News

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…

Startwise wins National Start-up Champion award

A South African virtual, on-demand consulting platform for smallbusiness owners, Startwise, won the prestigious National Startup Champion award at the NSBC Small Business Awards…

Bootcamp to Boardroom kicks off with 17 start-up founders

“Imagine the impact on unemployment if every sole proprietor or small business in South Africa could hire just one person.” This is the challenge…

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…

Lipa Later gains $12m funding to expand credit footprint in Africa

Odyssey Capital’s flexible payment fintech start-up Lipa Later closed a $12 million pre-Series A funding round that will help it expand its service into…

mPharma draws Lux Capital into historic African investment

Ghanaian pharmacy and healthtech start-up mPharma raised $35 million in a successful Series D funding round that drew participation from JAM Fund, Unbound and,…

Early-stage VC Fifty Years leads $1.1m HealthLeap pre-seed

South African healthtech start-up HealthLeap closed a successful $1.1 million pre-seed funding round led by deep tech investor Fifty Years. The firm is renowned…

MultiChoice connects South African SMMEs with global start-up investment community

MultiChoice Group, the African entertainment company that operates DStv, has shortlisted six start-up and scaling businesses that will be progressing to the final leg…

Applications now open for health focused accelerator in Africa

The Making More Health (MMH) accelerator, organised by Ashoka, is currently in its fourth year and aims to unlock the potential for growth, impact,…

Bfree raises $1.7m to expand operations

Nigerian ethical credit management FinTech start-up Bfree closed a successful pre-Series A funding round that will power its further expansion into Asia, Europe and…

DeFi platform Goldfinch raises $25m to continue emerging market lending

Andreessen Horowitz (a16z crypto) led a $25 million funding round that will help Goldfinch continue to offer uncollateralised DeFi loans to businesses in emerging…

Digital Realty to acquire majority stake in Teraco

Teraco Data Environments has announced that San Francisco based Digital Realty has entered into an agreement to acquire a majority stake in Teraco from a…

Adapt IT acquired by Volaris and delists from JSE

South African software company, Adapt IT Holdings Limited (“Adapt IT”), has been acquired by Volaris Group Inc. (Volaris) for R7 per Adapt IT share…

African entrepreneurs can now apply for $5000 seed capital

African entrepreneurs with business ideas or existing businesses under 5 years, are encouraged to apply now for $5000 seed capital, mentorship, business management training…

Global Trends In Startup Sub-Sectors

The COVID-19 pandemic has impacted the world in various ways and created shifts in some technology startup sub-sectors. It revived several that were previously…

Action Plan for Gauteng to support innovation is underway

Innovation and entrepreneurship have been identified as key drivers of the South African economy, but challenges such as lack of funding, talent, skills and…

Altaeros partners with World Mobile to raise blockchain network to the sky

World Mobile, the first mobile network built on blockchain and run by the people, partners with Altaeros, developers of the world’s first autonomous aerostats,…

Local Proptech and digitalisation company expands to UK

After 21 successful years in the South African PropTech industry, digitalisation specialist e4 is expanding into European markets. Having recently launched a new group…

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