News

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…

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…

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…

Skillsoft acquires edtech rival, Codecademy, for US$525 million

Skillsoft, the American educational technology company that provides enterprise learning solutions, has entered into a definitive agreement to acquire Codecademy, a leading online learning…

Global Innovation Fund invests R7m to bridge South Africa’s digital divide

The Global Innovation Fund (GIF) has invested $460 000 in Isizwe, a South African internet service provider that promotes access for low-income communities. For…

Alithea IDF announces largest gender-inclusive private equity fund in Africa

Africa’s first women-led and women-focused private equity fund, Alitheia IDF (AIF), has announced the final close of the $100 million (R1 552 898 000,00)…

TCL South Africa Unveils 2025 Mini LED TV Range with Wide Viewing Angles

RIP Skype Microsoft Pulls the Plug on a Digital Pioneer

SITA pushes back as Home Affairs eyes IT exit

EmpowaEntrepreneurs 2025 Targets Africa’s High-Growth Founders and Investors

French No-Code Pioneer Tinkso Secures Strategic Investment from SA Entrepreneur Henk Pretorius

IBM Think 2025: Enterprise Gen AI Moves Beyond the Hype

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

Slate Truck is an outrageously sensible pickup

Red Bull wings for Lucid – not Tesla

Gravity is a true driver’s EV SUV