The U.S. government’s decision to ban TikTok, the immensely popular short-form video app owned by China’s ByteDance, has sent shockwaves through the tech industry,…
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)…
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…
Adbot and Future Females to empower female entrepreneurs with R1 million in advertising
Female entrepreneurs are being given a boost to their businesses – at a time when they need it most – in the form of…
Nigerian mobility player MAX closes $31m series B funding round
Metro Africa Express (MAX) has is closing out a stellar 2021 with a $31 million series B round of funding led by Lightrock, Global…