Venture capital

Leapfrog Ventures CEO reveals $100k investment in Kenya’s MPost was concluded last year

Leapfrog Ventures CEO Takumo Terakubo has revealed he invested $100 000 in Kenyan virtual postbox startup MPost. The investment was made last year, he said….

Our $600k seed round was raised in January, reveals Egyptian fintech NowPay

Egyptian fintech NowPay revealed today that a $600 000 seed round that it raised from Endure Capital and 500 Startups — which was reported by various…

Egyptian grocery delivery platform Trolley secures $200k

Trolley, a Cairo-based grocery delivery platform founded last year, has secured a $200 000 seed investment. Tech publication MenaBytes reported in an article yesterday (27…

Standard Bank leads $4m investment round in SA fintech Nomanini [Updated]

UPDATE (27 August 2019): We neglected to mention in the initial version of this story that Dutch impact investor Goodwell Investments also participated in the…

Fincheck has landed R4.4m from investors reveals founder

SA startup Fincheck has netted R4.4-million in investment from two investors, Benatar Capital and Parktown Capital, the startup’s founder Michael Bowren revealed yesterday. Fincheck allows consumers to…

$40m Palladium Impact Fund to focus on agribusiness, off-grid clean energy

A $40-million fund launched last week by Australia-based global impact firm Palladium aims to invest in agribusiness value chains and off-grid clean energy ventures in Ghana, Kenya…

Fincheck acquires stake in FundingHub, takes over management of platform

Fincheck — a SA startup that allows consumers to compare financial services products — has taken an undisclosed minority stake in FundingHub and has also assumed full…

SA SME Fund is not aimed at venture capital sector, says CEO

South Africa’s R1.5-billion SA SME Fund is not aimed at boosting the country’s nascent venture capital (VC) sector, but rather at helping already profitable mid-sized companies to…

SA VC firm Knife Capital expands to UK in deal with former rugby star Bob Skinstad

Venture capital (VC) firm Knife Capital has expanded to London after introducing UK-based Draper-Gain Investments as a strategic investor. It follows Knife Capital’s management buyout…

SA lending platform Prodigy Finance chose London for ‘pro-business regulation’

Cape Town founder of multi-million dollar lending platform Prodigy Finance Cameron Stevens says the “pro-business” regulation of the UK’s Financial Conduct Authority was key in his decision…

Former Rocket Internet man tells how he cloned firms, from Cape Town to Bangkok

Cape Town born Tauriq Brown always wanted to be an international businessman. He may claim to be an entrepreneur. But the 28-year-old former Rocket Internet employee is…

SA startup Pineapple secures R5.2m to take on short-term insurance market

SA insurtech startup Pineapple has secured R5.2-million in seed funding from Lireas Holdings, the strategic investment arm of Hannover-Re Group Africa, in return for…

SA eating out app Feastfox nets $175 000 from Silicon Valley investors

Cape Town eating-out app Feastfox today announced that it had successfully closed an angel fundraising round, raising $175,000 (R2.3 million) primarily from Silicon Valley-based angels…

You don’t need to be super wealthy high net individual to be an angel investor

The outlook for the South African economy may be grim. The Reserve Bank forecasts that the economy will grow at just 0.5% this year. Yet…

VC companies don’t necessarily have to set up a fund to invest – here’s why

Engaging with investors is often like trying to fit a square peg in a round hole. This is the feedback we got from entrepreneurs…

4Di Capital funding was ‘less than R10m’ confirms SA IoT startup Sensor Networks

Cape based Internet of Things (IoT) platform Sensor Networks has secured funding from South African venture capital (VC) fund 4Di Capital. Sensor Networks founder…

More than 30 sign-ups to Uprise.Africa SA’s first equity crowdfunding site

Over 30 investees and investors have signed up to Uprise.Africa, South Africa’s first equity crowdfunding platform, since its landing page went live on Friday,…

Grotech rebranding as Kalon Venture Partners to avoid marketplace confusion

South African Section 12J venture capital (VC) company Grotech has rebranded as Kalon Venture Partners. Kalon CEO Clive Butkow said the rebranding was to avoid…

SA’s first equity crowdfunding platform to launch later this month

South Africa’s first equity crowdfunding platform will be unveiled by ThundaFund founder Patrick Schofield in a soft launch later this month, Schofield confirmed today….

Kenyan startup M-Shule gets investment from Engineers Without Borders

Canadian seed-stage investor Engineers Without Borders Canada (EWB) yesterday announced a cash investment worth $40 000 in Kenyan edtech startup M-Shule. M-Shule is an SMS and…

SA might be in recession but opportunities are huge – Alphawave chairman

While South Africa slipped into a recession in the first quarter of this year, Stellenbosch investor and entrepreneur Frans Meyer says the opportunities for…

Q&A: Focus on creating unicorn for SA is misdirected says Justin Stanford

Any overt focus by South African ecosystem players on creating the country’s first unicorn is a “misdirection of attention” says venture capitalist and founder of 4Di…

FSB misses its own crowdfunding deadline

South Africa’s Financial Services Board (FSB) has missed a June 30 deadline on considering whether to regulate equity crowdfunding or not. A FSB spokesperson in…

MTN Clinches SA’s Best Network Title Again – Backed by Data and R14bn Infrastructure Push

Xiaomi’s “Screens for Change” Powers Township Esports With Purpose and Mandela’s Legacy

SAVCA 2025 Industry Awards Spotlight Africa’s Most Ambitious Private Capital-Backed Innovators

Ecentric and MoneyBadger Partner to Bring Bitcoin Payments to South African Retailers

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

TDK enhances IMUs for extreme temps

Data centres and defence are reviving diesel

The most recognisable tactical pickup truck evolves