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    SOUTHERN AFRICA

    Venture Capital & Funding Sources

    Sanari Capital Targets Technology-Driven Growth with New $80M Africa-Focused Fund

    The fund’s investors include prominent South African pension funds and workers' unions.
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    SOUTHERN AFRICA

    Trading Platform Banxso Confronts South Africa’s Investment Regulator in a Rare Fiasco

    According to FSCA statements, Banxso reportedly contacted clients, implying that its FSP license had been reinstated and that it could legally resume trading activities.
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    Ecosystem News

    MultiChoice’s Fintech Arm ‘Moment’ Reaches $80M Valuation Following Recent $22M Funding Round

    Founded in 2023, Moment is a joint venture between MultiChoice, payments platform Rapyd, and venture capital firm General Catalyst.
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    SOUTHERN AFRICA

    TymeBank’s Indonesian Expansion Gains Momentum with $2.5M New Funding Support

    This partnership marks Tyme’s strategic expansion into Southeast Asia’s financial landscape, building on its established presence in South Africa and the Philippines while offering Finfra valuable international exposure.
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    Updates

    Township Fibre, Mortgage Tech, and $168M in Domestic Dry Powder

    Four years after spinning out of Ethos PE, the Johannesburg-based firm signals a rare vote of confidence from local pension funds.
    Policy & Regulations Forum

    The Secret Antitrust Battle That Helped Sink Koko Networks

    The collapse of Kenya's largest clean-cooking company is blamed on a government refusal to authorise carbon credit sales. A court ruling in Nairobi shows that a competition inquiry into its main supply contract was running alongside that dispute.

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    Industry

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.
    Industry

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Latest articles

    Updates

    Township Fibre, Mortgage Tech, and $168M in Domestic Dry Powder

    Four years after spinning out of Ethos PE, the Johannesburg-based firm signals a rare vote of confidence from local pension funds.
    Policy & Regulations Forum

    The Secret Antitrust Battle That Helped Sink Koko Networks

    The collapse of Kenya's largest clean-cooking company is blamed on a government refusal to authorise carbon credit sales. A court ruling in Nairobi shows that a competition inquiry into its main supply contract was running alongside that dispute.
    Updates

    Egypt’s CIB Backs MNT-Halan With $37M Anchor Investment Ahead of IPO

    The country’s largest private bank commits EGP 2bn to the upcoming Cairo stock market listing.
    Policy & Regulations Forum

    Free Transfers, Capped Fees: Inside the Pricing Shock Facing West Africa’s $267B Mobile Money Market

    From 2 November, all electronic-money transfers in the eight-nation WAEMU bloc must run through a single central bank platform. Transfers up to 8,000 FCFA a day are free. Above that, fees are capped at 0.8 per cent.

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