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R26-million investment raised for Stellenbosch University spinout companies

Innovus, Stellenbosch University’s (SU) technology transfer team, has announced five new spinout companies that launched during the Covid-19 lockdown. The tech transfer team raised…

Western Cape launches tech ecosystem initiative

The Digital Economy unit at the Department of Economic Development and Tourism has collaborated with the Western Cape Government, City of Cape Town, Wesgro,…

AWIEF announces 2020 finalists for first-ever virtual awards

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has announced this year’s finalists in the 2020 AWIEF Awards. Twenty-four women have been selected as…

Data marketplace tech startup secures early-stage funding

CARMA, a data marketplace tech startup that aims to fill the gap in the credit reference and lending space where credit history and other…

Egypt logistics startup ILLA receives $500 000 in funding

Egypt-based logistics startup ILLA, has received a reported $500 000 in funding from Averroes VC, AUC Angels, and a group of local and regional…

New Nigerian fintech to launch digital wallet platform

SeamPay, a new Nigerian fintech startup plans to launch an innovative service for its local users, a mobile wallet. The new mobile wallet will…

2020’s Biggest crypto news PayPal announces it’s all in on crypto

Financial services giant Paypal ($250-billion market cap) announced that it will allow its ~200M U.S. users to buy, sell, and store crypto assets on…

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…

Investors Finding Their Way Back to the Kenyan Market

After weathering a series of economic challenges over the past few years, Kenya is once again capturing the attention of global investors. With a…

African VC Market Rebound

The venture capital landscape across South Africa and the broader African continent is entering a period of cautious recovery and renewed opportunity, following two…

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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