News

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…

Alternative fund managers turn to outsourcing

Alternative fund managers are increasingly outsourcing their fund administration services to third-party providers, with 96% planning to utilise external support over the next three…

Unlocking prosperity: Africa embraces digital payments

Africa, long reliant on cash transactions, is undergoing a transformative shift towards digital payments. According to insights shared by Joel Bronkowski, country lead…

Skrmiish appoints physicist as new head of data

Skrmiish, the world’s first app that allows gamers to monetise their matches, has announced the appointment of Dr João Pela as its new head…

DePoly raises $13.8m, aims to revolutionise plastic recycling

The plastic pollution problem has met a formidable foe in DePoly, a deep tech company that is using its unique chemical recycling process to…

GEC+ Africa: Registration opens for 2024 congress

The Global Entrepreneurship Congress (GEC+ Africa), forum for African entrepreneurs, celebrated a significant milestone with the launch of its Local Organising Committee (LOC), paving…

EiA Centre: New nexus of EU-Africa innovation

In a move marking a significant milestone for cross-continental technological cooperation, Cape Town played host to the grand inauguration of the ENRICH in Africa…

Youth Unemployment in South Africa: The Role of the BPO Industry in Creating Opportunities

South Africa is grappling with a pressing issue: soaring youth unemployment rates. Currently standing at a staggering 62.1%, youth unemployment in the country surpasses…

InfoDocs: Start-up streamlines CIPC requirements

In a startling revelation, the Companies and Intellectual Property Commission (CIPC) reports that an overwhelming 72% of registered companies in South Africa fail to…

African start-ups secure $4m boost from Black Founders Fund

Google for Startups (GfS) has announced the 25 African-based start-ups selected to receive funding from this year’s $4 million Black Founders Fund. The initiative…

Bash disrupts fashion: TFG’s shopping platform dominates SA

South Africa’s fashion retail scene has experienced a seismic shift with the introduction of TFG’s innovative fashion and lifestyle shopping platform, Bash. Since its…

Sabinet and Afriwise unite for African legal access

Sabinet, a leading provider of legal, regulatory, and scholarly information, has teamed up with Afriwise, a pioneering legal-tech company, to revolutionise the accessibility and…

Nigerian foodtech start-up Vendease honoured by WEF

Vendease, a Nigerian foodtech start-up, has been awarded as a 2023 Technology Pioneer by the World Economic Forum (WEF). The WEF’s prestigious annual list…

Alternative funds expect surge in pension inflows

A new study conducted by Ocorian, a global leader in entity administration and alternative fund services, reveals that alternative fund managers are anticipating a…

Africa REN secures $35 for Senegalese storage project

Africa REN, a leading renewables project developer in West Africa, has achieved a significant milestone with the successful financing of its ground-breaking Walo storage…

Flutterwave teams up with Azure for seamless payments

Flutterwave, a leading African payments technology company, has announced a strategic partnership with Microsoft to develop its next-generation payments platform on Microsoft Azure. This…

Epica Awards introduces AI juror in creative experiment

In a nod to the rapid advancements in artificial intelligence (AI) globally, the Epica Awards, a renowned creative industry prize in South Africa, has…

Yellow secures $14m for African solar finance

Yellow, a ground-breaking tech start-up focused on off-grid solar asset finance in Africa, has successfully closed its Series B funding round, raising $14 million….

Senegal tops African countries in cybersecurity – Indusface

Recent research conducted by cybersecurity firm Indusface has revealed that Senegal has emerged as the most cyber-secure African country for businesses to allow their…

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