Africa

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…

Architect of Kenya’s Silicon Savannah hits out at delays at Konza Techno City

Progress on Kenya’s Konza Techno City, dubbed “Silicon Savannah”, has been too slow while insufficient budget has been allocated to complete the initiative, says Bitange Ndemo,…

Nigerian accelerator opens applications for residencies to female entrepreneurs

Applications are now open for the 2017 She Leads Africa (SLA) accelerator, a three-month programme designed to identify, support and fund the next generation of…

Investors are a driving force in shaping Africa’s entrepreneurial ecosystem

If we look at the startup landscape in Africa (and read the press) it is clear that fintech is one of the fastest growing…

‘Nigeria’s high cost of doing business is holding back acquisition of startups’

Nigeria’s recession should have made the acquisitions of startups more affordable for foreign firms — but instead the creation companies and building of new products has…

Tackle infrastructure, skills challenges to boost tech sector, say Nigerian experts

Nigeria must overcome its infrastructure challenges and shortage of skills if it is to help the country’s nascent tech scene to grow, say analysts…

What is the future of the African Startup?

What is the future of the African startup? This question was posed to me a couple of days ago and I have battled with…

Startup which helps owners find lost pets going global by 2017

When Ivan Loh’s two Labrador retrievers ran away from home two years ago, he “couldn’t eat and sleep.” While he found his dogs after…