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Apis Growth Fund II to invest €29M in digital payment provider Peach Payments for African expansion

UK-based asset manager Apis Partners LLP’s private equity fund, Apis Growth Fund II, has proposed a €29m ($31m) investment in Peach Payments, a rapidly…

Maximising manufacturing efficiency to minimise the impact of load shedding

By Johan du Toit, Strategic Sales Executive for SYSPRO Africa To succeed in today’s economic environment, manufacturers must find new ways to create and capture…

Paymenow raises $14m for groundbreaking EWA platform

Paymenow, a market-leading Earned Wage Access (EWA) platform, has secured a R250 million (about $14 million) debt facility through Rand Merchant Bank (RMB), marking…

Africa’s VC industry growing slowly: $4.8b raised in 2022

Africa’s venture capital (VC) industry experienced a downturn in 2022, with only $4.8 billion raised in the continent, according to Oliver Dickson, an SAFM…

TROOP raises $11m for South Africa expansion

TROOP, the global developer of corporate meeting technology and services, announced that it has secured $11million (about R201 million) in Series B funding to…

Taxing mobile money hampers financial inclusion in Africa

Mobile money services have been instrumental in driving financial inclusion across Africa. However, taxation policies imposed by governments could have unintended consequences on the…

Start-up survival metrics: Butkow’s top tips

Kalon Ventures chief executive Clive Butkow urged start-up founders to fully understand six survival metrics: cash runway, customer acquisition cost, gross margin, net burn,…

SA Business Confidence: Fintech Lula Sounds Alarm on SME Reality

While the latest SACCI Business Confidence Index (BCI) might paint a picture of cautiously improving sentiment among South African businesses, fintech disruptor Lula is…

IBM’s z17 Mainframe: Is This the Future of Enterprise AI?

The legacy of the mainframe looms large. With its deep ties to the history of computing, IBM’s mainframe platform has long been a symbol…

Why MVNOs are gaining ground — and how Huge NXTGN is accelerating the shift

For over a decade, Jason Harmsen has worked in a corner of the mobile industry that few consumers fully understand — but more of…

How UVU Accelerate is Empowering Women Entrepreneurs in South Africa

South Africa’s startup scene, while vibrant, still grapples with a persistent challenge: a significant gender gap. Recent data paints a worrying picture, with reports…

AI in Recruitment: How Blue Pearl is Transforming Hiring for Modern Businesses

The hiring landscape is evolving rapidly, with companies under pressure to identify and onboard the right talent faster than ever. Traditional recruitment methods, often…

enza Secures $6.75M Seed Funding to Revolutionize African Payments

enza, a rising star in Africa’s fintech landscape, has announced a significant $6.75 million seed funding round co-led by Algebra Ventures and Quona Capital….

MGX’s $2 billion investment in Binance marks historic institutional backing

MGX’s $2 billion investment in Binance marks the first institutional backing of the world’s largest cryptocurrency exchange, signalling a major shift in institutional confidence…

Mastering Financial Navigation for Securing the Perfect Loan

Understanding how to navigate the financial landscape is essential for making informed decisions that align with your goals. In today’s world, securing the right…

Injini Accelerates EdTech Revolution in SA with New Mastercard Foundation Fellowship Cohort

South Africa’s education system faces significant hurdles: socio-economic disparities, unequal resource distribution, and limited access to quality teaching. Many learners are left behind, creating…

Preferental: The Startup Transforming South Africa’s Rental Market with AI

A Startup Revolutionizing Rental Management South Africa’s rental market is fraught with challenges, from tenant rights favoring renters to financial instability caused by high…

Verto Launches Global Business Award to Fuel African Startup Expansion

African startups looking to scale globally now have a new opportunity to access funding, recognition, and resources. Fintech leader Verto has launched the Verto…

Gozem Secures $30M Series B to Fuel Super App Expansion Across Francophone Africa

Gozem, the leading Super App in Francophone Africa, has secured $30 million in Series B funding to fuel its expansion across West and Central…

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