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    SOUTHERN AFRICA

    Can EVs Survive Blackouts? South Africa’s State Bank Puts $5.6M Behind One Startup’s Answer

    “This show of faith by the DBSA is not just financial — it is symbolic.”

    South African Fintech Startup Stitch Raises $55M in New Funding Round

    The funding follows Stitch’s recent expansion efforts, including the acquisition of payment provider Exipay earlier this year.

    TymeBank Deposits Surge to $385m as Digital Lender Builds on Unicorn Status

    The increase in deposits from R6.3bn ($347.11m) in June 2024 reflects the continued growth of the digital lender, which reached a milestone of 10.7m customers by the end of December.

    Tech Giant Microsoft Pours $298m into South Africa’s AI Infrastructure

    The announcement arrives at a complex juncture for South Africa, which has recently faced strained relations with the United States.
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    Ghana’s Complete Farmer Secures $2.5M EU Funding to Scale Agritech in Underserved Northern Regions

    Founded in 2017 by Ghanaian entrepreneur Desmond Koney, Complete Farmer operates a digital platform that connects smallholder farmers to global buyers and agricultural input vendors.

    Nigeria’s PaidHR Raises $1.8M to Modernize Payroll and People Management Across Africa

    The new funding builds on a $500,000 pre-seed round closed in late 2022.

    Nigerian B2B E-Commerce Startup Sabi Cuts 20% of Workforce in Major Restructuring Push

    In an official statement, Sabi framed the layoffs as a difficult but necessary step to align with its long-term strategy.

    Latest articles

    Ghana’s Complete Farmer Secures $2.5M EU Funding to Scale Agritech in Underserved Northern Regions

    Founded in 2017 by Ghanaian entrepreneur Desmond Koney, Complete Farmer operates a digital platform that connects smallholder farmers to global buyers and agricultural input vendors.

    Nigeria’s PaidHR Raises $1.8M to Modernize Payroll and People Management Across Africa

    The new funding builds on a $500,000 pre-seed round closed in late 2022.

    The Rulebook for Egypt’s Fintech Startups Has Changed. Here’s How to Get Licensed

    Existing fintech startups must apply for a license within 12 months.

    Crypto for Groceries? South Africa’s Luno Pay Finds Traction Where Others Stalled — ‘80% of Our Users Returning Weekly’

    What once seemed like a utopian pitch — that cryptocurrencies could serve as everyday money — is edging closer to real-world use.