South African AI company Locstat secures $2.9M to expand graph-powered analytics platform into european markets
Postado por
Editorial
em 24/10/2025
em
TECH NEWS
Cape Town-based startup brings African-tested fraud detection and real-time data intelligence technology to UK and EU financial institutions...
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Yango Group invests in Kenyan fintech Zanifu to strengthen SME financing in Africa
Postado por
Editorial
em 16/10/2025
em
TECH NEWS
The company has already financed 15,000 SMEs, disbursing tens of millions of dollars in loans, and continues to demonstrate the transformative role of fintech in empowering local economies....
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Amazon backs South Africa’s first shared solar wheeling initiative
Postado por
María Laura Palacios, CEO de G&L Group
em 09/10/2025
em
MARKET & INDUSTRY
Project marks a new stage in corporate renewable energy sourcing across the continent...
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South Africa opens G20 task force meeting on AI and data governance
Postado por
Editorial
em 30/09/2025
em
TECH NEWS
In his opening remarks, Minister Malatsi underscored AI’s role as “a profound transformative force” shaping economies, societies, and governance worldwide....
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LINK Mobility purchases South African messaging provider SMSPortal for $115 Million
Postado por
Editorial
em 23/09/2025
em
TECH NEWS
European messaging company acquires Cape Town-based A2P SMS provider to expand beyond European markets. Transaction values SMSPortal at 4.6x cash EBITDA based on $112 million revenue and $25 million EBITDA performance....
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Six African startups secure $400,000 in FINCA Ventures Competition
Postado por
Editorial
em 19/09/2025
em
TECH NEWS
Early-stage ventures in climate-smart agriculture and fintech receive catalytic funding and global exposure through FINCA Ventures’ flagship prize....
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AI assessment platform secures $11M to drive global expansion
Postado por
Editorial
em 04/09/2025
em
TECH NEWS
South African startup specializing in AI-powered exam monitoring raises significant funding from international investors. The capital will fuel technology development and market expansion across North America, Europe, Asia, and the Middle East....
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StraTech secures funding from VEA Capital Partners to expand corporate finance infrastructure in Africa
Postado por
Editorial
em 26/08/2025
em
TECH NEWS
The South African fintech will use the investment to grow its regional presence, strengthen its core platform, and expand hiring across engineering, operations, and commercial teams....
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South African Competition Commission clears Crossfin's full acquisition of Sybrin Holdings
Postado por
Editorial
em 25/08/2025
em
TECH NEWS
Regulatory body approves fintech investment firm's bid to acquire complete control of software services company without imposing conditions. Transaction builds on existing joint ownership structure between the two entities....
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Street Wallet raises $350K to democratize digital payments for SA's informal sector
Postado por
Editorial
em 18/08/2025
em
TECH NEWS
The Cape Town-based fintech enables cashless transactions for unbanked vendors via QR technology. Fresh funding will expand access to financial services across townships. Valuation hits $2M as investors bet on inclusive digital growth....
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South Africa’s R58 million boost aims to elevate next generation of tech entrepreneurs
Postado por
Editorial
em 14/08/2025
em
TECH NEWS
A new partnership between Telkom FutureMakers and Aions Creative Technology channels funding, mentorship, and strategic support to help emerging startups scale and secure investment....
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TurnStay raises $2M to expand cross-border payment solutions for african tourism
Postado por
Editorial
em 07/08/2025
em
TECH NEWS
South African fintech processes over R250 million in transactions, offering payment infrastructure that reduces costs by up to 70% for travel operators across the continent...
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Squirrel Away launches micro-investment platform for children in South Africa
Postado por
Editorial
em 30/07/2025
em
TECH NEWS
South African financial technology startup introduces micro-investment platform allowing families to build children's wealth through ETFs, targeting country's significant unbanked population with community-focused gifting approach.
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South African HR tech startup Jem secures Zuko Mdwaba as strategic partner and investor
Postado por
Editorial
em 30/07/2025
em
Executive Moves
Technology veteran who built Salesforce and Workday's African operations joins the company focused on financial and HR solutions for frontline employees as it targets enterprise market expansion....
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Swedfund invests USD 10 million to support MSME lending in East and Southern Africa
Postado por
Editorial
em 25/07/2025
em
TECH NEWS
Swedish development finance institution provides funding to expand MSME access to formal credit across Kenya, Uganda, Tanzania, and Zambia, with focus on women-owned businesses and climate-resilient agriculture....
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South African-Born Cerebrium raises $8.5M to simplify multimodal AI deployment
Postado por
Editorial
em 17/07/2025
em
TECH NEWS
With a lean team and a serverless approach, Cerebrium is helping developers deploy AI applications at scale, all while showing the global potential of African tech talent.
...
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Stitch Secures $55M Series B as Rally Cap Reduces Stake
Postado por
Editorial
em 17/07/2025
em
TECH NEWS
Rally Cap’s partial exit follows Stitch’s growth push and a Series B round.
...
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