Venture capital

Woman-led edtech Ambani wins I’M IN 2021 accelerator

Mukundi Lambani, founder of Ambani Africa, an interactive African-language based early childhood edtech, has been announced as the winner of the third cohort of…

SA agritech Khula! launches app after closing R20m funding round

Joburg-based award-winning agritech Khula! announced the launch of their new app in a statement yesterday, after closing a R20-million seed round led by AECI…

New African VC aims to aid SMMEs with early-stage funding

Nigeria-based pre-seed and seed firm Voltron Capital announced its official launch in a statement last week. Close to two-thirds of startups want to raise…

Edtech Go1 is SA’s first unicorn after closing $200m round

Leading corporate edtech Go1 has announced the closing of a $200-million Series D funding round. The round skyrocketed the company into unicorn status, bringing…

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….

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…

Local edtech startup secures R45-million

The Student Hub, a South African edtech that provides online courses in a range of in-demand skills to assist in bridging the gap between…

Cape Town online retailer Yebo Fresh secures funding

Local online shopping service Yebo Fresh has announced that it has secured an undisclosed amount of Series A funding from E4E, Mark Forrester, Dale…

Why AI in Education Still Needs Human Teachers

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Lenovo Accelerate 2025 champions Innovation

Why 3 Out of 4 South African SMEs Still Can’t Raise Capital

Huawei Cloud and Elenjical Solutions Partner to Accelerate Financial Digital Transformation in Africa

Mastercard and enza Join Forces to Supercharge Fintech Innovation in Africa

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

The most recognisable tactical pickup truck evolves

JLR channels its Camel Trophy history

Luca de Meo and his Renault legacy