Regions

InfraCo expands e-mobility interests with Zembo investment

Private Infrastructure Development Group (PIDG) company InfraCo Africa, together with a consortium including Dutch private equity firm DOB Equity and Toyota Tsusho’s VC facility Mobility 54, has signed…

BriteGaze joins Enza Capital in $1m Craydel pre-seed

Enza Capital led an early-stage investment round for Kenyan edtech start-up Craydel. The pre-seed round also attracted Reshaad Sha’s AI investment fund BriteGaze, along…

Tanzania M-Pesa users share in R33.8m profits

Vodacom Tanzania Plc disbursed profit accumulated on associated Trust Accounts to its over 10 million M-Pesa users, with subscribers receiving their share by 31…

Ghanaian health start-up mPharma enters Uganda through Vine acquisition

Accra-based mPharma has disclosed its acquisition of a controlling stake in major Ugandan pharmacy chain Vine Pharmacy. The 55% share was previously held by…

Vendease raises $3.2m to transform Africa’s restaurant supply chain

Nigerian-based AgriFood-tech start-up Vendease delivered approximately 100 000 tons of food to restaurants in September 2021, hitting a $12.9 million transaction volume. The recently…

Solar startup Sun Exchange secures $2.5 million investment

SA startup Sun Exchange has secured $2.5 million in convertible note financing to continue to scale its solar leasing platform. The startup secured the…

South Africa featured in Global Startup Ecosystem Report

Startup Genome has published the 2021 Global Startup Ecosystem Report (GSER) which highlights South Africa’s regional startup ecosystems. The report offers insight into startups…

Applications for African startup E-Track Programme now open

The E-Track Programme, run by the UCT Graduate School of Business (GSB), is looking for applicants for its fifth cohort of African startups. Applications…

Payment company Zip to acquire Johannesburg fintech Payflex

Australian payment company Zip has announced it will acquire South African Buy-Now Pay-Later (BNPL) fintech service PayFlex. The acquisition will see Zip grow the…

To create jobs, SA needs a tech-enablement bridge (we need Domino’s, not Google) [Opinion]

No matter your politics, everyone in South Africa can agree that we need more jobs and that we need to create more jobs now….

Startup partners with Telkom to launch translation platform for SA languages

Telkom has partnered with South African startup Enlabeler to launch an AI platform that translates speech into text and provides transcription services for local…

African global business services sector to grow to $19.8 billion by 2023 – research

A new report by market researcher Knowledge Executive shows Africa’s Global Business Services (GBS) is expected to grow to nearly $20 billion by 2023….

Fairwork Project puts out call for Pledge supporters

The Fairwork Project has called on South African companies to pledge their support for fair labour practices in the gig economy. Announced on 30…

Nigerian startup Sabi reaches 150 000 small businesses, $1.2 billion in sales

Lagos-based startup Sabi has announced it has hit the milestone of over 150 000 small business users on its marketplace platform. Developed and operated…

Fintech Black Pay partners with Ithala Bank to fund KZN entrepreneurs, community

Fintech Black Pay and Durban-based Ithala SOC Limited have partnered to offer R250 million for township and rural development. The partnership will see the…

SAIS project puts out call for startups for investment programme

The ‘Scaling Digital Agriculture Innovations through Start-ups’ (SAIS) project has called for startups to apply for its Investment Readiness Programme. Applications for the programme…

South Africa is at risk of a virtual brain drain [Opinion]

There is no doubt that the pandemic has accelerated digital transformation and put software developers high up on the hiring list but it has…

Local lithium-ion battery manufacturer I-G3N secures R20m investment

South African battery manufacturer I-G3N has secured R20 million in investment to help the company grow and promote renewable energy on the continent. The…

Moove raises $23 million in Series A funding round

Sub-Saharan mobility and vehicle finance company Moove has announced it has raised $23 million (R341 million) in a Series A funding round. The latest…

Joburg startup investment platform Merge partners with 100 VCs

Johannesburg-based startup investment platform Merge has announced that it has partnered with 100 Venture Capital (VC) investors since early 2021. The company’s number of…

Convergence Partners close Digital Infrastructure Fund at $120m

Private equity investor Convergence Partners has announced it has successfully closed its Digital Infrastructure Fund (CPDIF) at $120 million. The firm specialises in investment…

SA payments platform Yoco raises $83m in funding

South African payments platform Yoco has announced that its Series C round of funding has raised $83 million — or R1.2 billion — for…

Venture capital continues to grow in South Africa – survey

A survey of the venture capital industry in South Africa has shown 122 local startups received a record R1.39 billion from investors during 2020….

Someone has already spent over R100k in one Black Friday purchase

Department of Health wants South Africans to sign up to be ‘Vax Champs’

You can now access Pick n Pay customer support on WhatsApp

Join DJ Sbu and Crypto University for interactive workshop

How SMMEs can leverage fintech to get a leg up

Engen Convoy Fund investment unlocks opportunities for DKN Transport

HUAWEI nova 9 smartphone and HUAWEI MateView GT monitor launch in South Africa

TCL QLED 4K C725 TV now available in South Africa: price and details

Join the OPPO family with these Black Friday smartphone deals [Sponsored]

Peugeot’s double-cab bakkie lands in South Africa

Land Rover introduces Defender with V8 engine to South Africa: Price and details

Road test: Renault Kiger 1.0 Turbo Intens