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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…

Six tips for SMEs to succeed in the eCommerce space [Opinion]

Karl Westvig, CEO and founder of Retail Capital, shares six tips of advice for SMEs on how to take advantage of the eCommerce space and…

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…

New Digital Commerce Accelerator for Ghana MSEs launches

The new Catalyst Fund Inclusive Digital Commerce Accelerator aims to support the digitisation of micro and small businesses (MSEs) in the African country. The…

Female entrepreneur to launch innovative mechanism for wheelchair bound

A female entrepreneur, Portia Mavhungu, based in Gauteng has developed the Para Tube Seat, a mechanism that assists those who are wheelchair bound. Mavhungu…

West African tech startup expands extensive offering

A West African-based tech startup, Gozem has announced the acquisition of Togo’s leading food delivery app, Delivroum. The acquisition brings together Gozem’s Super App…

Luno launches new feature for users to earn interest on bitcoin

A South African founded and globally recognised cryptocurrency exchange, Luno has launched a savings wallet feature that will allow users to earn up to…

Innovate47 Launches Global Food & Agri Accelerator to Back Climate-Smart Startups

Innovate47, the global venture builder and entrepreneur support organisation, has launched a new Food & Agri Accelerator to help founders reshape food systems and…

Simbi Wabote’s 10-Year Roadmap: How Nigeria Achieved 54% Local Content Growth

When Simbi Wabote assumed leadership of Nigeria’s Content Development and Monitoring Board (NCDMB) in 2016, he inherited an oil industry where local participation had…

Records Tumble In Best Year Yet For South Africa’s Hedge Fund Industry

South Africa’s hedge fund industry closed out 2024 with its strongest performance to date, according to the latest Novare Hedge Fund Survey. Assets under…

REdimension Capital closes R250m property tech and sustainability fund

REdimension Capital has announced the final close of its Real Estate Technology & Sustainability Fund I, with aggregate commitments surpassing R250 million. The fund,…

Why the ‘Ego Tax’ is Costing Your Business

In boardrooms around the world, a silent cost is eating into business performance. It’s not market disruption, tech upheaval, or economic uncertainty. It’s ego….

South African Women Entrepreneurs Get It Right

Forget the pivot-happy, VC-addicted startup circus. Forget the “we’re Uber but for dogs” mentality that’s infected entrepreneurship like a particularly virulent strain of intellectual…

Fintura Heads to Silicon Valley After Winning SA Startup World Cup

A South African fintech startup is headed to the global stage. Fintura, an AI-powered accounting platform for professionals, has won the South African chapter…

Capitec and Mama Money Launch Fintech Partnership to Empower Migrant Workers Across Africa

South Africa’s largest digital retail bank, Capitec, has partnered with remittance fintech Mama Money to radically lower the cost of sending money across borders…

AfriLabs’ 2024 Impact Report Charts Path to $1 Trillion Digital Economy

In a tough funding climate, Africa’s largest network of innovation hubs has bucked the trend. AfriLabs, now spanning 514 hubs in 53 countries, directly…

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…

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…

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