News

Africa provides fertile ground for innovative technology

Everyone is on the lookout for the next big innovator and the latest technological breakthroughs that are set to revolutionise and redefine industries, organisations,…

Huawei Pushes for Africa’s Energy Transition with Solar PV and Green Solutions at Solar Power Africa Conference

Huawei demonstrated its dedication to Africa’s energy transition at the Solar Power Africa Conference, showcasing its solar PV and green home and business solutions….

7 start-ups get $385k to develop blue economy solutions

Climate resilience venture launcher Triggering Exponential Climate Action (TECA) has announced the selection of seven startups to each receive $55 000 in funding to…

Lula: New SME banking platform has liftoff

Small and medium-sized businesses in South Africa can look forward to a new banking platform called Lula which was specifically built for their needs….

Partech Africa II reaches first close at whopping $262m

Global technology investment firm Partech announced the first closing of Partech Africa II at €245 million (about $262 million) – already above the target…

Insurtech booms on back of fintech success story

Marius Botha Group CEO of aYo Holdings, talks about the fintech boom in Africa off the back of the latest Africa Investment Report by…

Vantage announces final close of 4th mezzanine fund

Vantage Capital, Africa’s largest mezzanine fund manager, announced the final close on its fourth mezzanine fund. A total of $377 million of commitments has…

Papa’s story: finding purpose in open source community

How do a university student in South Africa, an old laptop in the Netherlands, and a technology partner in Italy come together? Through the…

Amazon to hit SA: Here’s how local businesses can compete

“The best way for small businesses to differentiate themselves from the convenient-but-impersonal experience of Amazon is to offer a personalised service – and build…

YuLife raises $120M in Series C funding round

YuLife, the tech-driven insurance company on a mission to inspire people to live their best lives, today announced that it has raised $120M (~£95M) in a Series C led by Dai-ichi Life…

DISF invites ‘cutting-edge tech’ to apply for 800k grants

Applications are now open for the Design Innovation Seed Fund (DISF) – designers, inventors, entrepreneurs and product developers with pre-revenue innovations can apply for…

Algorithms for social good: tech enables future of mobility

Traditional approaches to credit scoring mean that millions of working South Africans are denied fair access to vehicle financing – in turn, depriving them…

11 African start-ups shine at Telecel demo day in Dakar

While the global tech ecosystem experiences a funding regression, African tech start-ups raised more than double what they did last year. The success of…

Fintech boom: African start-ups going from zero to hero

At the end of 2021, Africa saw close to $5 billion invested in tech start-ups. Fintech, especially, has seen one of the largest expansions with $2…

Digital Pods can be game-changer for youth unemployment

Mindworx, a South African technology-focused digital talent and solutions agency, has launched its Digital Pods, which it believes solve the corporate skills challenge while…

realme and Jumia to boost smartphone adoption in Africa

With a global user base of more than 85 million, the world’s fastest-growing smartphone brand, realme, could be set for rapid expansion across Africa…

Nature-positive start-ups are good for business – new report

Financial institutions could benefit by adjusting their investment strategies towards start-ups that protect and grow nature. This is the finding of a first-of-its-kind analysis…

SA digital news start-up shines in Africa’s top media awards

After winning 11 global media awards in the last three years, a South African digital news start-up, Food For Mzansi, has also received three…

Africa’s Business Heroes: Hurry to enter $1.5m competition

Entrepreneurs and small business owners across Africa have until Wednesday, 6 July to apply for Africa’s Business Heroes (ABH), a bold call to the…

Jasiri now recruiting 55 more aspiring African entrepreneurs

In an exciting development to boost its East African expansion, the Jasiri Talent Investor programme has included Ethiopia along with Rwanda and Kenya in…

mPharma lifts veil on continent-wide data-driven insights platform

Pan-African healthcare technology company mPharma has launched Facility Insights, a new customer-centric product on Bloom, its proprietary data management and pharmacy transformation tool. This…

SHiP Copper uses tech to clean up mining’s ‘dirty reputation’

Technology and innovation holds the potential to clean up the dirty reputation of mining, believes Shirley Hayes, chief executive of SHiP Copper, a South…

Africa’s first global blockchain bank hits 100k users

Billed as the first global blockchain bank out of Africa, Xend Finance has just clocked 100 000 users on its savings platform while further…

Broadband Africa Forum 2024

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German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion