A well-travelled South African chartered accountant with an M&A background reckons he's seen what the African investment scene is missing. His fix for Big Money's blind spots? More Big Money.
South African startup Verascient has raised ZAR19.5 million (US$1.2 million) in funding to help companies build faster and more capable teams using AI. Founded by Keagan Stokoe and Emile Ferreira, the Cape Town-based Verascient delivers the operating system and expertise companies need to successful
South African AI infrastructure startup Verascient has raised $1.2 million in an oversubscribed seed round as it builds technology designed to help businesses move from experimenting with artificial intelligence to deploying AI agents across everyday operations. The round was led by Founder Collecti
ASUS Republic of Gamers is stepping up its focus on Kenya’s gaming and digital-creation market, using Nairobi’s Otamatsuri 2026 to put high-performance hardware in front of a growing community of gamers, artists, animators and developers. The ASUS ROG brand was the official technology partner for th
If you examine digital businesses, you’ll find that many of these aren’t built entirely from scratch. A fintech startup can connect to an existing payment network, an e-commerce company can tap into an external logistics service, and a gaming platform is able to integrate products created by numerou
Less than 18 months after launching MonieWorld to serve Nigerians in the UK, Moniepoint, the Nigerian fintech unicorn, is discontinuing the diaspora-focused business after what it says was a thorough review of the group’s portfolio and long-term priorities.
Flowt, a Nairobi-based financial technology startup has raised pre-seed funding to expand access to working capital for Africa’s climate-focused small businesses. Founded by Elana Laichena, Flowt raised the pre-seed round from Delta40 Fund I, Impacc and Argidius Foundation and has issued its first w
In today's edition: Moniepoint is phasing out remittance product || Courier platforms must submit data in Kenya || MTN targets 30 million fintech users in Nigeria || Nigeria is getting two new satellites
The blockchain shutdown could end an important funding pipeline for African early-stage Web3 startups at a time when venture capital for the sector remains scarce.
The move marks ThriveAgric's first foray into Nigeria’s debt capital markets and opens another channel beyond bank lending for a company whose core challenge has long been access to the right kind of capital.
Egypt’s Exits MENA, the region’s first investment platform and advisory firm focusing on startups and SMEs, has announced the signing of a multi-seven-figure transaction to acquire Avanz Capital Egypt (ACE), a private equity and asset management firm. Founded in 2022 by Mohamed Abuelnaga Nagaty, Aym
South Africa is producing no shortage of promising startups. The real challenge is helping more of them become investable businesses, writes Kerryn Campion, COO at Aions Venture. Many of them occupy an uncomfortable middle ground. They have moved beyond an idea and may already have a working product
South African startup My AI Lawyer has launched to offer an affordable artificial intelligence (AI) legal advisor you can access online, and at any time. Available on the web and via WhatsApp, My AI Lawyer provides users with practical, on-demand guidance on everyday legal questions. The secure, mob
Powered by People, a commerce technology company with deep roots in Africa, has raised new funding led by the BESTSELLER Foundation as it seeks to build infrastructure that could help independent brands compete in an increasingly AI-driven global marketplace. The financing was led by the BESTSELLER
TechMoran, Africa’s pioneer startups and technology news media, is launching StartupEast Conference & Awards, a new platform aimed at identifying East Africa’s early-stage startups and connecting them with investors, customers and strategic partners. The initiative opens with a call for nominations
Regulators want greater visibility into how digital assets—especially stablecoins and their role in payments—move on blockchains as they seek to manage risks to monetary sovereignty. However, running observer nodes could increase compliance costs for stablecoin issuers, who may need to hire managed
In today's edition: Quizzes || Uber, Bolt aren’t banned from Nigerian airports—yet || Comsol is building a wholesale 5G network for SA || Who secured the bag? 💰
