Startups

Innovation City Cape Town announces 11 start-up finalists

Innovation City Cape Town, a leading South African hub for technological innovation and entrepreneurship, has announced the finalists for its highly anticipated Tech Startup…

AfricArena crowns top start-ups at Jo’burg summit

AfricArena, Africa’s leading start-up accelerator, has announced the winners of its Johannesburg summit. The event showcased innovative start-ups from the region, with winners in…

Africa’s VC industry growing slowly: $4.8b raised in 2022

Africa’s venture capital (VC) industry experienced a downturn in 2022, with only $4.8 billion raised in the continent, according to Oliver Dickson, an SAFM…

TROOP raises $11m for South Africa expansion

TROOP, the global developer of corporate meeting technology and services, announced that it has secured $11million (about R201 million) in Series B funding to…

Africa’s Kubik and Emata win Global Startup Awards

Two African start-ups have been recognised as global winners of the 2022 Global Startup Awards. The competition is the world’s largest independent start-up competition…

Finverity raises $5m to bridge global trade finance gap

London-based digital ecosystem for trade and supply chain finance, Finverity, raised $5 million in an oversubscribed equity funding round from both new and current…

AWS announces funding boost for women founders in Africa

Tiffany Johnson, the global business development manager at AWS Startups, this afternoon launched the new Fem-Tech Startup Innovation Challenge aimed at empowering women founders…

Kubik builds low-carbon homes from plastic waste

The award-winning sustainable technology startup Kubik has announced its latest seed-stage investment from the GIIG Africa Fund. The raise establishes GIIG Africa as the…

Ventures Platform fund surpasses $40m target

A pan-African VC firm championing the next generation of African technology entrepreneurs, Ventures Platform, closed its early-stage and intercontinental fund at $46 million. This…

Supply chain start-up Suplyd closes $1.6m funding round

Suplyd, an Egypt-based start-up that digitizss supply chain operations for the MENA region’s hotels, restaurants, and catering (HORECA) industries, announced their $1.6M pre-seed round…

ScarabTech secures seed raise from GIIG Africa Fund

Several commercial projects across Africa, Asia and Australia are on the cards for cleantech start-up ScarabTech following a seed funding round from GIIG Africa…

R6m in 6 weeks: Here’s how GoGetta did it

Two African start-ups, Shuthuka Flagship Farm and Trailored, have raised more than R6 million (about $350 000) in just six weeks through equity crowdfunding. The…

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…

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…

4Di Capital announces second close to new $25m seed fund

South African early-stage venture capital firm 4Di Capital has announced the second closing of its new $25 million seed fund created in partnership with…

ShEquity invests in Nigerian fintech start-up Owoafara

Nigerian fintech start-up Owoafara Inc has received investment funding from ShEquity, an Africa-wide impact investment firm. While the exact amount has not been disclosed,…

Microsoft on a mission to help African start-ups scale

“South Africa is well established as one of the top four start-up ecosystems on the continent, and is leading the way for successful exits…

Can Africa’s start-up sector keep up its record funding run?

Start-ups have become vital engines of change that can have an outsized impact on an economy, argues Thabiso Foto, chief financial officer at Founders…

African cleantech start-up shines on AfricArena world stage

While Africa’s venture capital ecosystem is still in its infancy, the co-founder of one of the world’s most innovative start-ups, Brayfoil Technologies, says AfricaArena’s…

New Seedstars platform to grow emerging VC managers

Seedstars is set to drive over $500 million of new funding into emerging and diverse managers. They will create more than 10 000 new…

Pre-seed investment platform for mission-driven start-ups

Mission-driven and underrepresented start-up founders in Africa are set to benefit from a new pre-seed investment programme announced by Flourish Ventures, a global venture…

Moroccan retail-tech start-up WafR now valued at $10m

Moroccan retail-tech start-up WafR has clinched a $120 000 funding round from First Circle Capital. WafR allows brands to broadcast smart promotions to grocers to…

LIQID lands $1.75m to pioneer sight-saving ocular implants

A South Africa-founded healthtech start-up, LIQID Medical, has secured investment to the tune of R30 million (about $1.75 million) from the SAB Foundation, an…

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