South Africa’s Hlayisani Growth Fund has announced its first close at ZAR350 million (US$23.8 million) to invest into high-growth, high-impact businesses, and revealed its first seven portfolio companies. Private equity investment company Hlayisani Capital is focused on the SME ecosystem, tackling the existing funding gap between early-stage venture capital and more traditional private equity in [...] Read more ›
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The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has opened applications for the Women in Green Energy Ventures Accelerator Programme, which will offer female-run green startups access to support, mentorship and capital. The programme stems from the Enterprise Development for Women-Owned Ventures in Green Energy initiative launched last year by AWIEF in partnership with the [...] Read more ›
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South Africa’s Hlayisani Growth Fund has announced its first close at ZAR350 million (US$23.8 million) to invest into high-growth, high-impact businesses, and revealed its first seven portfolio companies. Private equity investment company Hlayisani Capital is focused on the SME ecosystem, tackling the existing funding gap between early-stage venture capital and more traditional private equity in [...] Read more ›
2
South African e-commerce startup Parcelninja, which offers cloud-based warehousing and delivery solutions to online shops, has been acquired by the JSE-listed Imperial. Founded in 2013 by Justin Drennan, Ryan Drennan, and Terence Murphy, Parcelninja is an e-commerce enabler that offers South African online shops an affordable outsourcing solution for all their fulfilment needs. The startup’s [...] Read more ›
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There are strong arguments backing the prevalent trend of African fintech startups expanding operations from a product perspective, adding new verticals rather than moving into new geographies. That is according to Johan Bosini, partner at fintech-focused VC firm Quona Capital, who was speaking on the latest episode of Disrupt Podcast in the wake of his [...] Read more ›
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South African residential property platform Leadhome says it doubled its market share in 2020 despite the property market experiencing one of its toughest years in the past decade, and it aims to quadruple its agent roster this year as it eyes aggressive growth. Launched in 2015, Leadhome is a tech-enabled real estate agency that uses [...] Read more ›
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Nigeria’s Union Bank has unveiled the 2021 UnionX Innovation Challenge, as part of efforts to discover, showcase, and support entrepreneurs with innovative, technology-focused MVPs. The challenge calls on early-stage startups registered in Nigeria to submit innovative MVPs with the potential to transform society in areas such as fintech, e-commerce, health, education and agriculture. Three winners [...] Read more ›
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There are strong arguments backing the prevalent trend of African fintech startups expanding operations from a product perspective, adding new verticals rather than moving into new geographies. That is according to Johan Bosini, partner at fintech-focused VC firm Quona Capital, who was speaking on the latest episode of Disrupt Podcast in the wake of his [...] Read more ›
1
The Kenya National Innovation Agency (KeNIA) has established a National Innovation Technical Committee that will help build a comprehensive and inclusive framework for nurturing startups at national scale. The committee, set up by the agency’s board of directors, will advise and support KeNIA on a regular basis and help establish necessary linkages to help the [...] Read more ›
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Ethiopian startup Gebeya, a pan-African online talent marketplace, has launched Gebeya Talent, a new app through which it is expanding access to its network across the continent and around the globe. Gebeya focuses on cultivating the untapped tech potential of African youth to prepare them for the demands of the global market, training young people [...] Read more ›
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Egypt’s Information Technology Industry Development Agency has partnered Visa to launch a fintech training programme offering a full-fledged package of benefits and services for Egyptian fintech startups and entrepreneurs. The ITIDA-VISA Mentorship Programme aims to enhance cooperation in supporting entrepreneurship, encouraging startups to develop innovative fintech solutions, and promoting digital payments in Egypt. Upon joining [...] Read more ›
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Egyptian startup Raseedi, a self-described “social fintech” solution, claims to be building the largest network of underbanked customers who want to communicate, save money and find easy financing without a formal credit history. Founded in 2018 by Ahmed Atalla and Samuel Samy, Raseedi has developed a mobile application that helps users make calls at the [...] Read more ›
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Small Foundation, a philanthropic foundation focused on catalysing income-generating opportunities in Sub-Saharan Africa (SSA), has invested in a hybrid debt facility with global investment firm Capria Ventures to advance enterprise-led economic development and foster technological innovation in the region. Capria Ventures is a global investment firm leading, partnering with and funding the largest network of [...] Read more ›
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The Middle East Angel Investment Network (MAIN) has partnered the German Development Cooperation to launch free standard Egyptian legal documents for early-stage investors and founders, aimed at facilitating fundraising processes. MAIN, a network of MENA’s leading early-stage investors which promotes angel investing in the region, said the initiative, which will be implemented by GIZ Egypt, [...] Read more ›
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Four startups have been awarded prizes and access to incubation after being named winners of the 2020 Space-Tech Earth Observation Innovation Challenge. Convened by the South African National Space Agency (SANSA) and ZA SPACE, in partnership with RIIS, Maxar, FNB, SA Innovation Summit and Anza Capital, the challenge aimed to develop early-stage African tech startups [...] Read more ›
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Nigerian fintech startup Kwaba is helping low and middle income earners to split their annual rent into convenient monthly installments, a solution that is all the more pivotal given the economic impact of COVID-19. Founded in 2019 but launched in January 2020, Kwaba makes rent payment less stressful, and also offers further services such as [...] Read more ›
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South African agri-tech startup Skudu has raised funding from AgVentures, one of Africa’s leading agri-food tech investors, to help it in its goal of becoming the leading online marketplace for agricultural inputs and produce on the continent. Launched in 2018, Skudu helps agribusinesses lower input costs while increasing yields by mastering agronomy, or soil science, [...] Read more ›
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South African startup MatchKit has partnered with USA Swimming to help its athletes unlock additional revenue streams to further commercialise their careers in the build up to the Tokyo Olympics and beyond. Founded in 2020 by Mike Sharman, 2007 Rugby World Cup winner Bryan Habana, Ben Karpinski, Shaka Sisulu and Andy OG (the latter using [...] Read more ›
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The City of Johannesburg’s Smart City Office, in collaboration with Tshimologong Innovation Precinct, has opened applications for the Smart City Innovation Challenge, seeking smart city solutions in response to the COVID-19 pandemic. The lockdown protocols have ignited new thinking about the future of Johannesburg and its residents, with the Smart City Innovation Challenge aiming to [...] Read more ›
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Capria Ventures, like many African VC firms, aims to advance enterprise-led economic development and foster technological innovation in the region, while also making returns on investment. The way it strives to do all this, however, is slightly different. Instead of making direct investments in entrepreneurs, Capria Ventures instead invests in emerging market fund managers, collaborating [...] Read more ›
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Most popular sources
Business Insider
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26% 3 |
Tom's Hardware
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12% 6 |
Gizmodo
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8% 1 |
Vox
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7% 6 |
Android Authority
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5% 0 |
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23.12.2025 20:56
Last update: 20:50 EDT.
News rating updated: 03:50.
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