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Naspers to launch R1.4bn fund to back SA tech startups

SA investor Naspers has announced that it plans to next year launch a R1.4-billion (about $96-million) startup fund to boost the SA tech firms. The initiative…

Top startup events in South Africa, Africa you should know about this week [29/10/2018]

On Tuesday (30 October) Outsourced CFO will host the second edition of its Founders and Finance Series in Cape Town. Learn about what to look out for…

Amazon Web Services to open data centres in Cape Town in 2020

Tech entrepreneurs in Cape Town are set to benefit, with the announcement yesterday by cloud computing services provider Amazon Web Services (AWS) that it will open…

Bank, local hub launch $1-million fund for Somalian startups

Mogadishu-based Premier Bank and Somalian business support organisation iRise Hub yesterday launched a $1-million fund aimed at backing the country’s startups. Premier Bank chairman…

Questions surround involvement of Eran Eyal’s former partner in Shopin pilots

A former business partner of SA entrepreneur Eran Eyal, who faces fraud charges in the US, has declined to comment on whether or not it was…

Payments space not over saturated in Africa argues Village Capital head

African fintech startups are beginning to branch out away from the payments space into other sub-sectors — such as agri-finance, insurtech and alternative credit scoring…

Here are the DEMO Africa 2018 winners

Startup launchpad DEMO Africa has selected five startups that will travel to Silicon Valley as part of the Lions Africa Innovation Tour next year. The…

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…

Africa Bridge Fund seeks to build a thriving Africa tech ecosystem

The Africa Bridge Fund wants to change how tech ecosystems are built. Its founders, Kevin Dillon and Frank McCosker, are not seeking to replicate…

MortgageMarket and EasyEquities partner to launch EasyMortgages, unlocking a new era in home loan access for South Africans

MortgageMarket has partnered with investment pioneer EasyEquities to launch EasyMortgages, a fully digital, consumer-first home loan solution now integrated directly into the EasyEquities platform….

ASUS and AMD Launch AI-Driven Expert P Series PCs for South African SMBs

South Africa’s AI PC revolution is officially underway. ASUS, in partnership with AMD, has unveiled its 2025 Expert P Series lineup — a full…

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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