News

Tencent leads $48m Ozow Series B funding round

Storied South African fintech company Ozow attracted TenCent, Endeavor Catalyst and Endeavor Harvest Fund in a series B funding round that totaled $48 million….

MultiChoice leads R62m AURA funding round

South Africa’s leading security and medical response marketplace AURA secured R62 million in a successful Series A funding round led by MultiChoice Group, Buffet…

JUMO raises $120m from Fidelity and Visa in bumper funding round

Fintech start-up JUMO has raised $120 million with Fidelity, Kingsway Capital and Visa among the biggest participants in its latest round of funding. This…

Renewable energy start-up SOLA gets on the grid early

SOLA Group has reached commercial operation providing solar energy to Amazon Web Services (AWS) three months earlier than expected. This will fulfil the commission…

AHi puts out call for entrepreneurs, business chambers to apply for annual awards

Western Cape business organisation AHi has called for entrepreneurs and business chambers to enter its annual awards competition. The organisation will present the awards…

Luno hits 9 million customers, adds a million in 4 months

Cryptocurrency exchange platform Luno has announced it has accumulated 9 million customers with a million added in just over four months. Founded by South…

South Africa featured in Global Startup Ecosystem Report

Startup Genome has published the 2021 Global Startup Ecosystem Report (GSER) which highlights South Africa’s regional startup ecosystems. The report offers insight into startups…

DHL records 1000% growth in sub-Saharan Africa in less than 3 years

The notable red and yellow German logistics company DHL Express recently announced a massive growth milestone of 1000% within the last three years in…

uAfrica announces Kalahari, Yuppiechef, Zando among SA’s best ecommerce sites of 2014

One of Southern Africa’s leading ecommerce companies, uAfrica, today announced the winners of the six award categories highlighting the best in the online retail…

LaunchLab Pitching Den offering entrepreneurs R80k in seed funding

For the second time this year, the LaunchLab initiative is offering entrepreneurs the opportunity to pitch their ideas to win their share of R80…

uAfrica announces top 30 websites in SA ahead of eCommerce Awards

In the run-up to the 2014 South African eCommerce Conference, which will be held on 4 September in Johannesburg, uAfrica has just announced the…

Time for new financial landscape, argues SA’s online lending marketplace RainFin

Last week, Aki Kalliatakis asked what lessons startups can take from the collapse of the African Bank. Surely this could have been avoided with…

uAfrica gears up for 2014 South African eCommerce Conference

This year’s South African eCommerce Awards is just around the corner, and while the media prepares for the ninth edition of the annual event,…

Mobile business event M-Days to support SA trailblazers

German mobile business event, M-Days, is giving two South African mobile innovation trailblazers the opportunity to showcase their products on an international platform. Kicking…

Impact Report shares 3 tips for SA’s growing entrepreneurial sector

A recent Impact Report by the Aspen Network of Development Entrepreneurs (ANDE) shares stories and lessons about small and growing businesses (SGBs) in emerging…

App that lets strangers wake each other up gets $1-million investment

The weird and wonderful Russian community wake-up app that wants to change the way we start our days has just received another cash injection…

Publicis’ DigitasLBi guzzles up Liquorice

French advertising giant Publicis Groupe has acquired South Africa digital agency Liquorice through its digital-centric subsidiary Digitas LBi . According to Marklives, Liquorice will…

PayPal announces over 1 million accounts in South Africa

Global payments company PayPal announced today that it has passed the milestone of more than 1 million accounts in South Africa. This comes exactly…

Startup Weekend EDU comes to Cape Town, aims to encourage edtech innovation

A first in Africa, Startup Weekend Education (EDU) will be taking place from 5 – 7 September in Cape Town, South Africa to help…

Tech4Africa speaker Andy Hadfield: ‘Like it or not, failure is a part of startup culture’

Tech4Africa is coming to Cape Town, South Africa for the first time since it started as an annual fixture four years ago. The event…

Praekelt, SA Department of Health officially launch MomConnect service

The Praekelt Foundation, alongside Jembi Health Systems and the South African Department of Health has today launched a pioneering initiative providing mothers with pre-…

Takealot confirms 100% Superbalist acquisition

Yesterday we asked if South African ecommerce giant Takealot was on the verge of buying out curated design outfit Superbalist. The answer, as it…

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