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Covid-19 and African tech startups roundup [28/04/2020]

Grand Challenges Canada has included five African innovations among its 20 innovations which it will fund and support for 2020 that focus on the Covid-19…

Nigeria’s Stears raises $600k from Omidyar Group’s Luminate, other investors

UPDATE (8 May 2020): We had it initially that Luminate led this round. However, A Luminate representative subsequently contacted Ventureburn to point out that…

Nigerian fintech Okra nets $1m investment from TLcom

Nigerian fintech platform Okra has secured a $1-million pre-seed investment from Nairobi and London based venture capital (VC) firm TLcom Capital. Okra, which launched…

Covid-19 and African tech startups roundup [27/04/2020]

SA’s Trade and industry minister Ebrahim Patel says the government can’t lift restrictions to allow all ecommerce traders to operate, while not doing so…

Top startup web events in South Africa, Africa you should know about this week [27/04/2020] [Updated]

On Thursday (30 April), Founders Factory Africa and AfricArena brings together fund managers and limited partners to discuss short-term measures that can be adopted…

Nigerian payments app Bundle launches after netting $450k from Binance

Bundle, a Nigerian payments app for cash and cryptocurrencies, has launched after netting $450 000 from global blockchain company Binance. Bundle allows users to buy,…

GSMA opens applications for grants of up to £250k from its innovation fund

The GSM Association (GSMA) has opened applications for its Innovation Fund for Mobile Internet Adoption and Digital Inclusion and is offering equity-free grants of between…

Cape Town Creatives Can Now Work for Free at Africa’s First Creative-Tech Hub

A new wave of opportunity has arrived for the city’s creative sector. The timbuktoo Creative Hub, the first of its kind in Africa, has…

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…

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