Africa

[Opinion] Financial Services companies in South Africa must be ready for the rise of digital natives

Financial services will be the first industry put to the test with the rise of the Digital Native. As COVID-19 drove the acceleration of technology adoption…

Friday interview: Thandwefika Radebe, Qwili co-founder

From his roots in starting a student-led consulting organisation, Phaphama SEDI, in 2014 that first assisted seven entrepreneurs from Khayelitsha, Thandwefika Radebe has taken…

This is why Nestlé launched its Hatcher innovation platform

Nestlé, the consumables giant, recently launched Nestlé Hatcher whose “fundamental goal is to work collaboratively with start-ups to identify sustainable and scalable solutions that…

Black and Brilliant & Codecademy launch Africa based AI Accelerator

Codecademy, the online learning platform for technical skills is partnering with The Black and Brilliant Advocacy Network to launch an Applied Artificial Intelligence accelerator and…

IBM launches Sustainability Accelerator

IBM has launched their Sustainability Accelerator, a global pro bono social impact program that applies IBM technologies, such as hybrid cloud and artificial intelligence, and…

Lipa Later gains $12m funding to expand credit footprint in Africa

Odyssey Capital’s flexible payment fintech start-up Lipa Later closed a $12 million pre-Series A funding round that will help it expand its service into…

Adapt IT acquired by Volaris and delists from JSE

South African software company, Adapt IT Holdings Limited (“Adapt IT”), has been acquired by Volaris Group Inc. (Volaris) for R7 per Adapt IT share…

Alithea IDF announces largest gender-inclusive private equity fund in Africa

Africa’s first women-led and women-focused private equity fund, Alitheia IDF (AIF), has announced the final close of the $100 million (R1 552 898 000,00)…

KTN Global Alliance Africa announces initiative to solve the continent’s waste problem

KTN Global Alliance Africa is a six-year project funded by UK Aid through the Innovate UK Global Challenges Research Fund (GCRF) and the Foreign,…

South Africa featured in Global Startup Ecosystem Report

Startup Genome has published the 2021 Global Startup Ecosystem Report (GSER) which highlights South Africa’s regional startup ecosystems. The report offers insight into startups…

African fintech platform Finclusion Group secures $20 million in funding

African fintech platform Finclusion Group has secured $20 million in a funding round with debt financing provider, Lendable. Announced on 14 September, the company…

African global business services sector to grow to $19.8 billion by 2023 – research

A new report by market researcher Knowledge Executive shows Africa’s Global Business Services (GBS) is expected to grow to nearly $20 billion by 2023….

Nigerian healthtech expands into 11 cities across East and West Africa

Abuja-based healthtech startup Field Intelligence has announced that its expansion into 11 markets namely; Rivers, Edo, Kaduna, Kano, Enugu, Delta and Kwara States in Nigeria, and…

Nigerian startup Sabi reaches 150 000 small businesses, $1.2 billion in sales

Lagos-based startup Sabi has announced it has hit the milestone of over 150 000 small business users on its marketplace platform. Developed and operated…

Apply now: GIZ-SAIS Investment Readiness Programme 2022 [Sponsored]

The project ‘Scaling Digital Agriculture Innovations through Start-ups’ (SAIS), implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH has launched its Call for…

Local lithium-ion battery manufacturer I-G3N secures R20m investment

South African battery manufacturer I-G3N has secured R20 million in investment to help the company grow and promote renewable energy on the continent. The…

Moove raises $23 million in Series A funding round

Sub-Saharan mobility and vehicle finance company Moove has announced it has raised $23 million (R341 million) in a Series A funding round. The latest…

Joburg startup investment platform Merge partners with 100 VCs

Johannesburg-based startup investment platform Merge has announced that it has partnered with 100 Venture Capital (VC) investors since early 2021. The company’s number of…

Convergence Partners close Digital Infrastructure Fund at $120m

Private equity investor Convergence Partners has announced it has successfully closed its Digital Infrastructure Fund (CPDIF) at $120 million. The firm specialises in investment…

Digicloud Africa named Google Cloud Expansion Partner for 2020

Google has named Digicloud Africa the Google Cloud Expansion Partner of the Year for 2020 in the Europe, Middle East, and Africa (EMEA) region….

SA startup Envisionit Deep AI wins $50k at Cisco global challenge

South African startup Envisionit Deep AI has won $50 000 at the Cisco Global Problem Solver Challenge with its healthcare solution, Radify. The startup…

Catalyst Fund releases report on investor due diligence

Global Tech accelerator Catalyst Fund has released a new report on remote due diligence and inclusive opportunities for investors. The company released the report,…

Why Stage 15 load shedding is a switch to a very short fuse

Why Trevor Noah is leaving the Daily Show

MIC invests R10m in crowd-farming fintech Livestock Wealth

Digital identity startup iiDENTIFii raises record $15m

Need funding? How to make investors take you seriously

Asus Zenbook Pro 16X OLED review: a creative powerhouse

Samsung’s S22 ultra: Zoom in so close you can whisper to the referee

Vivo launches V25e, a vlogger’s dream

Review: VW e-Golf

Review: Land Rover Defender 90 D300X

Review: Mazda CX-5 DE Akera