Go1, one of the world’s largest corporate education content hubs for on-demand training and resources, recently announced a $200-million Series D round - valuing the company at more than $1-billion. The online learning platform, co-founded by South African Melvyn Lubega and Australian Andrew Barnes together with their friends from high...
On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy, Ian Lessem, Managing Partner at HAVAÍC – investors in early-stage, high-growth technology businesses – says several other African cities are quickly emerging as leading startup and investment...
On June 29th, many hopeful tech-entrepreneurs walked into the lion’s den to pitch their business ideas to a panel of judges during AgriTourZA's Limpopo Innovation Platform Demo Day. AgriTourZA's Limpopo Innovation Platform is an innovative start-up programme that sets out to identify young businesses that can make a true difference...
Africa’s fintech sector is growing and maturing, with more startups active in the space than ever before, platforms increasingly offering a variety of services, and investment and acquisitions taking place to an unprecedented degree. Every two years since June 2017, startup-focused news and research company Disrupt Africa has released the...
A recent GSMA report reveals that there are 1.2 billion registered global mobile money accounts. 560-million of these registered accounts are in Africa. The GSMA, which represents several mobile network firms, states that "Sub-Saharan Africa has been at the forefront of the mobile money industry for over a decade,...
Upcoming Kenyan food delivery startup Kune has closed a pre-seed funding round at $1-million in investments. The startup, which seeks to prepare and deliver freshly-made, ready-to-eat meals at affordable prices, will look to use the capital boost to scale its on-demand services before its planned launch in August later this...
The worldwide pandemic has spurred digital transformation across the African continent. Tech is booming in Africa, it is all too clear to see. Now more than ever, driven African entrepreneurs and startup founders are innovating new waves into the ocean of technology. All they need is funding. Enter: The Africa's Business...
Cape Town-founded mobility tech startup WhereIsMyTransport has secured a total of $14.5-million during a Series A extension round to continue its expansion. This is in addition to the R42-million ($3.09-million) in funding it received from South African media mega power Naspers. The new funding was raised from investors including Google...
With the second half of 2021 approaches and COVID-19 vaccinations roll out across the globe, albeit at varying rates, Ian Lessem, Managing Partner at HAVAIC, investors in early-stage, high-growth technology businesses, considers the trends making an impact on the African Venture Capital landscape. Homegrown Solutions With the world having adjusted...
While the COVID-19 crisis has reversed the recent global poverty reduction, according to the UN and other experts, it has also sped up financial inclusion via mobile financial services apps provided by crypto, blockchain and FinTech startups. Many people worldwide take for granted the services billions of others struggle to...
A new survey conducted by Amethyst Consultants on SME perceptions of banking products in Kenya showed that up to 95% of SMEs (9 out of 10 companies) in the country use M-Pesa, Vodafone's mobile money service, according to Business Daily Africa. The survey, commissioned by SNDBX, took place between the...
In 2020, the world changed overnight in response to the COVID-19 pandemic. As more organisations adopted and accelerated digital strategies – and with most of us relying on the internet to go about our everyday life – cybercriminals were presented with a huge range of new opportunities to exploit....
After working in Discovery’s R&D lab and being exposed to a broad spectrum of financial services, Thomas Brennan - CEO of Franc, a digital startup that makes investing easy for everyday South Africans - couldn’t understand why only 5% of the country was investing, despite being top in the...
LogBox, a South African medical data startup that claims it is an "absolutely secure" way to replace paper forms and documentation in sharing patient data with doctors, has allegedly exposed user accounts and sensitive patient data following a lapse in security; this according to a report by Techcrunch. According to...
There are currently 180 actively operating health-tech focussed startups across the African continent, according to the High Tech Health: Exploring the African E-health Startup Ecosystem Report 2020 report, released by Disrupt Africa. According to the report, this number of startups has grown by 56.5 per cent over the last three...
South African fintech, Centbee has launched a new feature in its Bitcoin wallet that allows users to purchase prepaid electricity, airtime and data. How to use Centbee to buy essential services with Bitcoin: South African Centbee users will find a new ‘buy’ button in the Centbee app menu where they can...
- Advertisement -

Get in touch

9,200FansLike
22,877FollowersFollow
637SubscribersSubscribe

Recent Posts