Venture capital

New capital fund of $30-million launches for Southern Africa SMEs

Secha Capital, a Southern African investment impact firm that provides long-term capital to established SMEs, has announced the closure of its second fund worth…

Cape Town-based insurance platform receives multi-million rand investment

SixThirty, a US-based tech venture fund has invested in Cape Town-based InsureTech company, Click2Sure. This is the first time the US-based venture fund has…

Carscan secures funding from leading SA VC investors

A cutting-edge South African tech startup, Carscan, has secured an undisclosed amount of investment funding from Kalon Venture Partners, IDF Capital, and a private…

West African solar startup secures $5-million in funding

Easy Solar, a West African renewable energy startup has secured $5-million in a round of funding. This included a $3-million Series A Equity round…

Nigerian based drone tech startup secures $100 000 funding

A Nigerian based drone software and tech startup has received funding from a company based in the UK. The startup titled, Airsmat, received $100 000…

New Venture Capital firm for African tech startups launches

A new Venture Capital fund titled, Plus VC (+VC), has launched and announced the start of a $60-million debut fund targeted at investing in…

Egypt startup launches with six-figure seed funding

An Egypt-based and delivery focused startup, dreevo, has secured a six-figure pre-seed fund from EF Logistics, a third party logistic services provider. dreevo has…

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…

Egyptian ecommerce platform Homzmart raises $1.3m

Egyptian startup Homzmart has raised $1.3-million from a number of investors. MenaBytes reported on Monday (3 February) in an article that the Cairo-based startup,…

TLcom’s Tide Africa fund rises to $71m after latest commitments

Africa-focused venture capital firm TLcom has secured an additional $31-million for its Tide Africa fund, bringing its Sub Saharan Africa (SSA)-focused fund to $71-million….

SA’s Facebook for vehicle buyers and sellers, YouSellCars out to raise R6m in campaign

Promising to be a “Facebook for vehicle buyers and sellers”, SA’s YouSellCars platform is looking to raise R6-million in an equity crowdfunding campaign for what…

Village Capital announces advisory board for NextGen Ecosystem Builders Africa 2020

US venture capital (VC) company Village Capital has announced the names of those chosen to serve on its advisory board for a management training…

Egyptian food discovery and ordering platform Elmenus raises $8m Series-B round

Egyptian food discovery and ordering platform Elmenus has raised $8-million in a Series-B round. Elmenus provides users with digitised restaurant menus from food carts…

Mauritius the ideal base for entering SADC for newly funded African mobility startup Vite

Two Ghanaians and a Nigerian who have just netted seed funding from a Nigerian investor for their mobility platform, believe Mauritius is the ideal…

ChefDirect looking to raise R5m to become Uber of food delivery for SA restaurants

Farmers have long had a raw deal when selling their goods on the market. They’re often hapless price takers, while middle-men such as farm…

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

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

CHARGE taking EVs off-grid in the North West

eActros 300 and Zimi Charge creates EV win for Bakers