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    SOUTHERN AFRICA

    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.

    South African Insurtech Naked Secures $38m Funding in Africa’s Largest Sector Deal

    Founded in 2018 by former Ernst & Young executives and actuaries Alex Thomson, Sumarié Greybe, and Ernest North, Naked distinguishes itself through a fully digital, AI-driven insurance platform.

    Global Investors Are Buying Up South African Cybersecurity Firms in Record Numbers

    The feeding frenzy is showing no signs of abating anytime soon.
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    MaxAB-Wasoko Winds Down E-commerce in Morocco as Fintech Becomes Core

    As more startups layer financial services onto distribution networks, the message is clear: surviving Africa’s B2B e-commerce crunch may hinge less on moving goods, and more on financing them.

    Can Temu Crack South Africa’s E-Commerce Market Where Jumia Couldn’t?

    Temu’s expansion comes less than a year after Jumia Technologies AG, often dubbed the “Amazon of Africa,” shut down operations in South Africa and Tunisia.

    Africa’s SWIFT Alternative PAPSS Just Hit 17 Members. Here’s Why That Matters

    While the expanding geographical footprint is significant, the real story lies in the “how.”

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    MaxAB-Wasoko Winds Down E-commerce in Morocco as Fintech Becomes Core

    As more startups layer financial services onto distribution networks, the message is clear: surviving Africa’s B2B e-commerce crunch may hinge less on moving goods, and more on financing them.

    The Legal Booby Traps That Sink Early-Stage Startups

    What advising dozens of African and global founders has taught me about the hidden legal pitfalls startups can't afford to ignore.

    Where the Money’s Going: What Investors Are Backing Outside Africa’s ‘Big Four’ in 2025

    North Africa — especially Morocco and Tunisia — is becoming a testing ground for AI, vertical SaaS, and bundled apps.