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Egyptian equity firm announces first investment

An Egypt focused private equity firm, The Lorax Capital Partners Fund II (LCP), has announced its first investment, acquiring a minority stake in DSQ…

West African startup partners with Coris Bank International Togo

West African startup, Gozem has partnered with Coris Bank International Togo to allow its driver-partners to access low-interest loans towards the purchase of new…

Startups: go local first, or head offshore? [Opinion]

If you’re an entrepreneur looking to open a business in a post-Covid world, do you launch your business in South Africa first and then…

Uganda startup launches first commercial electric tuk-tuks in East Africa

Sokowatch, an Uganda-based eCommerce platform has launched the first commercially used electric tuk-tuks in East Africa. The new tuk-tuks will be used towards its…

Local tech startup bridges language barriers in SA

A voice-enabled lingual communication application, AwezaMed has announced the conclusion of a three-year medical pilot with the Council for Scientific and Industrial Research (CSIR). The startup has created…

Sefa approved R1.4-billion worth of loans

South Africa’s Small Enterprise Finance Agency (sefa) has announced that it approved R1.4-billion in loans for the financial year of 2019/2020 and reportedly assisted…

New programme launched to accelerate impact-driven tech companies in Africa

The leading technology innovation center in Africa, Co-creation Hub (CcHUB) has launched the CcHUB Syndicate. The Syndicate is an investment vehicle that aims to encourage…

SA SMBs are AI-Ready – ASUS Report Shows Local Businesses Are Already Seeing Real ROI

South African SMEs are not just AI-curious—they’re AI-ready. A new report from ASUS, titled the 2025 Future of SMBs, reveals that 77% of South…

Ocellics Reinvents Fund Factsheets with Automation-Driven Platform for Investment Managers

In an industry where speed, accuracy, and trust are non-negotiable, one software company is quietly transforming the way investment managers manage a critical aspect…

AWIEF 2025 Awards Nominations Now Open

Africa’s entrepreneurial energy is surging and it’s women who are leading from the frontlines. With less than a month to go, entries are now…

Why 3 Out of 4 South African SMEs Still Can’t Raise Capital

World SME Day on 27 June is supposed to be a celebration of entrepreneurial grit. But for most small businesses in South Africa, it…

Huawei Cloud and Elenjical Solutions Partner to Accelerate Financial Digital Transformation in Africa

As Africa’s financial sector races toward digital transformation, one thing remains clear: legacy infrastructure is still a massive drag on progress. Now, Huawei Cloud…

Mastercard and enza Join Forces to Supercharge Fintech Innovation in Africa

The fintech boom in Africa just received a major infrastructure boost. Mastercard has partnered with enza, a fast-rising payment solutions company, to unlock direct…

Five Ways to Back South Africa’s Young Entrepreneurs

Youth unemployment in South Africa remains one of the country’s most urgent socio-economic challenges. Yet, the solution many continue to champion is also one…

Novare Holdings anchors R2.8 billion Investment

In a bold move linking African capital with American industrial innovation, Novare Holdings, a leading South African institutional investment firm, has committed to anchor…

Nedbank backs SwiftVEE’s PrysWys to bring fintech to the farm gate

South African agri-tech startup SwiftVEE has secured a strategic collaboration with Nedbank Agribusiness, aimed at streamlining access to agricultural inputs through embedded finance. Under…

SA-born AURA raises €13.5m (R270m) Series B to take on US emergency response market

South African emergency tech startup AURA has secured €13.5 million (~R270 million) in Series B funding, marking a major milestone in its mission to…

EmpowaEntrepreneurs 2025 Targets Africa’s High-Growth Founders and Investors

South Africa is set to host one of the continent’s most anticipated gatherings for entrepreneurs and investors — the EmpowaEntrepreneurs Funding Summit, taking place…

Outcomes-Based Funding Delivers Real Jobs for SA Youth – A New Model for SME-Led Growth

A new outcomes-based employment model is quietly reshaping how South Africa tackles youth unemployment — and it’s delivering results. The Jobs Boost Outcomes Fund,…

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