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    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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    Lorax and Fawry Double Down on Egyptian Logistics Startup Mylerz With $2mn Top-Up

    The involvement of Fawry, Egypt’s dominant digital payments platform, also signals the growing convergence of payments and logistics in the country’s e-commerce ecosystem.
    Ecosystem News

    With 160% ARR Growth, SA Customer Support Startup Cue Lands $5m to Target the UK

    “We’re at an inflection point for AI in customer service, and we see more businesses starting to realise that they need a unified platform to succeed, not a patchwork of point solutions.”

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    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.
    Partner Content

    GoCab Recruits Former Anka CEO as Ivory Coast Head Months After Anka’s Collapse

    Tabouré takes operational role at vehicle-financing platform months after the collapse of his e-commerce venture

    Latest articles

    Updates

    Lorax and Fawry Double Down on Egyptian Logistics Startup Mylerz With $2mn Top-Up

    The involvement of Fawry, Egypt’s dominant digital payments platform, also signals the growing convergence of payments and logistics in the country’s e-commerce ecosystem.
    Ecosystem News

    With 160% ARR Growth, SA Customer Support Startup Cue Lands $5m to Target the UK

    “We’re at an inflection point for AI in customer service, and we see more businesses starting to realise that they need a unified platform to succeed, not a patchwork of point solutions.”
    Partner Content

    Why Europe’s Development Bank Is Writing Multi-Million Euro Checks for Egyptian Fintechs

    “This isn’t just about capital; it’s a powerful validation.''
    Updates

    MazaoHub’s Josephat Urassa, Engineer Behind Tanzania’s Soil-Data Farming Platform, Dies

    MazaoHub co-founder and chief technology officer, who helped build one of Tanzania's most closely watched agritech ventures, has died.

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