Investment

Google for Startups Accelerator Africa Welcomes 8th Cohort

Google recently announced the 8th cohort of its Google for Startups Accelerator Africa program. This year’s cohort features ten innovative startups from Kenya, Nigeria,…

Plentify’s expansion in South Africa and international markets

South African climate-tech startup, Plentify, has successfully raised a substantial sum of capital in an oversubscribed funding round, raising capital from prominent African and…

New $50m fund aims to catalyse South African tech boom

A newly launched venture capital fund is setting its sights on propelling South African and African technology startups to new heights. Conducive Capital, a…

PowerUP, the Clean Cooking Startup, Sparks a Revolution Across Africa

In a significant milestone, PowerUP, the Uganda-based electric cooking start-up, announces the successful initial close of its seed round. Delta40, the Nairobi-based venture studio…

Africa XYZ’s Vision 2030 Fund I: Empowering 300 Million Youths for a Brighter Tomorrow

The Unemployment Crisis in Africa Africa XYZ, a UK and Rwanda-based Pan-African technology company, addresses the pressing issue of unemployment in Africa through its…

Unlocking Growth: Convergence Partners’ Bold Move with Datacentrix Group

In a move that promises to redefine the digital infrastructure landscape, Convergence Partners has officially taken the reins of Datacentrix Group through its Digital…

Dip your toes in investment, the lesson

Investing will always involve the balance of risks and rewards, and individuals should carefully consider their goals, not only financially, but their overall long-term…

Doing business with China, timing is everything

China may be one of Africa’s largest trading partners, which means opportunities for those companies in sectors outside of just raw commodities to grow…

1K Africa and Ascension Capital Invest in Consumer Profile Bureau

In a significant move to enhance the South African credit bureau landscape, 1K Africa and Ascension Capital have announced an investment in Consumer Profile…

South African logitech startup Tripplo closes seed round

Tripplo, the Johannesburg-based logistics software platform, has successfully secured a US$1.8 million equity investment, concluding its seed funding extension round. The round was led…

Sony’s $10m boost to fuel Africa’s tech wave

Sony Group Corporation has unveiled the “Sony Innovation Fund: Africa,” designed to bolster the growth of the entertainment sector in Africa. The company has…

Seizing the Moment: Impact Investing and Technology as a Catalyst for Change

South Africa’s unemployment and inequality conundrum is a pressing concern that has persisted far longer than it should. It’s a systemic issue that extends…

Car Subscription Startup Planet42 Raises $100 Million to Address Transport Inequality

Planet42, a South African car subscription startup, has raised $100 million in combined equity and debt funding to address transport inequality by putting cars…

E Squared funds agribusiness with a strong focus on food security

In December 2022, impact investor E Squared Investments participated in a follow-on funding round with Nambu Group, an insect protein company founded by Allan…

How to make your business investable

There are two sides to the business investment equation. Financial institutions and venture capitalists need to offer suitable investment packages and correctly identify suitable…

Zilch’s Philip Belamant Discusses How Fintech Investors’ Evolving Priorities Have Changed the Playing Field

Sponsored by Easylink Studio As technology is increasingly integrated into many industries’ operations, financial technology, better know as fintech firms, are frequently at the…

Western investors to remove bias they didn’t know they had

The world is beset by extreme inequality. In fact, a study released in December 2021 found that global inequality is at levels not seen…

Endeavor Harvest Fund II closes as most active VC in SA

Endeavor South Africa has raised double its initial target for Harvest Fund II with R190 million raised in the fund’s final close. The fund…

Cape Town based Locstat raises investment from Grindstone Ventures

Cape Town based advanced analytics company, Locstat, has secured undisclosed amount of funding from Grindstone Ventures. Founded in 2016, Locstat enables customers to unlock…

African Development Bank is the biggest backer at South Africa Investment Conference

President Cyril Ramaphosa welcomed the heads of businesses onto stage at the fourth annual South Africa Investment Conference (SAIC) to announce investment commitments of…

Luno launches early-stage investment arm

Cryptocurrency company, Luno, a wholly-owned subsidiary of Digital Currency Group (“DCG”), has launched Luno Expeditions, a global, early-stage investment arm to support fintech and crypto/web3…

CrowdForce raises $3.6M during Series A

HAVAÍC, Aruwa Capital Management (Aruwa), and Asian African Investment & Consulting (AAIC) have announced a joint US$3.6 million pre-series A investment in CrowdForce. Empowering Nigeria’s underserved and unbanked population, the financial…

Floatpays secures R15M investment from Naspers Foundry

Floatpays, a Cape Town-based on-demand earned wage access platform, has received a R15 million investment from Naspers via its early-stage tech investment arm, Naspers…

Broadband Africa Forum 2024

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Honor Magic V3, a Guinness world record attempt

German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion

Vivo update – a big safety gain