Startup news

Cape fintech reinvests in FundingHub to boost SME funding in SA

Cape Town-based fintech, Finch Technologies, has made another undisclosed investment in FundingHub, SA’s leading business finance marketplace. This second investment makes the company FundingHub’s…

Vodacom Tanzania Foundation brings refugees hope through technology

On 20 June 2021, the Vodacom Tanzania Foundation (VTF) marked World Refugee Day by donating essential neonatal and educational technology to the Nyagurusu Refugee…

The launch of TikTok Business SA means a new age for SME advertising

Consumer behaviour is ever-changing, but several changes we’ve seen recently have and will alter the way brands do business and approach advertising. For one,…

Khazna receives Central Bank of Egypt approval to launch Khazna Card

Cairo-based fintech Khazna announced on 15 June that it has partnered with ADIB Egypt and Masria Digital Payments (MDP), to launch the Khazna Card,…

Circle of Corporate Innovators launches to create startup-corporate partnerships

Nairobi-based tech accelerator the Catalyst Fund, managed by BFA Global, announced the launch of its Circle of Corporate Innovators on 15 June 2021. The…

Behind the numbers – meet the people who need our job creation efforts [Opinion]

This week the country marked Youth Day. We must continue to bear in mind the work that needs to be done to restore dignity…

Cape Skills Accelerator creates employment opportunities for young Africans

The Cape Skills and Employment Accelerator Project has been launched by the City of Cape Town in partnership with the National Skills Fund (NSF)…

Local eCommerce platform launches initiative to support SA businesses

South African eCommerce platform OneDayOnly has launched an initiative to support local businesses with a dedicated Shop Local Shop Friday. The initiative will take…

SA energy startup develops affordable loadshedding solution

Johannesburg-based energy startup iG3N has developed an innovative solution to curb the impacts of loadshedding for local businesses. The lithium-ion-based battery solution provides businesses…

Cape Town startup win Plastics Pact Reuse Innovation Challenge

Cape Town-based water-tech startup I-Drop’s Waterpod has won first place in the SA Plastics Pact Reuse Innovation Challenge 2021 for its innovative mobile purified…

New accelerator for African law startups launches

Based in Kenya, The Lawyers Hub has launched a first for the continent, an accelerator programme targetted at law startups in Africa. The Lawyers…

PayFast reports 412% increase in QR code payments

Cape Town-based online payment processing service PayFast has reported an increase of 412% in transactions made via Masterpass between March 2020 to February 2021. This…

Entrepreneurial experience worth R70k up for grabs

Future Females and Ideas Cartel have partnered to offer one lucky woman an entrepreneurial experience worth R70 000 in an ode to International Women’s…

Local car tech startup launches SAs first electric bakkie

Vereeniging-based car tech startup Mazibuko Motors has created the country’s first electric battery bakkie, the M1B Pick Up. The latest innovation is currently in…

Local fintech partners with Infobip to create SAs first WhatsApp payment gateway

Joburg-based fintech startup Ukheshe Technologies and Infobip, a global cloud communications platform that enables businesses to build connected customer experiences across all stages of the customer…

Local eCommerce giant OneDayOnly sells third property online

South African eCommerce platform OneDayOnly has sold its third house via its much-loved daily deals online platform. OneDayOnly sold a property within two hours of…

Over 30% of South Africans have a side hustle

A recent poll conducted by South African eCommerce platform Gumtree has indicated that 31.5% of locals have either started a secondary job on the side…

Cape Town ranks first nationally in Ease of Doing Business Indicator

The City of Cape Town has ranked first in two categories held in the Subnational Doing Business Survey. Securing the first position out of…

Fund worth $25-million launches for early-stage African tech startups

Savannah Fund, a technology seed fund focused on investing in early-stage startups across sub-Saharan Africa has announced the launch of a $25-million fund. The…

SA tech startup AURA expands to East Africa

Johannesburg-based security tech startup and medical response platform AURA has announced that it will be expanding into Kenya. AURA is expanding its operations to Kenya…

SA private equity fund launches investment fund worth R350-million

Moshe Capital Fund Managers, a South African private equity company, has launched an investment fund worth R350-million and is actively searching for companies to invest…

TownshipTech Pitch winners announced

Hosted by the Cape Innovation & Technology Initiative in partnership with the Western Cape Department of Economic Development and Tourism (DEDAT), The TownshipTech hackathon,…

Mobile business help desk for SMEs in Cape Town launches

The City of Cape Town has officially launched the Mobile Business Hub which aims to support the growth and recovery of the SME sector…

Broadband Africa Forum 2024

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