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    SOUTHERN AFRICA

    South Africa’s Standard Bank Pours $11M Into Local Fintech Startup Float

    In a significant boost to South Africa’s burgeoning fintech sector, Standard Bank has announced...

    XSML Capital Launches $98.7m African Rivers Fund IV, Doubling Investment Impact in Central and Eastern Africa

    XSML Capital, a prominent growth capital provider to Small and Medium Enterprises (SMEs) in...

    South Africa’s Simera Sense Secures $14.8m to Boost Small Satellite Earth Observation

    Simera Sense, a South Africa-based leader in end-to-end optical payload solutions for the small...

    TDB Group Commits $2 Million Loan in MPower Ventures to Enhance Solar Access in Zambia

    In a bid to enhance access to modern and affordable energy solutions in Zambia,...
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    How £21M of Debt Sank the Fresh Funding Quest for Failed SA Startup WhereIsMyTransport

    Despite raising over $27 million in funding since its inception in 2016, the company had only £180,000 (approximately $225,000) left to settle its obligations as of the date of filing for insolvency...

    Renew Capital Investment Series: South Africa’s Pumpkn to Boost Agri-SME Funding 

    Pumpkn, a South African agritech startup aiming to bridge the funding gap in the African agricultural sector, has secured an undisclosed investment from Renew Capital, an Africa-focused impact investment firm. This marks Renew Capital’s first-ever investment in South Africa. Agriculture is a major contributor to...

    ASEP 2024: Applications Open for Algerian Startups to Explore Global Tech Hubs for Free

    The Algerian Ministry of Knowledge Economy, Startups and Micro-entreprises has officially launched the International Visits Program for Algerian Startups (ASEP 2024), an initiative designed to bolster the growth and global reach of the country’s burgeoning startup scene. Unveiled by President Abdelmadjid Tebboune during the opening...

    Open Startup Opens Applications for OST Support Program for Senegalese, Tunisian, and Moroccan Startups

    Open Startup (OST) is a non-governmental organization dedicated to fostering innovation through entrepreneurship, education, and intercultural exchanges. By connecting ecosystems across Africa and beyond, OST aims to build communities that promote innovation and capacity development. On Wednesday, June 26, 2024, OST announced the opening...

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    How £21M of Debt Sank the Fresh Funding Quest for Failed SA Startup WhereIsMyTransport

    Despite raising over $27 million in funding since its inception in 2016, the company had only £180,000 (approximately $225,000) left to settle its obligations as of the date of filing for insolvency...

    Renew Capital Investment Series: South Africa’s Pumpkn to Boost Agri-SME Funding 

    Pumpkn, a South African agritech startup aiming to bridge the funding gap in the...

    Nigeria’s Blueroomcare Raises Pre-Seed Funding to Tackle Mental Health Crisis in Africa

    Blueroomcare, a Nigerian digital therapy service offering affordable and accessible mental healthcare, has secured...

    Meet the 10 African Cleantech Startups Selected for the Blue Wave and Regen Wave Initiatives

    Ten innovative African startups are making waves in the clean technology sector, having been...