News

PWC report: ‘No, AI won’t steal your job’

Artificial intelligence is often associated with job loss, but the reality is that it won’t steal your job, it will transform it. This is…

Fintech innovation: Mukuru launches drive-thru service

The leading Southern African fintech Mukuru has launched a first-of-its-kind drive-thru service in Chisipite, Harare, to make financial services more accessible to people in…

AfricArena crowns top start-ups at Jo’burg summit

AfricArena, Africa’s leading start-up accelerator, has announced the winners of its Johannesburg summit. The event showcased innovative start-ups from the region, with winners in…

Apis Growth Fund II to invest €29M in digital payment provider Peach Payments for African expansion

UK-based asset manager Apis Partners LLP’s private equity fund, Apis Growth Fund II, has proposed a €29m ($31m) investment in Peach Payments, a rapidly…

Paymenow raises $14m for groundbreaking EWA platform

Paymenow, a market-leading Earned Wage Access (EWA) platform, has secured a R250 million (about $14 million) debt facility through Rand Merchant Bank (RMB), marking…

Africa’s VC industry growing slowly: $4.8b raised in 2022

Africa’s venture capital (VC) industry experienced a downturn in 2022, with only $4.8 billion raised in the continent, according to Oliver Dickson, an SAFM…

TROOP raises $11m for South Africa expansion

TROOP, the global developer of corporate meeting technology and services, announced that it has secured $11million (about R201 million) in Series B funding to…

Climate change: SA start-up explores carbon offsetting

A South Africa-founded climate fintech start-up, Curbon, is on a mission to measure the impact online shopping has on the weather. Curbon co-founder and…

Digital wellbeing: SA ranks 66th in world

South Africa might have the most affordable mobile internet in Africa, but in terms of overall digital wellbeing it ranks 66th in the world….

New academy to support African start-up founders scale

Early-stage start-ups in Africa that have already raised $2 million can now sign up for a brand-new academy launched by DAI Magister, a boutique…

MIC invests R10m in crowd-farming fintech Livestock Wealth

A crowd-farming start-up in South Africa, Livestock Wealth, has been described as the “perfect example” of the kind of business the Mineworkers Investment Company’s…

Digital identity startup iiDENTIFii raises record $15m

The South African biometrics start-up iiDENTIFii has raised $15 million growth capital. The round was led by African investment company Arise whose cornerstone investors…

Kenya, Nigeria see big increase in financial phishing attacks

Attacks in the financial sector are becoming increasingly corporate-oriented and shifting away from consumers, according to Kaspersky’s latest financial cyberthreats report. New data shows…

Sustainable energy start-ups can apply for $68k each

Women-led start-ups with sustainable energy solutions in Ghana, Malawi, Morocco, and South Africa are invited to apply for funding of up to R1.2 million…

Launch of all-women accelerator GrindstoneX celebrated

With its vision to develop the top 30 women-founded start-ups in South Africa over the next three years, Grindstone and Naspers Labs have lifted…

How Yellow increased revenue by 1 500% during pandemic

With its mission to supply solar home systems in Malawi and Uganda, the African fintech start-up Yellow grew its revenue by 1 500%, and…

#SAIS2022: Innovation Fund pays out R469m in 18 months

“Every deal makes a difference to small business because those business owners contribute more to local economies than anyone else.” This is the view…

Grindstone gives Singapore tech start-ups a leg-up in SA

Tech start-ups based in Singapore can look forward to greater access to innovation and business partnership opportunities in South Africa following the launch of…

$50m Knife Fund III to drive innovation in Africa

Standard Bank and the SA SME Fund have joined other investors in backing venture capital firm Knife Capital’s new $50 million African Series B…

i3 picks 30 African healthcare start-ups for new $7m fund

Investing in Innovation (i3), a pan-African support initiative for African health supply chain start-ups, has announced its first cohort of 30 companies. Selected start-ups…

Baobab invests $200k in 4 new African start-ups

The Baobab Network, a Nairobi-based accelerator that invests in early-stage tech companies across Africa, has announced its latest cohort of four investees, each of…

Women-only hackathon to solve ‘financial services woes’

African women have the potential to be at the leading edge of technology if they are given the opportunity, says WeThinkCode chief executive Nyari…

SA data science start-up Zindi shines at UN summit

Proudly South African start-up Zindi, a network for professional data scientists in Africa, will today lead a session at the eight edition of the…

Lenovo at MWC 2025: AI-Powered Laptops, Sustainable Concepts, and a Glimpse into the Future

Smart Tech: Turning the Tide on South Africa’s Water Crisis

Celebrating Innovation: Redmi Note 14 Post-Launch Event in South Africa

Verto Launches Global Business Award to Fuel African Startup Expansion

GITEX Africa: Shaping the Future of Tech and Positioning Africa as a Global Powerhous

Gozem Secures $30M Series B to Fuel Super App Expansion Across Francophone Africa

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

Lucid CEO becomes strategic advisor

Golf 8.5 update with lots of Life

Tariffs trump US new car affordability needs