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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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    How an Irish Family Office and the DRC’s Postal Service Are Building a Digital Bank for 100m People

    From launch, Poste Finance will offer accounts that hold multiple currencies, transfers and the ability to receive salary payments.
    Updates

    Egypt’s Reme-D Raises $1.45M to Bring Fridge-Free Diagnostic Tests to Africa’s Remote Clinics

    Since 2023, Reme-D has developed and launched 30 molecular diagnostic products from its manufacturing facility in Cairo.

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    Partner Content

    From Pilot to Profit: Kenya’s Jackfruit Finance Takes Its School Lending Model Across East Africa

    The move to a revenue-sharing arrangement marks a transition away from subsidised pilot funding.
    Partner Content

    Koko Networks Puts Ethanol Platform on the Block in $15m Asset Sale

    The sale is being targeted at corporate and institutional participants with demonstrated financial capacity to conclude a transaction exceeding $15m.

    Latest articles

    Updates

    How an Irish Family Office and the DRC’s Postal Service Are Building a Digital Bank for 100m People

    From launch, Poste Finance will offer accounts that hold multiple currencies, transfers and the ability to receive salary payments.
    Updates

    Egypt’s Reme-D Raises $1.45M to Bring Fridge-Free Diagnostic Tests to Africa’s Remote Clinics

    Since 2023, Reme-D has developed and launched 30 molecular diagnostic products from its manufacturing facility in Cairo.
    Updates

    Acumen’s ARAF Fund Raises $90m to Take Its Climate-resilience Playbook to North Africa

    "Climate change is a fact of life, and climate resilience for farmers is the difference between a good season and the risk of losing everything."
    Updates

    Vercel Extends Acquisition Spree With Egypt’s Stakpak Deal

    P1 Ventures vindicated as Vercel snaps up second portfolio company in a week.

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