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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

    Debt Structures Drive $185m Rebound in African Tech Funding in March

    Capital raised in April recovers from March slump but remains 30 per cent below 2025 levels as founders turn to alternative financing.
    Analysis & Opinions

    The Quiet Extinction of the African Seed Round: Ten Hard Truths From April’s Funding Data

    If you are a first-time founder with a prototype and a pitch deck, you are competing for a sliver of a sliver.

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    Partner Content

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat
    Partner Content

    A New Expansion Map: African Startups Redraw Routes Through Accra

    From Nigerian defence contractors to Kenyan logistics software, a new cohort of well-capitalised tech firms is bypassing traditional hubs to set up operational bases in Accra.

    Latest articles

    Updates

    Debt Structures Drive $185m Rebound in African Tech Funding in March

    Capital raised in April recovers from March slump but remains 30 per cent below 2025 levels as founders turn to alternative financing.
    Analysis & Opinions

    The Quiet Extinction of the African Seed Round: Ten Hard Truths From April’s Funding Data

    If you are a first-time founder with a prototype and a pitch deck, you are competing for a sliver of a sliver.
    Updates

    South African Logistics Startup Shiprazor Secures $2.65m to Streamline E-Commerce Deliveries

    Founded in 2023 by CEO Sahil Affriya, Shiprazor operates as an infrastructure layer connecting online merchants with a disparate network of delivery providers.
    Updates

    African Biotech Investor OneBio Secures $6m First Close in Test for Continent’s Deep Science Sector

    The fundraising effort marks a notable development in an African venture ecosystem that has historically directed the vast majority of its capital toward financial technology

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

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