News

Agtech can transform agriculture in Africa – FMO

Africa is ripe for increased innovation in the farming supply chain, believes Abigail Thomson, a senior advisor for capacity development at FMO, the Dutch…

8 climatetech innovators shine at UN demo day

Three climatetech start-ups from Lebanon, Egypt and Yemen won $6 000 each following a Middle East and Africa-wide hackathon presented by the Youth Climate Innovation…

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…

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…

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…

10 Must-Know Photography Tips for New Camera Owners

South Africa’s Cyber Shield Weakens: 70% of Firms Lack Basic Security Awareness

Your Couch is About to Become a Stadium: TCL’s QD-Mini LED Arrives in SA

AI in Recruitment: How Blue Pearl is Transforming Hiring for Modern Businesses

enza Secures $6.75M Seed Funding to Revolutionize African Payments

MGX’s $2 billion investment in Binance marks historic institutional backing

Acer Unleashes Beastly New Predator BiFrost and Nitro GPUs with AMD Radeon RX 9000 Series

Philips Evnia Drops Jaw-Dropping QD OLED Monitors: 240Hz, Ambiglow, and All the Good Stuff

Microsoft launches new Surface devices in new AI era

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