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Media24 outlines plans to close major print publications

Media24 has announced major restructuring plans, including the closure of five magazines and several newspapers. The company made the announcement on 7 July, with…

An insight into how Ingressive Capital invests in African startups

Ingressive Capital, the venture capital fund focused on early-stage African tech, recently completed its $10 million fund. According to information on the firm’s website,…

SA Crypto startup partners with one of the world’s largest exchanges

ChainEx, a local South African cryptocurrency exchange has partnered with one of the world’s leading exchanges, OKEx. The new partnership will allow crypto traders…

Tech startups share their lockdown experiences

Several of South Africa’s startups, associated with AlphaCode, share how the country’s extended lockdown has provided some with growth opportunities as some individuals adapt…

ProfitShare Partners secures R100-million for SA SME’s

The FinTech SME capital provider, ProfitShare Partners has secured a whopping R100-million from the SA SME Fund. With this funding, ProfitShare Partners will be…

MainOne’s story building West Africa’s Internet infrastructure

On Wednesday, July 1, 2020, MainOne celebrated its 10th anniversary. The occasion was a notable one for MainOne, and for several tech companies that…

Four key metrics from Carbon’s financials in the past three years

Nigerian fintech startup, Carbon, on Tuesday, released a report detailing its key activities and metrics for 2019. Last year when the startup, Carbon, formerly…

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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