Venture capital

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…

SA payments platform Yoco raises $83m in funding

South African payments platform Yoco has announced that its Series C round of funding has raised $83 million — or R1.2 billion — for…

Venture capital continues to grow in South Africa – survey

A survey of the venture capital industry in South Africa has shown 122 local startups received a record R1.39 billion from investors during 2020….

CDI Capital Growth Fund opens funding applications for small businesses

CDI Capital Growth has announced that it is opening applications for funding grants to help small businesses, with the aim to create 600 news…

Naspers invests R34m in local insurance advice app Ctrl

Naspers has announced it will invest R34 million in startup Ctrl, a short-term insurance marketplace digital platform that connects clients, brokers, and insurers. The…

SA home services portal Kandua closes ‘significant’ funding round

Joburg-based home services marketplace Kandua announced the close of a “significant” pre-series A funding round in a statement today. The round was led by…

Wellness app Strove raises R4 million in seed funding

Employee wellness app Strove has raised R4 million in seed funding in a round led by venture capital firm, Launch Africa. The round comes…

Egypt edtech startup receives six-figure funding

Egypt edtech startup, Akhdar has secured a six-figure US dollar investment from EdVentures, an Egypt-based venture capitalist firm that focuses on investing in the…

West African solar startup secures $8.5-million

Senegal-based startup, Oolu has secured $8.5-milliom in a Series B round of investment led by RP Global, an independent renewable energy developer, and several…

Zambia micro-lending startup receives $650 000 investment

Zambia-based online microlending tech startup, PremierCredit has received a $650 000 investment from US Venture Capital fund, Enygma Ventures. Zambia-based startup receives $650 000…

Nigerian tech startup closes a six-figure seed round

Indicina, a Nigerian-based data-driven lending platform that aims to digitise the credit value chain has closed a six-figure seed round led by Green House Capital….

Kenyan healthtech startup secures $3.75-million

Ilara Health, a Kenya-based health tech startup has raised $3.75-million in a Series A funding round led by TLcom Capital with contribution from DOB Equity, Global Ventures, and Chandaria…

Egyptian payment app receives a six-figure investment

Egyptian mobile payments, and loyalty startup, Zeal Rewards, has announced the conclusion of an undisclosed six-figure round of Seed funding. The funding raised will assist…

Car subscription startup raises $10-million in debt finance

Planet42, a South African founded startup that focuses on car subscription has secured $10-million in a debt financing round from Lendable Inc, a US-based institutional…

InQuba closes expansion capital funding round

A world-leader in Customer Journey Management, inQuba, has announced the close of an expansion capital round from venture capital firm Knife Capital and leading African corporate and…

Enygma Ventures launches R120-million investment fund

US Venture Capital fund, Enygma Ventures has launched its last investment fund worth R120-million for 2020. The astounding investment fund is targetted at women-led businesses in…

Fund worth R1-million opens for local fintech startups

Imvelo Ventures, a South African venture capital company has launched an R1-million funding opportunity for innovative local fintech startups. Applications for the funding programme…

South African tech startup raises R2.2-million

LetMeIn.to, a local tech startup that has created an innovative software-based access management service, has secured R2.2-million in funding from an undisclosed impact investor. …

Mozambique startup secures $1.5-million

Mozambique-based startup, Chicoa Fish Farm, has secured $1.5-million in Series A funding from Goodwell Investments. Chicoa Fish Farm secures $1.5-million Series A Funding from Goodwell…

New VC fund launches for SA entrepreneurs to expand into Europe

A new VC fund, The Portugal Gateway Growth Fund will offer South African entrepreneurs and startups the opportunity to access the European market by providing funding…

New African entrepreneur fund worth $1-million launches

A new fund for African entrepreneurs, The JUA Kickstarter Fund has launched and is worth $1-million in funding. African entrepreneurs are encouraged to apply to…

Africa-focused travel tech startup raises multi-million rand investment

Africa-focused travel tech platform, Viatu has raised a reported multi-million rand investment deal from a number of undisclosed investors. Viatu has raised a multi-million…

Zambian women-led startup receives funding

Zambian women-led energy startup, WidEnergy Africa has received an undisclosed investment from ShEquity, an investment vehicle that offers smart and sustainable investments to African…

Productivity On A Large Screen

Everlytic Launches Cutting-Edge AI Studio with WhatsApp Chatbots for Smarter Communication

Everlytic’s new API Communicator feature enhances customer engagement across multiple channels

Savant Launches Savant Build Cohort 3 to Accelerate Deep-Tech Innovation in the Green Economy

Simplicity at scale: The role of leadership in agile transformation

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

Google Cast and other Christmas goodies for Rivian

GM switches-off Cruise control on $10bn robotaxi project

CHARGE taking EVs off-grid in the North West