Regions

Nestcoin raises pre-seed capital to accelerate Web3 adoption

Web3 application builder Nestcoin raised $6.45 million in pre-seed capital. This new funding will enable the company to expand its global operations and invest…

Kenyan fintech Ubawa secures $350K seed funding

Ubawa Technologies, 2021 African Start-up Awards Start-up of the Year winners for Kenya, has secured $350 000 in seed funding from Nigerian VC Platform…

AFEX opens second round of funding series to strengthen Nigeria’s agriculture sector

AFEX has announced the reopening of its $240m (₦100bn) Asset-Backed Commercial Paper (ABCP) to help stabilise Nigeria’s agriculture sector by offering Agro-processors low-cost financing to…

Speedinvest leads $3M pre-Series A funding for Ghana fintech OZÉ

Ghanaian fintech OZÉ provides bookkeeping tools for business owners to understand and improve their performance as well as access to capital to fuel growth….

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…

POA closes $28M funding round to expand internet service

Infrastructure investment platform Africa50 led a $28 million funding round to support internet service provider Poa Internet’s expansion in Kenya. The equity investment will…

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…

Epson Survey Reveals Surge in Demand for Projectors as Home Cinema Trend Takes Off

Opera Mini Brings Free AI to South Africa, Tackling Data Costs and Boosting Digital Inclusion

HONOR X7c: Does This Budget Beast Deliver on Battery and That 108MP Camera?

Umvuzo Health Turns 21 with a Tech-Driven Medtech Model That’s Redefining Corporate Healthcare

Kazang Brings Card Payments to Spaza Shops, Driving Fintech-Fuelled Financial Inclusion

Flutterwave Launches Accelerate Workshop to Upskill Young Africans in Tech

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