News
Village Capital Awards USD 500 K Grant To African Climate Startups
15+ hour, 23+ min ago (157+ words) Village Capital has concluded the three-year Empowering Sustainable Entrepreneurship Africa (ESEA) initiative, deploying USD 500 K in grant funding to 32 climate-focused startups across Africa. Implemented in partnership with the Norwegian Agency for Development Cooperation (Norad), the programme supported locally led entrepreneurial…...
Holocene Closes USD 3 M Climate Tech Fund For Southern Africa
2+ week, 17+ hour ago (181+ words) Climate-focused venture capital firm Holocene has announced the final close of its USD 3 M Holocene Ventures Fund I (HVF1), described as Southern Africa's first dedicated high-growth climate tech fund. Founded by Josh Romisher, Holocene invests in early-stage climate technology startups across…...
New Shifts Push South African SMEs From Firefighting To Cautious Growth
2+ week, 4+ day ago (556+ words) South African small businesses are shifting from a survival mindset to more deliberate, disciplined growth strategies as economic conditions slowly improve, though lingering global uncertainties keep their optimism in check, a report released on Thursday shows. The latest SME Pulse…...
Aions Ventures Launches USD 6. 1 M Seed Fund To Back South African Tech Startups
3+ week, 3+ day ago (183+ words) South African venture capital firm Aions Ventures has launched Aions Seed Fund I, a ZAR 100 M (USD 6. 1 million) fund aimed at backing early-stage technology startups and helping bridge the funding gap between initial traction and Series A. The fund will invest…...
3 IF Ventures Closes USD 12 M Fund To Back Insurtech Startups Across Africa
3+ week, 3+ day ago (186+ words) Impact venture capital firm 3 IF Ventures has reached a USD 12 M first close of its Inclusive Insurance Investment Fund, a dedicated vehicle backing insurtech startups across Africa. The fund is co-anchored by FSD Africa Investments (FSDAi) and reinsurer ZEP-RE, and…...
Cascador Deploys Over USD 5 M To Seven African Startups Through Catalytic Fund
3+ week, 3+ day ago (189+ words) Cascador, an Africa-focused platform supporting growth-stage entrepreneurs, deployed more than USD 5 M in debt and equity funding to seven African startups during its second annual Pitch Day in Lagos. The capital was distributed through Cascador's Catalytic Fund, which provides up…...
Latest News on African Business, Economy, Startups & Venture Capital
3+ week, 5+ day ago (1647+ words) Canal+ has moved decisively to lock in premium rights across multiple disciplines in a bid to stem churn. On Wednesday, the same day as the JSE listing, the group extended its Premier Soccer League broadcast rights through Super Sport across…...
Canal+ Lists In South Africa With Bold Plan To Reverse DStv Decline
3+ week, 5+ day ago (253+ words) Canal+ has moved decisively to lock in premium rights across multiple disciplines in a bid to stem churn. On Wednesday, the same day as the JSE listing, the group extended its Premier Soccer League broadcast rights through Super Sport across…...
African Fintechs Jostle As Cross-Border Payments Serve Up 'Biggest Opportunity"
4+ week, 17+ hour ago (573+ words) For most Africans, sending money across a border is often a hassle marked by high fees, slow transfers, and funds that disappear for days. But that pain is now driving one of the continent's biggest business opportunities. A new industry…...
Africa's Crowdfunding Agritech Woes Worsen In Collapse Of SA's Top Platform
1+ mon, 15+ hour ago (294+ words) The Gauteng High Court recently placed Livestock Wealth under final liquidation, ending an 18monthlong rescue bid and drawing a line under a platform that had once managed over ZAR 100 M (~USD 6 M) in assets. The ruling followed months of investor complaints over…...