News

Vodacom Launches First SME Summit to Empower South African Small Businesses

Telecommunications leader Vodacom has unveiled a pioneering initiative, the inaugural Small and Medium-sized Enterprise (SME) Summit, titled #SMEThriveSummit. This strategic endeavor is designed to…

Uber Eats Partners with African Management Institute to Enhance South Africa’s Restaurant Industry

In a strategic move that underscores its commitment to the growth and sustainability of South Africa’s restaurant sector, Uber Eats has unveiled a groundbreaking…

AfricArena unveils stellar line-up for Nairobi summit

The stage is set for a start-up tour de force as the AfricArena Nairobi Summit unveiled a line-up of esteemed speakers who are poised…

Screan accelerates gig economy with online used car sales

In South Africa’s bustling gig economy, a transformative wave is gaining momentum, led by pioneering technology start-ups like Screan. This digital platform orchestrates seamless…

Moove secures $76m funding to drive global expansion

Moove, the ground-breaking mobility global fintech, has announced a substantial infusion of $76 million in new funding, a testament to its mission of revolutionizing…

Could private equity on the African continent do better?

Bryan Turner, partner at Spear Capital, reimagines the trajectory of African private equity. He uncovers the challenges, seizes the opportunities, and explores innovative strategies that…

Knife Capital: $50m Series B fund triumphs

In a significant development for African innovation, Knife Capital has successfully concluded the final close of its $50 million African Series B expansion fund,…

Taxing mobile money hampers financial inclusion in Africa

Mobile money services have been instrumental in driving financial inclusion across Africa. However, taxation policies imposed by governments could have unintended consequences on the…

Start-up survival metrics: Butkow’s top tips

Kalon Ventures chief executive Clive Butkow urged start-up founders to fully understand six survival metrics: cash runway, customer acquisition cost, gross margin, net burn,…

Exit plan for start-ups: ‘Global thinking, local start’

“You have to think global from day one,” urged Zachariah George during AfricArena’s Johannesburg summit earlier this week. Participating in a panel discussion on…

Africa’s Kubik and Emata win Global Startup Awards

Two African start-ups have been recognised as global winners of the 2022 Global Startup Awards. The competition is the world’s largest independent start-up competition…

Akili Labs, BGI Genomics bring clinical sequencing to Africa

Akili Labs and BGI Genomics have signed a technology transfer agreement to provide southern Africa with clinical-grade sequencing solutions. This development will improve the…

Finverity raises $5m to bridge global trade finance gap

London-based digital ecosystem for trade and supply chain finance, Finverity, raised $5 million in an oversubscribed equity funding round from both new and current…

Funding gap: Africa is rich with women entrepreneurs, but…

Despite being the continent with the highest proportion of women entrepreneurs globally, African women receive less than 7% of all venture capital investment. Jessica…

Savvy awards 3 impact-driven start-up founders

The 2023 Savvy prize for impact-driven entrepreneurs has come to a close, and three winners have been selected out of over 3 000 applications…

AWS announces funding boost for women founders in Africa

Tiffany Johnson, the global business development manager at AWS Startups, this afternoon launched the new Fem-Tech Startup Innovation Challenge aimed at empowering women founders…

Ramp secures $5m for game-changing forecasts

Ramp, a global decision science start-up with its head office in the United Kingdom, has closed a $5 million seed funding round. The company…

ABC Fund invests $4.5m in African agri-businesses

The Agri-Business Capital Fund (“ABC Fund”) has made a significant investment in the agri-tech industry across Africa, totaling €4.21 million (about $4.5 million). It…

These trends are shaping global payment processing

As the world moves towards a cashless society, the global payment processing industry is undergoing rapid changes. From the adoption of new technologies to…

Kora launches new USD card-acquiring product in Africa

Pan-African payments infrastructure, Kora, has launched USD card-acquiring to allow merchants on its platform to accept payments in US dollars. This move is aimed…

Fez Delivery raises $1m to revolutionise delivery in Nigeria

Fez Delivery, a Nigerian logistics and delivery start-up, has announced a $1 million seed round of funding, led by Ventures Platform. The funding round…

Côte d’Ivoire unveils Startup Act to boost tech sector

The Ivorian government is ramping up its efforts to support tech start-ups with the launch of the Startup Act, a new framework designed to…

Yellow powers Africa expansion with Series B equity round

Yellow, a company that provides affordable and reliable energy and internet connectivity in Africa, has announced the successful first close of its Series B…

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