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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.
    Read more
    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

    South Africa’s Fintechs Face a Wave of New Data and Open Finance Rules — Here’s the Timeline

    Fintechs that treat this period as worth the resourcing cost are, at minimum, better positioned to anticipate the eventual rules than those that wait for a published standard to react to.
    Updates

    Why Data Matters as Much as Capital in African Agricultural Finance

    Only 1% of bank lending goes to the agricultural sector in Africa —Desmond Koney, CEO of Complete Farmer, writes from Accra, Ghana.

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    Partner Content

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval
    Partner Content

    From Tax Bots to Farm Finance, Hyper-Local AI Is South Africa’s New Battleground

    In an ecosystem often criticised for importing foreign business models, this wave of localised AI, built on proprietary, hard-to-replicate datasets, represents a native competitive advantage.

    Latest articles

    Updates

    South Africa’s Fintechs Face a Wave of New Data and Open Finance Rules — Here’s the Timeline

    Fintechs that treat this period as worth the resourcing cost are, at minimum, better positioned to anticipate the eventual rules than those that wait for a published standard to react to.
    Updates

    Why Data Matters as Much as Capital in African Agricultural Finance

    Only 1% of bank lending goes to the agricultural sector in Africa —Desmond Koney, CEO of Complete Farmer, writes from Accra, Ghana.
    Updates

    African Startup Deal Tracker — Newest Deals

    Here's a closer look at the notable under-the-radar investment activity we're tracking this month.
    Corporate Governance Forum

    Equity Dispute Puts OPay’s Employee Share Scheme Under Scrutiny Ahead of Potential IPO

    A Lagos labour court has dismissed a former employee's claim to shares he says were owed under a stock option scheme, in a ruling that lands weeks after OPay began preparing for a US listing.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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