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    Venture Capital & Funding Sources

    Revenue-based Financing: South Africa’s Linea Capital Lands New Investment to Get Creative 

    In a bid to bolster financing opportunities for Small and Growing Businesses (SGBs) in...
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    Ecosystem News

    Flourish Ventures-Backed Investment Platform, Madica, Reveals Initial Portfolio of African Tech Startups

    Madica, a structured investment initiative tailored for pre-seed stage startups across Africa, has unveiled...
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    Ecosystem News

    New Noncompete Rule Means African Startups Headquartered in US May Face More Challenges Retaining Employees 

    A recent ruling by the US Federal Trade Commission (FTC) has stirred discussions regarding...
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    Ecosystem News

    South African Edtech Startup HyperionDev Raises $5M to Explore More UK Expansion

    In a move to fortify its position as a leading player in tech education,...
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    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.
    Updates

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.

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    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.
    Partner Content

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model 

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    Updates

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.
    Updates

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.
    Ecosystem News

    Algerian Super-App Yassir Buys Uno Hypermarkets to Fill the Jumia-Shaped Hole

    The rumoured unicorn is capitalising on Jumia's recent market exit by merging its digital ecosystem with a brick-and-mortar footprint.
    Updates

    After 14 Years of Bootstrapping, Cybervergent Raises $3M Seed to Scale AI Compliance Platform

    The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.

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