Investment

Fresha raises over $52 million in Series C round

Fresha, a leading platform for beauty and wellness, has announced over $52 million in additional investment extending the company’s recent $100 million Series C…

SafeBoda is the first startup to benefit from Google’s Africa Investment Fund

Google’s first investment from the Africa Investment Fund — launched by Sundar Pichai, CEO of Google and Alphabet, at Google for Africa in October…

To create jobs, SA needs a tech-enablement bridge (we need Domino’s, not Google) [Opinion]

No matter your politics, everyone in South Africa can agree that we need more jobs and that we need to create more jobs now….

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…

Naspers invests R120 million in Joburg-based insurtech startup Naked

Naspers has announced it has invested R120 million in Johannesburg-based insurtech startup Naked in a Series A funding round. Announced on 4 August, the…

New African VC aims to aid SMMEs with early-stage funding

Nigeria-based pre-seed and seed firm Voltron Capital announced its official launch in a statement last week. Close to two-thirds of startups want to raise…

Transforming B2B payments could grow Africa’s local businesses [Opinion]

The World Bank estimates remittances to the Middle East and North Africa region rose by 2.3% to about $56-billion in 2020. However, global businesses…

Google invests R2.2-billion into Western Cape

Global and renowned tech giant, Google has announced an official investment of a whopping R2.2-billion in investment funding into Cape Town and the Western…

Local AI and data annotation startup receives funding from E4E

Enlabeler has received an investment deal from the New VC fund Entrepreneurs for Entrepreneurs (E4E) Africa (see this story). E4E selected the innovative AI…

Investment from Sozala Media was less than R1m, reveals Peepz’s Nick Holdcroft

Nick Holdcroft says he’s looking to grow his event staffing platform Peepz, following his announcement last month that his startup had landed an investment from…

Eight important lessons when raising venture capital [Opinion]

It is important for every entrepreneur to recognise that to raise venture capital (VC) is only one way to build and scale a business…

Seven steps to hack your scale-up company’s funding, investment readiness

The number one question we get asked by founders is: “How do we raise funding or investment for our business?” Every successful business reaches a…

Startups need more than just capital to grow says Seedstars’ Michael Weber

What’s an entrepreneurs biggest need? Most people will probably say it’s access to finance. But Seedstars co-founder and global venture builder Michael Weber says what…

Exclusive: Startupbootcamp Cape Town, EasyEquities to crowdfund first cohort

Startupbootcamp Cape Town has partnered with investment platform EasyEquities to crowdfund the 10 startups that last week graduated from the initiative’s inaugural programme. The announcement…

Futureneers: the VC aiming to invest in, nurture startups

South African startups will be receiving a new VC company in the form of Futureneers. The VC aims to change the way companies are invested…

SA to receive first non-profit association for growing angel investors

SA will be receiving its first national non-profit association to grow angel investors, named the South African Business Angel Network (SABAN). It is set to…

Shopstar announces new investment partners

Online shopping platform Shopstar has announced its new investment partners, in the form of Nona Creative and Kamers. Financial details weren’t revealed, but Shopstar…

Future prospects in Africa: a look ahead for investors

China has long been the dominant — and certainly the most visible — investor in Africa’s growing industries. But 2015 saw increased investments from…

6 more lessons I have learnt about raising capital from VCs [Part 2]

The following is an adapted version of a talk done by Clive Butkow from Grovest at the Gordon Institute of Business Science at the…

Changing climates, changing fortunes: what African elections mean for investors

Electoral cycles have long been a sticky issue for Africa’s business communities. Elections often evoke fears that a regime change will bring uncertainty and…

Investors should look to private equity in Sub-Saharan Africa, says CEO of SAVCA

Private equity in Africa is set to present significant opportunities, says CEO of the Southern African Venture Capital and Private Equity Association (SAVCA), Erika van der…

20 successful years of backing independent news — Q&A with MDIF’s Mohamed Nanabhay

The media world has seen major disruptions since the advent of the web, especially when it comes to social media and mobile. While there…

3 ways investors can navigate Africa’s mobile markets

As investment opportunities go, Africa’s mobile market is about to have its day in the sun.Two-thirds of the sub-Saharan population own mobile devices, and…

Broadband Africa Forum 2024

South Africa’s Deskless Workers: A Workforce Under Strain

How AI is Rewriting Urban Planning in Developing Regions

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

Jaguar rebranding creative is crazy – good?

German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion