Naspers
Venture Capital

Naspers Shuts Down Naspers Foundry, its SA Focused VC Arm

Naspers has shut down Naspers Foundry, its $100 million South Africa-focused venture capital fund. Despite the closure, Naspers says it

Scam
Cyber security

The Anatomy of a Scam: Psychological Tricks Payment Fraudsters Use to Get Their Way

The rise in finance and accounting cybercrime and scam through phishing and Business Email Compromise (BEC) has made headlines with massive implications

Google
Startup

Apply for the Google for Startups Black Founders Fund 2023

Applications for the third cohort of the Black Founders Fund for Startup powered by Google has now opened in Africa

Releaf
AgricTech Funding Investment Venture Capital

Releaf, a Nigerian Agritech Startup Receives a $250k Investment From Plesion Capital

Releaf, a Nigerian agritech company, has raised a $250,000 investment from Plesion Capital, a social impact venture capital firm. Releaf’s

ARM Labs Techstars
Accelerator

ARM Labs Techstars Program Unveils 12 Startups For its Inaugural Cohort 

The ARM Labs Techstars Accelerator program has unveiled its inaugural cohort of 12 startups – 10 Nigerian and 2 Kenyan.

Leapfrog Ventures
Funding Venture Capital

Convergence Partners Raises $296m to Drive Digital Inclusion Across Africa

Convergence Partners, a private equity investor dedicated to the technology sector across sub-Saharan Africa, has announced the closing of its

Starlink
Internet

Elon Musk’s Starlink Set to Launch in Kenya

Starlink, Elon Musk‘s satellite internet company, has disclosed plans to launch in Kenya in the second quarter of 2023. The

Funding Investment PropertyTech Venture Capital

VENCO Secures $670,000 Pre-seed Funding to Deliver Digital Solutions for Residential and Commercial Properties in Africa

VENCO, a technology company that provides solutions to enhance living experiences in African residential and commercial communities, has secured $670,000

Orda
Funding Investment Venture Capital

Orda Raises $3.4m Seed Round to Digitise African Restaurants

Orda, an African restaurant cloud operating system provider, has raised a $3.4 million seed round to further digitize food businesses

Black Friday
Business Ecommerce

The Hidden Price Tag of Black Friday: The Most Popular Scams and How to Avoid Them

The promise of a great bargain is attractive for SA shoppers, but cybercriminals have special scams of their own in-store