South Africa
SA insurtech startup Root closes a $3M seed funding round
Cape Town-based startup Root has closed a $3 million seed funding round. The startup is a cloud-based end-to-end insurance platform building infrastructure for the digital ...
News
IFC partners with Absa Bank to boost trade finance in Sub-Saharan Africa
IFC has welcomed Absa Bank to its Global Trade Liquidity Program (GTLP). The partnership is aimed at boosting access to trade finance in sub-Saharan Africa, especially ...
News
SA: IHS Towers acquires MTN’s over 5000 telecom towers at $412 million in South Africa
In a deal that will see the MTN group forfeit some of its towers to one of the largest telecommunications infrastructure providers in ...
News
SA: Mobile operators withdraw spectrum lawsuits against ICASA
Telkom, Vodacom and MTN have withdrawn their legal action against communications regulator Icasa over the planned withdrawal of temporarily assigned spectrum at the end ...
South Africa
South Africa startup AI-BO on a mission to disrupt the market research space
AI-BO, a research platform that allows businesses to survey their targeted audience through WhatsApp, aims to democratize research by delivering insights and survey ...
South Africa
SA startup Adbot raises $500K from Enygma Ventures
Adbot, an SA-based online advertising startup has completed a $500K funding round by Engyma Ventures. The funding will be channeled to expand the ...
South Africa
South Africa: Fidelity, Visa and Kingsway Back South African Fintech Jumo in $120m Round
JUMO, a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in ...
News
SA: MTN in bid to buy Telkom
MTN Group recently expressed an interest in acquiring Telkom, Bloomberg News reported on Sunday, citing unnamed sources “familiar with the matter”. Telkom has so ...
South Africa
SA financial education startup FinMeUp raises seed funding
South African startup FinMeUp has raised an undisclosed amount of seed funding to help it add a host of new features to its ...
Innovation
South Africa: MUSTEK Partners ACRONIS, Expands Cyber Protection in SA
MUSTEK, one of South Africa’s largest assemblers and distributors of personal computers and complementary technology products, has announced a partnership with Acronis, a ...