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Fintech ProfitShare Partners secures R25m capital line from Vumela Fund

Johannesburg-based fintech ProfitShare Partners has secured a R25-million capital line from the Edge Growth Ventures-managed Vumela Fund. ProfitShare Partners, which was founded in 2017…

SA’s Hlayisani Growth Fund mulling 12 deals after having invested R200m so far

Hlayisani Growth Fund, a SA fund that aims to make later-stage investments in African small and medium-sized enterprises (SMEs), is mulling 12 potential new…

MENA focused VC fund Iliad Partners team up with Mexico’s Angel Ventures

Latin American venture capital (VC) firm Angel Ventures and Middle East and North Africa (MENA) focused VC Iliad Partners have launched a new global…

Big names are among 41 African startups in Lisbon this week for Web Summit

UPDATE (8 November): Subsequent to the publication of this story, Swiss medtech startup Nutrix was announced as Web Summit’s Pitch winner. Forty-one startups from…

Is Africa’s education curriculum too rigid to support young entrepreneurs?

Is the education curriculum currently in use in schools across Africa too rigid to support aspirant young entrepreneurs? About 35 participants at an Anzisha…

AlphaCode awards SA proptech startup Jamii Cities R450k grant

Johannesburg-based proptech startup Jamii Cities has been awarded a R450 000 grant by Rand Merchant Investment Holdings’ (RMI) fintech incubator AlphaCode. Jamii Cities connects tenants…

Seedstars adds gender equality entrepreneurship track to pitching events

Upcoming Seedstars World pitching events in Bamako, Cape Town and Johannesburg will now include a new gender equality entrepreneurship track. The development follows an…

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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