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News - South Africa
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Namibia has reached a $89 million agreement with Chinese companies to construct its largest solar power facility
Namibia's state-owned utility, NamPower, has agreed to develop the largest solar power plant in the nation, valued at N$1.6 billion...
Read moreOmnisient, a South African fintech startup, has raised $7.5 million in Series A funding
Omnisient, a "privacy-by-design" startup based in South Africa, has raised US$7.5 million in Series A funding to support its growth across...
Read moreSolarise Africa receives a $8.9 million investment to expand renewable energy projects in South Africa
Solarise Africa, an energy-as-a-service provider for businesses across Africa, has announced a funding agreement with Mergence Investment Managers, resulting in...
Read moreOpen Access Energy, a South African company, has secured $750,000 in a funding round
Open Access Energy (OAE), a South African software company that specializes in optimizing energy transactions, has received a US$750,000 investment...
Read moreHAVAÍC, a South African venture capital firm, has closed the $15 million first close of the US$50 million African Innovation Fund 3
HAVAÍC, a South African venture capital firm, has announced the US$15 million first closure of its third African-focused venture capital...
Read moreTurnStay, a South African travel fintech, has raised $300,000 in funding
TurnStay, a South African travel-focused fintech, has raised $300,000 in funding to expand into other African markets and build on...
Read moreBosso, an e-commerce construction startup in Zambia, raises $400k in pre-seed funding
Bosso, a Zambian startup that offers innovative construction e-commerce solutions to the African building and construction industry, has raised US$400,000...
Read moreMicrosoft makes a $70 million investment in South Africa to enhance AI and create jobs
Microsoft South Africa and the Department of Trade, Industry, and Competition (DTIC) have reached a 10-year deal for Microsoft to...
Read moreOrca, a South African startup, has raised $550,000 to combat fraud in emerging markets
Orca, a South African startup, has raised $550,000 in a pre-seed round. The startup collaborates with emerging market banks and...
Read moreAdumo, a South African fintech company, have been acquired by Lesaka for $85.9 million.
Adumo, a South African fintech company, has been bought by Lesaka for ZAR1.59 billion (US$85.9 million), subject to shareholder and...
Read moreAmazon has launched its online shopping service in South Africa
Amazon has officially launched its online shopping service in South Africa. The company's service launch coincides with a spike in online...
Read moreBuuPass, a Kenyan mobility startup, has acquired QuickBus to expand its operations in Nigeria and South Africa
BuuPass, a Kenyan mobility startup, has bought QuickBus in an effort to expand in Nigeria and South Africa. BuuPass is...
Read moreThe Big 5
