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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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    ‘Our Operations Remain Unaffected’: Livestock Wealth Plays Down Impact of FSCA Sanctions

    "Livestock Wealth (Pty) Ltd has been operational since 2015 without interruption."

    Japanese Solar Giant WASSHA Acquires Kenyan Mobility Startup Zaribee

    Zaribee, formerly known as Unchorlight Kenya, specializes in a rent-to-own model for motorcycle taxi (boda boda) riders.

    AfricInvest Launches $100M Morocco Fund, Marking First Kingdom-Specific Vehicle Since 2012

    The launch marks a significant shift for the Tunis-headquartered firm.

    The 1M Club: Egyptian Insurtech Nice Deer Finds Rare Scale in a Paper-Heavy Market

    The timing of Nice Deer’s scale-up coincides with a massive regulatory overhaul in Egypt.

    Latest articles

    ‘Our Operations Remain Unaffected’: Livestock Wealth Plays Down Impact of FSCA Sanctions

    "Livestock Wealth (Pty) Ltd has been operational since 2015 without interruption."

    Japanese Solar Giant WASSHA Acquires Kenyan Mobility Startup Zaribee

    Zaribee, formerly known as Unchorlight Kenya, specializes in a rent-to-own model for motorcycle taxi (boda boda) riders.

    Island Life, Electric Vibes: The 2035 Deadline Sparking an EV Hardware Scramble in Mauritius

    While Mauritius is world-renowned for its turquoise waters, its domestic energy goals are increasingly industrial.

    “Frictionless” No More: Nigeria’s Tax Reforms Turn Delaware Flips into Million-Dollar Liabilities

    Under Nigeria’s sweeping Tax Reform Acts, what was once a simple paperwork exercise has become a high-stakes tax event that can trigger massive liabilities before a single dollar of new investment reaches the bank.