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LifeQ announces it’s working with B-Secur to develop tech solution

Biotech startup LifeQ has announced that it is working with Belfast based B-Secur to offer an advanced, integrated Electrocardiogram (ECG) and optical (PPG) based…

Covid-19 causes 32% revenue decline in local startup sector

An investigation conducted by Atlas VPN found that 40% of startups globally experienced 40% and more revenue decline due to the Covid-19 pandemic. Atlas…

Nigerian fintech startups may soon need regulatory approval to launch new products

The Central Bank of Nigeria (CBN) has released a new framework for regulatory sandbox operations in Nigeria which seeks to provide regulatory oversight for…

Gen Z population credit-active has reached 10% in Africa [Partnered Content]

Over 28% of credit-active consumers in South Africa have a credit card. Credit cards have become a reliable means of payment for South Africans….

Covid-19: Do’s and don’ts for contact tracing by employers

From 1 June 2020, the whole of South Africa has moved to disaster alert level 3. As a result, most businesses that were prohibited…

Fintech MFS Africa acquires digital payments provider Beyonic

Johannesburg-based fintech firm MFS Africa announced today that it has acquired Beyonic, a digital payments management provider of business services for SMEs, fintechs, and social impact…

Covid-19 and African tech startups roundup [30/06/2020]

Budget Insurance has launched a R6-million small business relief fund to help small businesses that have been impacted by the Covid-19 pandemic and lockdown…

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…

South Africa’s MSMEs Still Locked Out of Funding – New Report Calls for Radical Reform

South Africa’s smallest businesses are doing the heavy lifting – but they’re still being left behind. A new report by Finfind, in partnership with…

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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