Venture capital

Local agritech startup secures $1.5-million in funding

South African agritecth startup, swiftVEE has secured $1.5-million in an investment round led by Subtropico Ltd, an unlisted public company specialising in Agri investments…

Kenyan agritech startup secures $220 000 funding

Farmers Pride, a Kenya-based agritech startup has secured a reported $220 000 in funding from US-based impact investor, Gray Matters Capital. The inclusive agritech aims…

Kenyan-based tech startup secures funding

Kenyan startup, Data Integrated has received an undisclosed amount of funding from venture capital firms, Toyota Tsush, and CFAO. The funding received will be used…

Agritech innovation fund worth $50 000 open for applications

FarmCrew has created an innovation fund that awards 10 African founded agritech startups an opportunity to receive a $50 000 investment fund. This fund…

Nigerian fintech startup receives $25 000 in funding

Nigeria-based Venture Capitalist firm, Microtraction has invested $25 000 in Evolve Credit, a loan and financial marketplace aimed at assisting Nigerians to select the…

Local healthtech startup secures R10-million funding

South African-founded and based healthtech startup, Udok has raised R10-million in a seed round of funding from FinX Capital, a local venture capital firm. …

Kenyan healthtech startup secures $1.1-million funding

Ilara Health, a Kenya-based health tech startup has received $1.1-million in grant funding from the Bill and Melinda Gates Foundation. The funding will be…

Almost 20 years on, two SA inventors haven’t given up bid to launch portable gym

After almost 20 years of trying to develop a mobile gym and fitness analytics machine, John van Niekerk and Newtown Fortuin are still at…

Four Cape Town startups land over R2.7m in Savant TIA grants for their innovative ideas

Four Cape Town based startups have collectively landed over R2.7-million in seed grants from the Technology Innovation Agency (TIA), administered by Savant, a hardware tech…

Nigerian fintech Vesicash nets further investment from Ingressive Capital

Nigerian fintech Vesicash has raised an undisclosed amount of investment from Lagos-based investor Ingressive Capital. The startup provides a digital escrow service which helps…

Dutch VC fund takes a stake in SA’s Centbee after Paper Plane Ventures exits startup

UPDATE (21 February): An earlier version of this story had it that Dutch venture capital (VC) company Two Hop Ventures had acquired SA VC…

Santam invests in JaSure, a Gauteng based insurtech that has done away with CEO role

Short-term insurer Santam has invested an undisclosed amount in JaSure — a Johannesburg based insurtech which has done away with the role of CEO….

University Technology Fund to grow R150m fund size with new investors, co-investments [Updated]

With the SA SME Fund‘s R150-million University Technology Fund set to make its first investment in the coming months, fund manager Wayne Stocks says…

Nigerian fintech Carbon sets up $100k Pan-African fund

Nigerian fintech Carbon announced today that it has set up a $100 000 Pan-African fund for budding tech entrepreneurs on the continent. Carbon claimed…

Egyptian delivery startup raises Series-A round from France’s DPDgroup

Cairo-based delivery startup Bosta has raised an undisclosed amount in a Series-A round from French parcel delivery company the DPDgroup. This, according to an…

Tunisian taxi scooter startup IntiGo raises over $300k from angel investors

Tunisia’s IntiGo, a taxi-scooter startup, has raised over $300 000 in investment from angel investors. An article in Tunisian business news site El Boursa yesterday…

New $100m Nuwa Capital fund to target MENA, East African startups

Former Wamda Capital managing partner Khaled Talhouni has launched Nuwa Capital, a new fund to invest in tech startups in the Middle East North Africa…

Egypt’s Vezeeta raises $40m in Series-D round

Egyptian healthtech Vezeeta has secured $40-million in a Series-D round led by Gulf Capital, one of the Middle East’s largest alternative asset management firms….

African Women Leadership Fund to provide capital to support female fund managers

A new fund, the African Women Leadership Fund (AWLF) will provide capital to both first time and experienced fund managers that invest in majority…

New African Angel Academy to offer training on angel investing

UPDATE (13 February 2020): We adjusted the headline, by removing “ABAN” after being alerted by Fraser Consulting, that the academy is an initiative of not…

SA startup Howler secures second round of funding [Updated]

UPDATE (10 February): This article has been updated to reflect that one of the three investors, Techstars, contributed $150 000 in Howler’s latest round….

Ethiopian startup Gebeya raises $2m in seed funding

Ethiopian edtech startup and online marketplace company Gebeya has raised $2-million in seed funding in a round co-led by Partech and Orange Digital Ventures…

How Partech Africa took on the headache of counting VC money in African startups

How do you define an African tech startup? It’s a question that has come to bug Partech Africa’s Tidjane Dème, particularly when counting how…

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