News

Tshimologong empowers youth in gaming and animation

Tshimologong Digital Innovation Precinct in Johannesburg is making waves in the tech industry by empowering South African youth to excel in the global video…

Eze raises $3.7m to revolutionise African electronics market

Eze, the leading B2B wholesale marketplace for used and new electronics, has successfully raised $3.7 million in seed funding to drive its expansion plans…

Nigeria cash crisis paves way for digital payment providers

Cash shortages in Nigeria have fuelled a surge in digital payments, with fintech companies playing a pivotal role in meeting the rising demand. Mxolisi…

Maltento secures $3.3m to grow insect-based feed solutions

Maltento, a company dedicated to unlocking the functional compounds of insect-based feed solutions, has recently concluded a capital raise of $3.3 million with Sand…

Dawi Clinics secures $8m for expansion in Egypt

Dawi Clinics, the largest chain of outpatient care in Egypt, has raised EGP 250 million (about $8 million) in funding to support the expansion…

Viva AfricArena: African innovation, French investment

The clock is ticking for technology enthusiasts and investors looking to be a part of the highly anticipated Viva AfricArena Summit. With just three…

Telkom FutureMakers joins I’M IN for ideation programme

I’M IN entrepreneurial programme, a leading platform for aspiring entrepreneurs, has announced a new collaboration with Telkom FutureMakers, adding another esteemed funder to its…

Oikocredit invests $5m in Yellow to grow solar energy market

The African fintech start-up Yellow, a supplier of pay-as-you-go off-grid solar solutions and appliances, says a $5-million loan from social impact investor Oikocredit enables…

Superapp mentality drives large enterprise success in Africa

One in three people globally are now superapp users, with more than 90% of these consumers motivated by convenience. Ayoba, Gozem, M-Pesa, Opay and…

Lulalend secures $35m to scale its lending business

In an arid investment landscape, Lulalend, a South Africa-based digital lender catering to underserved small and medium-sized enterprises (SMEs), has finalised a transformational $35…

DPO Pay scoops Fintech Discovery of the Year award

Leading African digital payments company DPO Pay won the Fintech Discovery of the Year award in the 2022 Ghana Fintech Awards. The competition is…

$1m grant to drive electric mobility shift in 7 African countries

Following a $1-million technical assistance grant to the Green Mobility Facility for Africa (GMFA), the continent will further pave the way for the development…

Trends: What to expect from machine learning in 2023

The leap Artificial Intelligence (AI) has made is expected to boost the digital transformation of businesses while disrupting various industries. Helm head of engineering…

Grindstone X announces top 10 women entrepreneurs

Grindstone, in partnership with Naspers Labs announced the first 10 women entrepreneurs to benefit from its entrepreneur accelerator programme, GrindstoneX. GrindstoneX was formally launched…

Banks, fintechs should collaborate to drive financial inclusion

Retail banking in South Africa is increasingly competitive, with fintechs, neobanks and digital players disrupting the banking value chain with new and emerging technologies….

14 start-ups to pitch live at Africa Tech Summit

A Nigerian legaltech is among the 14 start-ups announced to pitch live at the upcoming Africa Tech Summit in Nairobi, Kenya. Earlier today, organisers…

Private equity firm raises $296m to drive digital inclusion

Convergence Partners, a leading private equity investor dedicated to the technology sector across sub-Saharan Africa, closed its Convergence Partners Digital Infrastructure Fund (CPDIF) at…

SA company embarks on four-day work week – with full pay

Exhaustion, burnout and illness seem to be the trademark of modern working life. But what if companies could “cure” employees by giving them more…

Africa set to be next global technology hub, say experts

It’s no secret that technology across Africa is burgeoning at unprecedented rates. Homegrown innovations that speak to socio-economic bottlenecks are plenty due to increased…

Climatetech is about more than just saving the planet’

Investing in climatetech is critical to the future – not only of South Africa but the world as a whole, argues Matthew Cruise, head…

SA private equity firm partners with Irish-based fund

Innov8 Group Holdings, a South African private equity firm focused on bringing innovative technologies to the African medical industry through its investments, announced its…

Healthtech can learn from Africa’s fintech revolution

Founders Factory Africa chief executive Bongani Sithole looks at what the healthtech industry can learn from Africa’s fintech revolution. Covid-19 had a profound impact…

Blockchain to rebuild African financial system, says Putter

Africa has an enormous cash and informal trade economy, however, at the root of many challenges that Africa currently faces is financial exclusion. An…

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