Venture capital

Cape Town based BNPL startup secures Weaver Fintech investment

PayJustNow, a Cape Town-based digital payment platform specialising in Buy Now Pay Later (BNPL), has secured an investment from a major fintech player, which…

Morocco based logistics startup Freterium raises $4M

Morocco-based transport management software startup, Freterium, has raised $4M in its latest funding round which closed in December. The seed round was led by…

Flutterwave raises $250M, now valued at over $3B

Flutterwave, the African fintech founded in 2016 that helps businesses make and accept payments anywhere from across Africa and around the world announced, has…

Egyptian ecommerce platform, Wasla, raises $9M in funding

Wasla, the Egyptian e-commerce mobile web browser and desktop extension, has raised $9 million in funding from Contact Financial Holding. With the tie-up, Contact…

Egypt proptech startup, Nawy, raises $5M in seed funding

Egyptian proptech startup, Nawy, has concluded its seed funding round securing $5 million in investment led by the Sawiris family office. Nawy is an…

Egyptian investment startup, Thndr, secures $20M in Series A

Thndr, the Egyptian digital investment platform, has secured $20 million in a Series A investment round co-led by Tiger Global, BECO Capital and Prosus…

Nigerian healthtech startup, Reliance Health, raises $40M in Series B

Reliance Health, an emerging markets-focused digital healthcare provider, has completed a $40M (R622 426 000,00) Series B funding round led by General Atlantic, a…

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…

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….

CDI Capital Growth Fund opens funding applications for small businesses

CDI Capital Growth has announced that it is opening applications for funding grants to help small businesses, with the aim to create 600 news…

Naspers invests R34m in local insurance advice app Ctrl

Naspers has announced it will invest R34 million in startup Ctrl, a short-term insurance marketplace digital platform that connects clients, brokers, and insurers. The…

SA home services portal Kandua closes ‘significant’ funding round

Joburg-based home services marketplace Kandua announced the close of a “significant” pre-series A funding round in a statement today. The round was led by…

Wellness app Strove raises R4 million in seed funding

Employee wellness app Strove has raised R4 million in seed funding in a round led by venture capital firm, Launch Africa. The round comes…

Legal advice for entrepreneurs: the ABCs of Due Diligence

Investor funding can be the lifeblood of a start-up. However, most investors will want to conduct a due diligence investigation on a business before…

Cape healthtech iNNOHEALTH raises seven-figure seed capital

Cape Town-based startup, iNNOHEALTH has announced an undisclosed seven-figure investment from a Hong Kong-based VC. The investment will go to expanding the startup’s doctor-led…

Lagos startup Terragon secures growth investment

Lagos-based startup Terragon has secured an undisclosed investment from VestedWorld, an Africa-focused early-stage investment fund manager. The firm announced the partnership on 30 June…

Ghanaian fintech Zeepay completes $7.9-million funding round

Accra-based fintech Zeepay announced the completion of a $7.9-million Series A.0 funding round on 30 July 2021. Funds raised hybridise equity and balance sheet…

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