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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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    Updates

    Shoprite Joins South Africa’s Corporate Scramble for a Fintech Edge

    Standard Bank’s research found that eight out of 10 businesses in the informal sector are unregistered, making access to finance for expansion nearly impossible
    Updates

    Strategy vs. Execution: The Critical Diagnostic Leaders Miss Before Pivoting

    Before business leaders throw out a strategy that is not delivering, they should ask a more uncomfortable question. James Hughes, a business coach at Grow, writes from Cape Town, South Africa.

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    Industry

    ANKA Splits B2B and Consumer Arms as New Owner Attempts Post-Insolvency Comeback

    Global Shop Group restores the Afrikrea consumer brand as it navigates parent company liquidation, founder exits, and a 537,000-user data leak.
    Industry

    Swvl Lands Sawiris Family Backing in $13M Push for U.S. Expansion

    Cairo-born mobility group secures $13m from Sawiris family vehicle as it tries to convert a fragile turnaround into American growth.

    Latest articles

    Updates

    Shoprite Joins South Africa’s Corporate Scramble for a Fintech Edge

    Standard Bank’s research found that eight out of 10 businesses in the informal sector are unregistered, making access to finance for expansion nearly impossible
    Updates

    Strategy vs. Execution: The Critical Diagnostic Leaders Miss Before Pivoting

    Before business leaders throw out a strategy that is not delivering, they should ask a more uncomfortable question. James Hughes, a business coach at Grow, writes from Cape Town, South Africa.
    Updates

    Kylian Mbappé-Backed Healthtech Unicorn Alan Makes First African Acquisition

    Tanel will be rebranded under the Alan name.
    Ecosystem News

    Uber to Exit Nigeria After 12 Years Despite $100M Bet on Vehicle Financier Moove

    Silicon Valley ride-hailing giant winds down West African operations as macroeconomic pressures and state-backed competitors squeeze margins.

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