News

Unlocking Growth: Convergence Partners’ Bold Move with Datacentrix Group

In a move that promises to redefine the digital infrastructure landscape, Convergence Partners has officially taken the reins of Datacentrix Group through its Digital…

Critical Infrastructure Blackouts Top South Africa Business Risk for 2024

South Africa’s businesses are facing a major risk in 2024: critical infrastructure blackouts. According to the Allianz Risk Barometer, this threat has topped the…

Saudi-listed ACWA Power signs agreement for hybrid renewable energy

Minister of Minieral Resources and Energy Gwede Mantaashe has signed the implementation agreement, meaning Saudi listed ACWA Power Project, a water desalination company has…

MTN launches skills academy to bridge digital skills gap

MTN launched the MTN Skills Academy to equip South African youth while bridging the digital skills gap. Providing a range of courses and training…

Amgen forges ahead with generative AI to expedite advanced therapies

California-based biotechnology pioneer Amgen has announced an expanded collaboration with Amazon Web Services (AWS) to utilise generative artificial intelligence in streamlining the discovery, development…

Vodacom strengthens Mpumalanga network with R450 million investment

Vodacom is making major moves to improve connectivity in South Africa’s Mpumalanga province. The telecoms giant recently announced plans to invest over R450 million…

AWS supercharges Amazon Bedrock

At AWS re:Invent this week, Amazon Web Services (AWS) unveiled major upgrades to Amazon Bedrock, its fully managed platform for building and deploying generative…

Sanari Capital soars with R1.25b investment boost

In a monumental step towards fostering economic growth and employment opportunities in South Africa and beyond, Sanari Capital, a leading women-led and majority black-…

Nigeria’s ThriveAgric to financially empower 125 000 farmers

ThriveAgric, an agritech start-up based in Nigeria, in partnership with Heifer International, has unveiled its AYuTe (“agriculture, youth and technology”) project. It is set…

Baobab Network to invest in 1 000 African tech start-ups

In a bold move to fortify Africa’s burgeoning tech landscape, Baobab Network, a pioneering early-stage investor and accelerator, has announced its ambition to invest…

Peach Payments Secures US$30M Funding Deal

Baobab Payments GmbH, trading as Peach Payments, has successfully concluded a €29 million / US$30 million funding round. This round, which was initially announced…

African fintechs vie for $50k prize in Ecobank challenge

The African fintech industry is abuzz with excitement as the grand finale of the 2023 Ecobank Fintech Challenge approaches, set to take place at…

Global expansion: Stitch secures $25m Series A extension

Leading payments infrastructure company Stitch has successfully closed a $25 million Series A extension round, spearheaded by Ribbit Capital. This funding infusion, alongside continued…

P1 Ventures secures $25m for African start-ups

P1 Ventures, the Pan-African Seed VC fund, has successfully closed the first round of funding for its second fund, totalling $25 million. Founded in…

Omnisient recognised as Data for Society finalist

Omnisient, the Cape Town-based privacy-preserving data collaboration platform, emerged as a finalist for the esteemed Data for Society category at the DataIQ awards held…

CIPC extends deadline for beneficial ownership compliance

South African companies and entities breathed a sigh of relief as the deadline for submitting beneficial ownership information to the Companies and Intellectual Property…

Emerging markets: LCPs shake up small business finance

Small businesses in emerging markets have long been recognised as crucial drivers of inclusive growth and resilience in the face of economic challenges. However,…

Collective responsibility: SA venture builder’s legacy

Mitchan Adams, the founder and CEO of Aions Creative Technology, firmly believes that heritage is not solely about the past; it’s equally about shaping…

Zambian neo-bank Lupiya raises $8.25m in Series A round

Lupiya, a trailblazing neo-bank in Zambia, has achieved a significant milestone by securing $8.25 million in Series A funding. This fundraising endeavour was…

AfricArena’s Tunis summit to spotlight start-up resurgence

In the heart of Tunisia, a groundswell of excitement is building as the nation gears up to host the AfricArena Tunis Summit, set to…

Flapmax & Microsoft launch FA23 cohort for African start-ups

In a move to boost Africa’s digital economy, Flapmax, a pioneering data and AI technology company, has unveiled the 12 companies selected for the…

Complete Farmer raises $10.4m to shake up African agriculture

In a significant milestone for African agriculture, Complete Farmer, a Ghanaian agritech start-up, has raised $10.4 million in a Pre-Series A funding round. The…

Grindstone and Anza unite to host ‘African showcase’

Two prominent early-stage venture capital firms, Grindstone Ventures and Anza Capital, have joined forces to curate a week-long series of events aimed at putting…

The Great Smartphone Showdown: A Decade of Samsung vs. Apple

Samsung Brings Irregular Heart Rhythm Notification and Sleep Apnea Features to Galaxy Watch in South Africa

How Lyra and Courtne Marland are shaping communication with AI

Is the HONOR X9C the Right Smartphone for Startups and Entrepreneurs?

ALX South Africa Expands Digital Training as PYEI Report Highlights Youth Job Growth