Startups

Centbee closes R17m funding round with Ayre Ventures

“We have the right vision, products and team to drive exponential growth for our investors,” said Centbee co-chief executive Lorien Gamaroff after the fintech…

Need funding in 2023 for your SME? Check out this list

Raising capital for a small South African business is quite a daunting experience, writes Dr Thommie Burger from JTB, a leading business plan company….

Egypt’s fintech titan Fawry partners with Classera

Egyptian payment start-up Fawry has partnered with Classera, a distance learning technology provider, to enhance e-payment services and integrate digital payment solutions of both…

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…

DataProphet closes $10m series A round led by Knife Capital

South Africa-founded DataProphet has completed a $10 million series A funding round. This, says insiders, sets the AI-as-a-Service (AIaaS) platform on its way to…

Droppa goes global following series A funding round

Droppa, a South African logistics start-up, closed its series A investment round with SkyNet Worldwide Express. The relationship, though, was not formed in a…

From zero to hero: Zimele backs 500 rural start-ups

Mining giant Anglo American has vowed to turn more than 500 South African start-ups in rural communities into sustainable and successful companies. This will…

African languages AI picked for Grindstone accelerator

Billed as Africa’s first conversational AI, Botlhale AI is among the 25 high-growth start-ups that were hand-picked for a year-long programme by Grindstone, a…

BPS closes $2.7M seed round to improve electricity access

Beacon Power Services (BPS), a Nigerian energy tech company providing data and grid management solutions to help Africa’s power sector distribute electricity more efficiently,…

Besties coin it with ‘moveable billboard’ start-up

Before roads filled with delivery bikes during lockdown, two young entrepreneurs had spotted potential in delivery bike advertising, and built an advertising tech company…

African start-ups shine in Migration Entrepreneurship Prize

No less than seven Nigerian tech start-ups walked away with top honours in this year’s Migration Entrepreneurship Prize, a programme designed for socially driven…

Kenyan web 3 start-up gets nod for Draper VeChain accelerator

A Kenyan digital assets capacity building and management forum is among the first African start-ups to qualify for the Draper VeChain Web 3 accelerator,…

Equity-based crowdfunding: GoGetta kickstarts start-ups

Quality African businesses with growth prospects that seek funding can now raise capital via an innovative crowdfunding platform, GoGetta. South African and international angel…

Pervasive ‘bro culture’ in fintech a hurdle for women

The fintech industry is notorious for its “bro’ culture,” an environment characterised by sexism and demeaning habits such as mansplaining. This is according to…

From farmers to students, Zim fintech vows to include all

A Zimbabwean fintech start-up, Cashlinq, is set on empowering entrepreneurs across Africa through its “easily accessible” banking platform. Cashlinq, says founder Tendai Mugovi, is…

Start-ups eye metaverse, NFTs to solve Africa’s woes

African start-ups increasingly target unemployment and governance issues as founders digitise nation-states and marketplaces, looking to the metaverse and NFTs. Kim Harrisberg and Rina…

AIF fellows shine in engineering academy’s Africa Prize

Pan-African ecosystem builder WomHub says more than 100 women founders in the science, technology, engineering and manufacturing (STEM) value chain have excelled in the…

From garage to factory: this bakery start-up did it!

A youth-owned bakery start-up north of Durban in KwaZulu-Natal, is among the first tenants to move into the Dube TradePort Mini Factories. Bakers Gallery,…

Seedstars set to invest in 100 start-ups, including Africa

With $20 million committed by notable investors, Seedstars International Ventures II (SIV II) is set to invest in no less than 100 pre-seed and…

This SA start-up made $1m. in just one day!

Last month, local better-for-you soda brand, PURA Beverages, travelled to the United States to attend two of the top trade shows in the food…

Acer’s New Nitro AI Gaming Gear Is Here—But Is It Worth It for South Africans?

R19,000 for Bass? Sony Tests South Africa’s Audio Appetite

Tech Stocks Tank – Can SA Survive a Global Meltdown?

SA Business Confidence: Fintech Lula Sounds Alarm on SME Reality

Why MVNOs are gaining ground — and how Huge NXTGN is accelerating the shift

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

Gravity is a true driver’s EV SUV

L2 charging and the power of dwell time

Tires and tariffs