News

ENRICH in Africa lifts veil on new Cape Town centre

African and European incubators and accelerators are set to benefit from the new ENRICH in Africa (EiA) Centre in Cape Town, South Africa. The…

Go Fetch! brings on-demand delivery to pet owners

No more late-light dashes to the petrol station or the neighbours for dog food. A South African retailer, Absolute Pets, has lifted the veil…

Lessons for launching an African fintech in 2023

Anyone looking to launch an African start-up in 2023 must be sorely tempted to do so in the fintech space – provided they have…

TymeBank acquires fintech SME funder Retail Capital

South Africa’s fastest growing digital bank, TymeBank, which is set to reach the six-million customer mark this month, announced that its acquisition of Retail…

Ashanti prince to open P3-USAS in Washington D.C.

Oheneba Yaw Otchere, a member of Ghana’s Ashanti royal family and Global Incorporated Group chief executive, will kick off the P3 United States-Africa Summit…

Seedstars launches programme for women-led startups

The Seedstars Enhancing Women Entrepreneurship in Africa (EWEA) programme is calling for women-led small to medium enterprises as well as community enablers and entrepreneurship…

Pitfalls to avoid for progression in a tech career

The progression journey within tech is fraught with challenges, argues Trevor Sumner, head of engineering at GPP. He says you start your career overwhelmed…

CT edtech startup wants to reach 1M kids and solve Africa’s tech job skills crisis

Mindjoy, the Cape Town-based edtech startup that’s for kids, aims to help one million children discover their superpowers through coding. Founded by Gabi Immelman…

Follow-on investment gives Carscan license to disrupt.

Augmented reality start-up Carscan closed a successful follow-on funding round that drew over $1 million in capital investment from Kalon Venture Partners, Allan Gray…

Cybersecurity is the top business risk in 2022

Cyber security concerns top the global Allianz Risk Barometer for only the second time in the survey’s history. Responders in South Africa, its continental…

Crime soars in security marketplace Aura’s inaugural report

AURA, South Africa’s leading security and medical response marketplace has released its inaugural Crime Trend Report, providing new and unique insight into South Africa’s…

Kenyan fintech Ubawa secures $350K seed funding

Ubawa Technologies, 2021 African Start-up Awards Start-up of the Year winners for Kenya, has secured $350 000 in seed funding from Nigerian VC Platform…

AFEX opens second round of funding series to strengthen Nigeria’s agriculture sector

AFEX has announced the reopening of its $240m (₦100bn) Asset-Backed Commercial Paper (ABCP) to help stabilise Nigeria’s agriculture sector by offering Agro-processors low-cost financing to…

Crypto bucks rising financial crime trend

Reported fraud across the financial services industry in Africa has spiked, particularly in South Africa. However, while financial crime is on the rise, there…

South African fintech raises R47M funding in Series A

TallOrder, the South African fintech developer of cloud-based point of sale (POS) solutions for the small and medium-sized enterprise (SME) market, has raised R47m…

Alpha Intelligence Capital leads $100M InstaDeep Series B

Tunisian artificial intelligence start-up InstaDeep announced that it raised $100 million and closed a successful Series B funding round led by Alpha Intelligence Capital…

Cybersecurity firm Performanta teams up with innovative EdTech NGO to grow skills

In a bid to promote skills that enable Africa’s digital future, South African founded cybersecurity firm Performanta has partnered with skills development NGO Infinite…

Recruitment AI start-up Job Crystal is here to help SMEs

Job Crystal, a women-led, South African recruitment website offering online solutions since 2015, has announced the launch of a world-first, AI-powered tool. CRYSTAL uses machine…

Local delivery-as-a-service company raises R70M

Orderin, South Africa’s Delivery-as-a-Service (DaaS) business which currently provides delivery services for the likes of McDonald’s and Pick n Pay, has raised $4.7 million…

WEF stresses need for investment in African tech start-ups

The World Economic Forum’s latest report, Attracting Investment and Accelerating Adoption for the Fourth Industrial Revolution in Africa analyses the challenges Africa faces in…

Carry1st funding round brings a16z investment to Africa

Africa’s leading mobile games publisher Carry1st announced a $20 million Series A extension that drew participation from Andreesen Horowitz (a16z), Avenir and Google. Grammy…

Shell Foundation’s EEGF receives $13M injection to accelerate access to clean energy in Sub-Saharan Africa

Energy Entrepreneurs Growth Fund (EEGF) — founded in 2019 by the Shell Foundation and co-funded with UK aid from the UK government and FMO,…

Accelerators helping women-led startups in emerging markets can win up to $25,000 in IFC ScaleX initiative

International Finance Corporation (IFC) and Women Entrepreneurs Finance Initiative (We-Fi) have launched a call for applications for the IFC ScaleX, a performance-based initiative that will…

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