded with UK aid from the UK government and FMO,…

Accelerators helping women-led startups in emerging markets can win up to $25,000 in IFC ScaleX initiative

International Finance Corporation (IFC) and Women Entrepreneurs Finance Initiative (We-Fi) have launched a call for applications for the IFC ScaleX, a performance-based initiative that will…

Lipa Later gains $12m funding to expand credit footprint in Africa

Odyssey Capital’s flexible payment fintech start-up Lipa Later closed a $12 million pre-Series A funding round that will help it expand its service into…

mPharma draws Lux Capital into historic African investment

Ghanaian pharmacy and healthtech start-up mPharma raised $35 million in a successful Series D funding round that drew participation from JAM Fund, Unbound and,…

Early-stage VC Fifty Years leads $1.1m HealthLeap pre-seed

South African healthtech start-up HealthLeap closed a successful $1.1 million pre-seed funding round led by deep tech investor Fifty Years. The firm is renowned…

MultiChoice connects South African SMMEs with global start-up investment community

MultiChoice Group, the African entertainment company that operates DStv, has shortlisted six start-up and scaling businesses that will be progressing to the final leg…

Applications now open for health focused accelerator in Africa

The Making More Health (MMH) accelerator, organised by Ashoka, is currently in its fourth year and aims to unlock the potential for growth, impact,…

Bfree raises $1.7m to expand operations

Nigerian ethical credit management FinTech start-up Bfree closed a successful pre-Series A funding round that will power its further expansion into Asia, Europe and…

DeFi platform Goldfinch raises $25m to continue emerging market lending

Andreessen Horowitz (a16z crypto) led a $25 million funding round that will help Goldfinch continue to offer uncollateralised DeFi loans to businesses in emerging…

Digital Realty to acquire majority stake in Teraco

Teraco Data Environments has announced that San Francisco based Digital Realty has entered into an agreement to acquire a majority stake in Teraco from a…

Adapt IT acquired by Volaris and delists from JSE

South African software company, Adapt IT Holdings Limited (“Adapt IT”), has been acquired by Volaris Group Inc. (Volaris) for R7 per Adapt IT share…

African entrepreneurs can now apply for $5000 seed capital

African entrepreneurs with business ideas or existing businesses under 5 years, are encouraged to apply now for $5000 seed capital, mentorship, business management training…

Global Trends In Startup Sub-Sectors

The COVID-19 pandemic has impacted the world in various ways and created shifts in some technology startup sub-sectors. It revived several that were previously…

Action Plan for Gauteng to support innovation is underway

Innovation and entrepreneurship have been identified as key drivers of the South African economy, but challenges such as lack of funding, talent, skills and…

Altaeros partners with World Mobile to raise blockchain network to the sky

World Mobile, the first mobile network built on blockchain and run by the people, partners with Altaeros, developers of the world’s first autonomous aerostats,…

Local Proptech and digitalisation company expands to UK

After 21 successful years in the South African PropTech industry, digitalisation specialist e4 is expanding into European markets. Having recently launched a new group…

Skillsoft acquires edtech rival, Codecademy, for US$525 million

Skillsoft, the American educational technology company that provides enterprise learning solutions, has entered into a definitive agreement to acquire Codecademy, a leading online learning…

Global Innovation Fund invests R7m to bridge South Africa’s digital divide

The Global Innovation Fund (GIF) has invested $460 000 in Isizwe, a South African internet service provider that promotes access for low-income communities. For…

Alithea IDF announces largest gender-inclusive private equity fund in Africa

Africa’s first women-led and women-focused private equity fund, Alitheia IDF (AIF), has announced the final close of the $100 million (R1 552 898 000,00)…

MTN Nigeria ready to release RCS Business Messaging

MTN is geared to launch Rich Communications Services (RCS) Business Messaging (RBM) Services in partnership with Google and Dotgo. This will allow business to…

WEF report shows barriers to SME technology adoption in emerging markets

While 97 percent of global companies have accelerated adoption of technology to get through the pandemic the World Economic Forum’s (WEF) survey indicates that…

Why the circular economy is fertile ground for South African entrepreneurs

In order to combat South Africa’s shrinking economy and high unemployment rate, small business specialists, Fetola, is running the Circular Economy Accelerator (CEA), a…

Naspers, Lendable and Change Ventures lead $30m Planet42 investment

South African car subscription service Planet42 secured $30 million in equity ($6m) and debt ($24m) financing. Debt venture fund Lendable doubled its initial $10…

Bolt reveals 2021’s record-breaking trips in SA – including 261km ride

The best films set in South Africa

Periculum launches in Nigeria to build credit assessment infrastructure

[Opinion] Four steps to SME success in 2022

Shell Foundation’s EEGF receives $13M injection to accelerate access to clean energy in Sub-Saharan Africa

Five features that make the HUAWEI MateView GT 34-inch Sound Edition a must-have

Indie games to look out for in 2022

The HUAWEI MateView GT 34-inch Sound Edition is the ultimate display for content creators

The 2022 new Ford Ranger is a bakkie for the future

Peugeot’s double-cab bakkie lands in South Africa

Land Rover introduces Defender with V8 engine to South Africa: Price and details

News

Shell Foundation’s EEGF receives $13M injection to accelerate access to clean energy in Sub-Saharan Africa

Accelerators helping women-led startups in emerging markets can win up to $25,000 in IFC ScaleX initiative

Lipa Later gains $12m funding to expand credit footprint in Africa

mPharma draws Lux Capital into historic African investment

Early-stage VC Fifty Years leads $1.1m HealthLeap pre-seed

MultiChoice connects South African SMMEs with global start-up investment community

Applications now open for health focused accelerator in Africa

Bfree raises $1.7m to expand operations

DeFi platform Goldfinch raises $25m to continue emerging market lending

Digital Realty to acquire majority stake in Teraco

Adapt IT acquired by Volaris and delists from JSE

African entrepreneurs can now apply for $5000 seed capital

Global Trends In Startup Sub-Sectors

Action Plan for Gauteng to support innovation is underway

Altaeros partners with World Mobile to raise blockchain network to the sky

Local Proptech and digitalisation company expands to UK

Skillsoft acquires edtech rival, Codecademy, for US$525 million

Global Innovation Fund invests R7m to bridge South Africa’s digital divide

Alithea IDF announces largest gender-inclusive private equity fund in Africa

MTN Nigeria ready to release RCS Business Messaging

WEF report shows barriers to SME technology adoption in emerging markets

Why the circular economy is fertile ground for South African entrepreneurs

Naspers, Lendable and Change Ventures lead $30m Planet42 investment

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