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Nigerian payments startup Paystack raises $8m in Series A round led by Stripe

Nigerian payments startup Paystack has raised $8-million in a Series A funding round led by US payments company Stripe. US tech publication Tech Crunch…

Investors use loophole in VC tax incentive to invest in own companies – Sars

Investors are using a loophole in a SA venture capital (VC) tax incentive to invest in companies connected to them and benefit from a…

Here are this year’s MTN Women in ICT Partnership for Change Awards finalists

Telco giant MTN has announced the nominees of this year’s MTN Women in ICT – Partnership for Change Awards. The awards aim to recognise, honour…

Kenyan hub Nailab busy identifying African partners for Jack Ma programme

Kenyan hub Nailab, which has been selected to run Alibaba Group founder Jack Ma’s $10-million Africa Netpreneur Prize, is in the process of identifying and selecting hubs and…

Get voting on your choice of finalists for the Southern Africa Startup Awards

After receiving 3211 nominations the organisers of the inaugural Southern Africa Startup Awards have revealed the names of the startups and entrepreneurs that have made it…

ADB, FAO commit to raise $100m to boost agricultural sector in Africa

The African Development Bank (ADB) and the UN’s Food and Agriculture Organisation (FAO) have pledged to raise $100-million over five years to support joint activities…

SAP Next-Gen, Startupbootcamp AfriTech partner for Epic SDG Water Challenge

SAP Next-Gen and Startupbootcamp (SBC) AfriTech have partnered to launch the Epic SDG Water Challenge, an initiative which seeks to tap startup innovation to accelerate…

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…

Flow Unveils World’s First Shoppable Audience Marketplace – A Fintech-Led Revolution in Digital Targeting

In what could be the biggest disruption to audience targeting since cookies began to crumble, South African commerce media startup Flow has officially launched…

Cape Town VC firm HAVAÍC secures $25m second close to power next wave of African tech startups

HAVAÍC, a leading venture capital firm headquartered in Cape Town, has announced the second close of its $50 million African Innovation Fund 3, bringing…

Binance Pay Unlocks Everyday Crypto Spending in South Africa

Crypto is no longer just for traders and hodlers. With Binance Pay now live across South African online stores through partnerships with Peach Payments…

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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