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    SOUTHERN AFRICA

    Zambia’s Premier Ride-hailing Startup, Ulendo, Enters Liquidation

    In a major development impacting Zambia’s ride-hailing landscape, Ulendo Taxi Limited, the pioneering ride-hailing...

    Alleged Involvement in Scam: Banxso Draws Regulatory Scrutiny in South Africa

    Cape Town-based online trading platform Banxso finds itself under the regulatory microscope following allegations...

    South Africa’s Spatialedge Secures $3.1M Investment to Accelerate Retail Technology Innovation

    Spatialedge, an AI-driven software company based in Stellenbosch, South Africa, has recently secured R60...

    Transaction Capital Steers South Africa’s WeBuyCars to Landmark IPO Three Years After

    In a significant milestone for the Johannesburg Stock Exchange (JSE), WeBuyCars, the used-car business...
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    IFC Puts $120m Into Zafiri, a Clean Energy Fund Aiming to Reach 30m Africans

    Zafiri will serve as a blended finance vehicle — meaning it uses a mix of concessional (low-cost) and commercial capital — to help de-risk investments in companies delivering DRE solutions.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week.

    10,000 Interns and Counting: The Massive Tech Skills Offensive Led by Egypt’s ITIDA

    The payoff is starting to show. In the fiscal year 2022–2023, Egypt’s IT-enabled services sector grew by 54.2%, reaching $3.7 billion in exports.

    9 in 10 African Companies Lack AI Skills. SA’s WeThinkCode Just Got $2M From Google to Fix It

    WeThinkCode, founded in Johannesburg in 2015, runs tuition-free, aptitude-based coding programmes designed to make digital careers accessible to underrepresented communities.

    Latest articles

    IFC Puts $120m Into Zafiri, a Clean Energy Fund Aiming to Reach 30m Africans

    Zafiri will serve as a blended finance vehicle — meaning it uses a mix of concessional (low-cost) and commercial capital — to help de-risk investments in companies delivering DRE solutions.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week.

    The South African Powering Chime’s $18.4 Billion Nasdaq Debut

    Serving as Chime’s Chief Operating Officer since 2019, he played a crucial role in guiding the company through pandemic-era volatility

    From Dakar to Marseille: Southern France Woos African Startup Founders

    For founders considering a European expansion strategy, southern France — often overlooked in favor of Paris or Berlin — may now be worth a serious look.