SmartWage
Funding Investment Venture Capital

South Africa’s Smartwage Raises $2m to Bridge Gap Between Businesses and Their Frontline Employees

SmartWage, an HR and communications technology startup, has raised a USD$2 million oversubscribed seed funding round to support its vision

OLX
Ecommerce

Classified Ecommerce Platform OLX Closes Shop in South Africa

OLX, a classified ecommerce platform, has been shut down in South Africa. Visitors to the platform’s website were greeted with

Planet42
Funding Investment Mobility Venture Capital

South Africa’s Planet42 Raises $30m in Equity and Debt Funding

Planety42, a South African car subscription platform, has raised $30 million in equity and debt funding. The $5.8 million equity

Amazon
Ecommerce

What African Headquarters of Amazon in SA Means For E-Commerce

Amazon is scaling its presence in Africa by officially establishing its headquarters in Cape Town, South Africa. The headquarters will

Jumia
Business Ecommerce Jumia

Jumia Expands Food Delivery Service to Egypt Following Exit of Uber Eats

Jumia has said that it’s expanding its online food delivery service to Egypt after the exit of Uber Eats from the

Aerobotics
AgricTech Funding Investment Venture Capital

FMO and Cathay AfricInvest Innovation Invest in SA’s Aerobotics

FMO and Cathay AfricInvest Innovation have announced their investment in Aerobotics, a South African AgriTech startup developing intelligent tools to

WeBuyCars
Acquisition Business Investment

Transaction Capital Acquires 49.9% Stake in South Africa’s WeBuyCars

Transaction Capital has announced that it had concluded a subscription deal to buy a 49.9percent stake in automotive retailer WeBuyCars

Luno
Acquisition Bitcoin Cryptocurrency Investment

Digital Currency Group Acquires Luno For an Undisclosed Amount

Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies, today announced the acquisition of Luno, a

Jiji
Africa Digital Funding

Digital Classified Platform, Jiji Scores $21m Series C to Boost Growth in Existing Markets

Jiji, an African focused digital classified platform has raised $21 million in Series C and C-1 funding from six investors,

SweepSouth
Funding Investment Venture Capital

South Africa’s Online Cleaning Service SweepSouth Raises $3.3m Round to Scale its Services

SweepSouth, the online platform providing on-demand and regular home cleaning services has raised $3.3 million round to grow its market