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

    Nigeria’s Macro Meltdown Puts Alerzo to the Test Amid ₦4.38bn Debt and Asset Freeze

    For a startup that once promised to rewire fast-moving consumer goods distribution across southwest Nigeria, the footage has drawn renewed attention to mounting questions about the company’s viability.

    Senegal’s Sovereign-Backed Fund Oyass Doubles Down on Healthtech Eyone with $1.7m Injection

    With the new capital, Eyone plans to move beyond its core record-keeping functions.

    MaxAB-Wasoko Swaps Founders for Operators in Hunt for Profitability

    Following the departure of Wasoko founder Daniel Yu as CEO late last year, the combined entity is now aggressively reshuffling its regional leadership...

    Bosta’s Blitz: Can a SuperJet Deal and a Planned IPO Fix Egypt’s Last-Mile Growing Pains?

    Bosta is successfully executing the first half of the “Scale-at-All-Costs”

    Latest articles

    Nigeria’s Macro Meltdown Puts Alerzo to the Test Amid ₦4.38bn Debt and Asset Freeze

    For a startup that once promised to rewire fast-moving consumer goods distribution across southwest Nigeria, the footage has drawn renewed attention to mounting questions about the company’s viability.

    Senegal’s Sovereign-Backed Fund Oyass Doubles Down on Healthtech Eyone with $1.7m Injection

    With the new capital, Eyone plans to move beyond its core record-keeping functions.

    Ethiopia Bans Birr-Based Crypto Trading as Forex Pressures Mount

    Any form of Birr-denominated P2P trading or exchange involving cryptocurrencies, the notice added, “is also prohibited.”

    Ten Key Trends That Shaped African Tech Funding in February

    Across 29 disclosed deals, African startups and growth-stage companies raised at least $340.5m in February. The number tells one story. How the money moved tells a different one.