News

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…

At 207 Mbps, Singapore has world’s fastest internet speed

Singapore has emerged as the fastest internet speed hub in the world, according to a BanklessTimes analysis. It has a median internet speed of…

Wanted: Start-ups with egg, seafood and chicken options

The ProVeg Incubator, the world’s first and leading impact-driven alt-protein accelerator, is aiming to fill food tech’s most pressing white spaces (market gaps) by…

Young employees happier, but highly financially stressed

As South Africa celebrates Youth Day, a local fintech start-up found that younger employees are generally happier at work than their older peers. In…

Start-ups can now apply for next B2B SaaS accelerator

Building on the success of its first accelerator batch, Startup Wise Guys (SWG) vows to create further momentum in the African start-up scene. Applications…

Global Startup Africa: Partnerships unlock economic growth

The inaugural Global Startup Africa Summit hosted by Wesgro, SA Tourism and the Cape Town International Convention Centre went in search of the key…

4 African start-ups shine at tech showcase in Paris

Less than two months after Senegalese logistics start-up Yobante Express was announced as the best emerging entrepreneur at AfricArena’s West African summit, it also…

GovChat to be showcased at Las Vegas tech summit

They say what happens in Vegas stays in Vegas, and so it should be – except when GovChat, an innovative citizen engagement platform, gets…

Amazon to equip SA youth with cloud computing skills

RLabs, a South African social entrepreneurship that sparked a global movement, has now partnered with Amazon Web Services (AWS) to train learners in the…

Nigerian edtech start-up Edves now in 1 300 African schools

Nigerian edtech start-up Edves has announced that its school management solution is now utilised in 1 300 schools in Nigeria, Ghana, Zimbabwe, Cameroon Rwanda,…

Wanted: women-founded start-ups to work with L’Oréal

Beauty giant L’Oréal has created the Bold Female Founders initiative, designed to support female-led startups worldwide. The initiative will be developed by the group’s…

Start-ups channel VC funding towards tech recruitment

More than half (54%) of start-up businesses who have secured private equity or venture capital funding in the past 12 months invested capital in…

Local is king: Africa’s online platforms take on Silicon Valley

From online funeral service planning to voice-based messaging, Africa’s innovators are tapping local knowledge and cultures to develop their own tech platforms, reports Kim…

E-commerce in Africa to bring in $46bn by 2025

The African e-commerce market is set to reach an annual revenue of $46.1 billion by 2025. This is according to the latest research by…

Africa Data Centres lifts veil on 30MW facility in Accra

Africa Data Centres, a carrier-neutral co-location data centre provider, has announced the building of a 30MW data centre facility in Accra, Ghana. This comes…

JASIRI welcomes new cohort for talent investor programme

The Kigali-based JASIRI Talent Investor programme has announced its second cohort of high-potential aspiring entrepreneurs from Rwanda and Kenya. Starting this month, 52 fellows…

Healthtech start-ups inspire with HIV project breakthrough

An HIV-related artificial intelligence project by two healthtech start-ups has led to a breakthrough for people in sub-Saharan Africa. This, as keeping the world’s…

Broadband Africa Forum 2024

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Trump wins – Tesla goes beyond $1 Trillion