Cerebrium Raises $8.5M to Scale Serverless AI Platform
Cerebrium, the serverless artificial intelligence (AI) platform founded in Cape Town and now headquartered in New York City, has raised
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Cerebrium Raises $8.5M to Scale Serverless AI Platform
Cerebrium, the serverless artificial intelligence (AI) platform founded in Cape Town and now headquartered in New York City, has raised
Standard Bank Invests R400m in Paymenow to Expand EWA in Africa
The Standard Bank Group (Standard Bank) has extended a R400 million working capital facility to local earned wage access (EWA)
Kholo Capital Invests R200 Million in Bayport SA to Tackle Employee Debt and Boost Financial Wellness
Kholo Capital has invested R200 million in Bayport South Africa (BayPort SA) through its Kholo Capital Mezzanine Debt Fund. The
Competition Commission Makes U-Turn on Vodacom-Maziv Merger
The Competition Commission (Commission) has reversed its earlier recommendation to prohibit the merger between Vodacom and Maziv, following the parties’
E Squared Investments Exceeds R1 Billion in Startup Funding
Allan-Gray backed venture capital (VC) firm, E Squared Investments (E Squared), has crossed the R1 billion milestone in total funding
African Startups Raise $365M in June, Totalling $1.4B in H1 2025
African startups raised $365 million in funding for the month of June, pushing total funding raised in the first half
South Africa’s First Refill Grocery Store Opens in Diepsloot
South Africa’s first refill grocery store, Skubu, has officially launched in Diepsloot, Johannesburg. The initiative is backed by the
Lesaka Technologies to Acquire Bank Zero in R1.1 Billion Deal
Lesaka Technologies (Lesaka) is set to acquire digital Bank Zero for up to R1.1 billion, pending regulatory approvals. The
South Africa Launches Online Stores for Local Products and SMMEs
The Department of Trade, Industry and Competition (DTIC) in partnership with Proudly South African (Proudly SA), has announced the launch
Google Selects 15 African AI Startups for 2025 Accelerator Programme
Google has announced the 15 African startups selected for its Google for Startups Accelerator: Africa Class 9 programme. These startups
Naspers Reports 20% Revenue Growth and 18x E-Commerce EBIT Surge in 2025
Technology investor Naspers has reported robust growth for the financial year ending 31 March 2025, driven by a strong performance
Takealot Reports Strong Growth Amidst Amazon South Africa Competition
The Takealot Group, South Africa’s leading e-commerce player, has reported significant growth for the second half of 2025, despite