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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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    Kenyan Agritech Giant Twiga Enters Statutory Administration after Creditor Battles

    The administrative filing marks a significant setback for Twiga Foods, long viewed as a flagship venture model in East Africa.
    Industry

    14% to 4%: How Nigerian Regulation Took a Bite Out of Optasia’s Growth

    Ghana remains the group's largest African market by revenue, but a regulatory suspension in Nigeria has sharply reduced its contribution.

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    Industry

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.
    Industry

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.

    Latest articles

    Updates

    Kenyan Agritech Giant Twiga Enters Statutory Administration after Creditor Battles

    The administrative filing marks a significant setback for Twiga Foods, long viewed as a flagship venture model in East Africa.
    Industry

    14% to 4%: How Nigerian Regulation Took a Bite Out of Optasia’s Growth

    Ghana remains the group's largest African market by revenue, but a regulatory suspension in Nigeria has sharply reduced its contribution.
    Updates

    Egypt’s Synapse Analytics Raises $13M to Expand AI Decisioning for Regulated Lenders

    The financing round was led by Paris-headquartered venture firm Partech, with participation from regional investors Algebra Ventures and Silicon Badia.
    Ecosystem News

    Airnergize Capital Secures $239m Clean Energy Fund Anchored by DBSA

    The investor group combines South Africa’s major commercial balance sheets — including RMB Ventures, Standard Bank, Nedbank, and parent entity New GX Capital — with state development capital.

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