News

Taking responsibility for using AI for good in Africa

Artificial intelligence is enriching various aspects of our business and private lives: it drives the business strategies, operations and marketing activities of our enterprises…

Recycling start-up exits the Edge Growth Action ESD Fund

A 100% black-owned recycling start-up, Mpilenhle Recycling in KwaZulu-Natal, has become another example of how growth support initiatives are integral to drive entrepreneurs to…

How small business funding has changed in 2022

Fintech company GroWise Capital, a specialist small business funder, has identified key changes in the funding industry the past year. These include application data,…

Apply now to join Accra-based MEST class of 2024

Applications are open for the 2024 cohort of the MEST training programme – a 12-month initiative physically hosted in Accra and designed to give…

Ghanaian edtech founder shines on New York billboard

The visionary founder of Ghanaian edtech social enterprise Stars From All Nations, Tom-Chris Emewulu, has been highlighted on New York Times Square among hand-picked…

Invest in resilient internet for sustainable growth in Africa

African countries have been urged to invest in building resilient internet infrastructure to tap digital opportunities and accelerate social and economic transformation on the…

Synatic Secures $2.5 Million in Seed Extension Funding

Local data automation and integration startup, Synatic, has secured an additional $2.5 million (+- R42 million) in a seed extension funding round led by…

Microsoft Founders Hub to support 10K African start-ups

The seeds Microsoft planted with the Africa Transformation Office announcement in 2021 are beginning to sprout. That commitment to growth in Africa is further…

FastConnect on Teraco to supercharge local Oracle Cloud customers

African colocation data centre and interconnection provider Teraco Data Environments will offer direct connectivity through Oracle Cloud Infrastructure (OCI) FastConnect at its Isando Campus…

Broadscale Group and Generation Investment Management take M-Kopa to $100M

Innovative Kenyan lender M-Kopa has raised $75 million in an equity funding round, bringing its total equity funding to $100 million. The Generation Investment…

Payflex and Merchant Capital partner to help small retailers unlock BNPL

South African fintechs alternative lender Merchant Capital and buy-now-pay-later (BNPL) specialist Payflex, have launched a cash advance solution that will address some of the issues…

iiDENTIFii cracks nod for JSE Enterprise Acceleration Programme

Remote biometric digital facial authentication and automated onboarding technology start-up iiDENTIFii has secured a coveted spot in the JSE Enterprise Acceleration Programme. The company…

Newly formed PAGG wants to empower a billion African gamers

Ten African game studios have come together at Africa Games Week 2022 in Cape Town to announce a new initiative to grow the continent’s…

Clickatell secures $91M in oversubscribed Series C funding round

Chat commerce company Clickatell has secured $91 million in a Series C funding round led by Arrowroot Capital, with participation from Kennedy Lewis Investment…

Lipa secures R10M financing from Imvelo Ventures

South African-based fintech start-up Lipa Payments has secured a R10 million investment from Empowerment Capital’s Imvelo Ventures, which is backed by Capitec Bank. The…

Fintech unlocks digital potential of Krugerrands

South African Fintech Troygold allows Kruger rand owners to upload and digitise their physical assets and then use it for transactions and finances. Customers…

HyperionDev and UCT partner to teach lawyers to code

Artificial intelligence and machine learning are existential threats to the law profession. In 2016 a famous Deloitte report predicted that 114 000 legal jobs…

Ozow and Zapper partnership shows FinTech collaboration

Cash is over. If you aren’t going digital and contactless, you aren’t moving Mzansi’s rands. It’s this shift in behaviour – accelerated by the…

Global Wealth Group unlocks real estate opportunities with FinTech

In 2020 the global real estate market was valued at over $320 trillion, making property worth almost four times the global gross domestic product….

Stitch raises $21M in Spruce House led Series A

South African fintech API Stitch closed a $21 million Series A funding round that drew participation from The Spruce House Partnership, PayPal Ventures and…

Google supports South African start-ups, SMMEs and NPOs to help economic recovery

Google for South Africa unpacked its support for startups, SMMEs and nonprofits in a bid to accelerate digital transformation and help South Africa’s economy…

Broadband Africa Forum 2024

South Africa’s Deskless Workers: A Workforce Under Strain

How AI is Rewriting Urban Planning in Developing Regions

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

Jaguar rebranding creative is crazy – good?

German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion