Venture capital

Bolt raises R10.3 billion to boost grocery delivery service

E-hailing platform Bolt has closed a R10.3 billion funding round with it set to expand its new grocery delivery service, Bolt Market. Announced on…

CDI’s Growth Fund opens grant applications for growing SMMEs

The pandemic has seen businesses large and small offer free goods and services, grants and other support to small enterprises, reflecting the heart and…

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…

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…

Flow launches the world’s first and only shoppable audience marketplace

MTN MoMo’s R10-a-Day Smartphone Offer Aims to Bridge South Africa’s Digital Divide

Acer Rolls Out Student-Focused Tech in South Africa Ahead of New Term

Flow Unveils World’s First Shoppable Audience Marketplace – A Fintech-Led Revolution in Digital Targeting

Cape Town VC firm HAVAÍC secures $25m second close to power next wave of African tech startups

Binance Pay Unlocks Everyday Crypto Spending in South 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

Omoda C5 X review

TDK enhances IMUs for extreme temps

Data centres and defence are reviving diesel