Investment

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…

Cisco on the state of Africa’s startup landscape

I recently sat down with Conrad Steyn, CTO for Cisco Sub-Saharan Africa, to chat about the state of startups and SMMEs in South Africa…

Egyptian investment startup, Thndr, secures $20M in Series A

Thndr, the Egyptian digital investment platform, has secured $20 million in a Series A investment round co-led by Tiger Global, BECO Capital and Prosus…

Google supports South African start-ups, SMMEs and NPOs to help economic recovery

Google for South Africa unpacked its support for startups, SMMEs and nonprofits in a bid to accelerate digital transformation and help South Africa’s economy…

WEF stresses need for investment in African tech start-ups

The World Economic Forum’s latest report, Attracting Investment and Accelerating Adoption for the Fourth Industrial Revolution in Africa analyses the challenges Africa faces in…

Naspers invests R34m in local insurance advice app Ctrl

Naspers has announced it will invest R34 million in startup Ctrl, a short-term insurance marketplace digital platform that connects clients, brokers, and insurers. The…

Legal advice for entrepreneurs: the ABCs of Due Diligence

Investor funding can be the lifeblood of a start-up. However, most investors will want to conduct a due diligence investigation on a business before…

Pixelsmith Studios opens digital marketplace for SA creatives

Cape Town-based design hub Pixelsmith Studios announced the launch of its digital marketplace this week. The expansion signals the site’s evolution over 10 years…

Spot Money app launches stokvel feature

South Africa’s newest digital banking platform, Spot Money has launched a shared wallet feature on their fintech app, Spot. The feature is a digital…

Engen Pitch & Polish returns after year-long hiatus

The Engen Pitch & Polish competition, in which entrepreneurs battle it out for prizes up to R1-million is back after a year-long hiatus. The …

New data report shows fintech investment in Africa on the rise

A new report by tech accelerator Catalyst Fund and data research company Briter Bridges has indicated that fintech investment across emerging markets, including Africa,…

Female-led investment company Crystal Partners launches in SA

Based in Johannesburg, Crystal Partners is the latest investment company to open in South Africa and aims to be the premier partner of choice…

SA biomedical engineering startup receives funding

Cape Town-based multi-medical device development startup Impulse Biomedical has secured an undisclosed amount in a venture capital investment from Futuregrowth. Impulse Biomedical has secured an undisclosed…

African fintech startup secures $170-million

African fintech startup Flutterwave has secured $170-million in funding in a Series C round led by Avenir Growth Capital and Tiger Global Management LLC…

Egypt investment tech startup expands offering

Egypt-based tech startup Thndr, a fully licensed investment platform, has announced its partnership with fully licensed Azimut Egypt, the local investment art of Azimut…

The future of Section 12J and the Sunset Clause

Section 12J is the fastest-growing alternative asset class in South Africa, catching the attention of many individuals, family offices, and institutional investors. Ten things…

Kalon Venture Partners opens investment into 12J fund

Johannesburg-based Kalon Venture Partners, a registered Section 12J Venture Capital Company, has announced that it is open for investment into its second fund. Kalon…

Even in the face of immense challenges, Africa has real opportunities for investors [Opinion]

At the beginning of 2020, some believed that the growth which had fueled the ‘Africa Rising’ narrative since 2011 was stalling and that the…

Investment key to SME survival and recovery [Opinion]

The onset of the Covid-19 pandemic proved that small to medium-sized businesses (SMEs) are the backbone of the South African economy. Almost half of…

Understanding S12J and investing in disruptive technology [Sponsored]

In 2009, the South African government identified small and medium-sized entities (SMEs) as a potential major contributor to future economic growth. Kalon Venture Partners…

Impact Investment and the growing shift toward meaningful finance in Africa [Opinon]

The current global trend towards more meaningful, purpose-led investment – otherwise known as Impact Investing – has shown there are real opportunities for a…

Broadband Africa Forum 2024

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