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Ubisoft founder invests in startup behind Kwik Delivery

Yves Guillemot, the founder of French video games giant Ubisoft has invested in startup Africa Delivery Technologies which operates the Kwik Delivery platform in…

Savca pledges to act over HAVAIC-Custostech matter when case has concluded

The Southern African Venture Capital and Private Equity Association (Savca) said it is following the case between SA venture capital (VC) company HAVAIC and…

HAVAIC acted with integrity with us, say founders from VC’s portfolio companies

While SA venture capitalists have expressed shock over venture capital (VC) company HAVAIC‘s decision to sue startup Custostech for $4.45-million, the founders of four…

Standard Bank acquires 40% stake of SA fuel management platform Payment24

Standard Bank has acquired a 40% stake in Cape Town based digital fuel management solutions and telematics company Payment24 Group. Payment24, founded in 2014,…

Covid-19 and African tech startups roundup [07/04/2020]

Just days after it launched the Sukuma Relief Programme, which will disburse R1-billion from the Rupert Family to small businesses, fund administrator Business Partners…

Antler commits $500k to fund up to 5 startups battling Covid-19

Singapore headquartered early-stage venture capital (VC) company Antler is inviting startups tackling the Covid-19 outbreak to apply for funding. Antler, which has an African…

Rocket Internet has sold its stake in ecommerce company Jumia

German venture builder Rocket Internet has sold its stake in African ecommerce company Jumia. This, according to a report last week by Reuters. Quoting…

SAVCA 2025 Industry Awards Spotlight Africa’s Most Ambitious Private Capital-Backed Innovators

With the nomination deadline fast approaching, the Southern African Venture Capital and Private Equity Association (SAVCA) has issued a final call for entries for…

Ecentric and MoneyBadger Partner to Bring Bitcoin Payments to South African Retailers

Cape Town-based payments leader Ecentric has announced a strategic partnership with MoneyBadger to bring Bitcoin payments to the forefront of mainstream retail in South…

MzN Unveils AI “Digital Teammate” to Supercharge Small NGO Fundraising

MzN International, a global social enterprise focused on helping mission-driven organisations scale impact, has officially launched the first of four AI-powered “Digital Teammates” designed…

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…

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…

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