More
    HomeEcosystem NewsSOUTHERN AFRICA

    SOUTHERN AFRICA

    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.

    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.

    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.

    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.
    spot_img

    Keep exploring

    Africa’s Founder Exit Wave Is Hitting Health-Tech Hardest

    Growing CEO departures in 18 months mark the end of the continent's "blitz-scaling" era and the uncomfortable arrival of institutional governance.

    Once Bitten, Twice Global: Africa’s Stablecoin Darlings Build Their Escape Hatches

    As global investors pour millions into African cross-border infrastructure, local central banks appear to be pushing back.

    Airtel Africa Picks London for $245bn Mobile Money IPO but Faces Independence Test

    Rapid growth and 56.5m users make it Africa’s hottest tech float. But privately negotiated intra-group fees threaten to cloud its standalone public valuation.

    1M Users in 8 Years, 9M in 6: The Smartphone Pivot Driving M-KOPA’s Hypergrowth

    The group now signs up about 10,000 new customers daily.

    Latest articles

    Africa’s Founder Exit Wave Is Hitting Health-Tech Hardest

    Growing CEO departures in 18 months mark the end of the continent's "blitz-scaling" era and the uncomfortable arrival of institutional governance.

    Once Bitten, Twice Global: Africa’s Stablecoin Darlings Build Their Escape Hatches

    As global investors pour millions into African cross-border infrastructure, local central banks appear to be pushing back.

    Jumia Secures $50m IFC-Backed Emergency Raise After Total Equity Crashes 98%

    African e-commerce group Jumia Technologies was left with just $367,000 of total equity at the end of June

    Branch Closure Rumours Put Egypt’s Non-Bank Finance Regulation Under the Spotlight

    Egypt’s Financial Regulatory Authority (FRA) has issued a statement categorically denying reports that it ordered the closure or operational suspension of branches operated by non-banking financial institutions, most of them fintech firms.