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    SOUTHERN AFRICA

    Venture Capital & Funding Sources

    Edge Growth Ventures Raises $2.1M to Back Growth-Stage South African Firms

    Edge Growth’s portfolio already includes firms such as Rentoza, logistics operator DKN Transport, home services startup SweepSouth, among others
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    SOUTHERN AFRICA

    SA’s Scale Raises $700K Pre-Seed to Enable African Fintechs Launch and Manage Card Payments

    The $700,000 in pre-seed funding will allow Scale to accelerate its market entry into three African nations, where the company aims to enable fintechs and other businesses to offer payment solutions that are otherwise challenging to deploy.
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    SOUTHERN AFRICA

    Adumo Shareholders to Receive $12M in Cash Post-Exit as Lesaka Completes Acquisition

    Lesaka’s acquisition of Adumo was valued at approximately ZAR 1.67 billion ($96.2 million).
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    Venture Capital & Funding Sources

    South Africa Backs Early-Stage Startups with $17M State-Led Seed Fund

    The fund aims to deploy capital to at least 50 early-stage start-ups over its investment period, with a specific focus on technology and innovation.
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    Updates

    From Scale-Up to Step-Down: The Six Patterns Defining Africa’s Tech CEO Exodus

    Most of these companies raised their defining early rounds during a narrow window when African tech attracted serious institutional capital for the first time.
    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Sponsored Posts

    Partner Content

    Nigeria’s Alerzo Dissolves Singapore SPVs Amid Asset Freeze and Legal Battle

    The FMCG distribution startup is battling a $2.8m debt recovery suit from Moniepoint as macroeconomic headwinds batter the country's B2B commerce sector.
    Partner Content

    The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom

    Global buyers are snapping up Cairo-based marketing startups, capitalising on years of rigorous local consolidation.

    Latest articles

    Updates

    From Scale-Up to Step-Down: The Six Patterns Defining Africa’s Tech CEO Exodus

    Most of these companies raised their defining early rounds during a narrow window when African tech attracted serious institutional capital for the first time.
    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Hard Talks

    From a Failed Merger to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure — “Localisation is non-negotiable”

    "We’re processing around seven million unique verifications per month, up from 4.7 million."
    Updates

    Geographic Borders Blur as Africa-Focused Funds Chase Global Infrastructure

    A series of recent funding rounds involving prominent African venture investors reveals a quiet but significant shift: the continent's most active backers are writing cheques for companies that may never prioritise Africa at all.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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