South Africa
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Funding
South African Home Services Startup, Kandua, Lands Series A Funding Round
South African internet-based marketplace for home services, Kandua, has announced that it has secured a significant pre-Series A fundraising round…
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Renewable energy
South Africa’s Nedbank secures US$64.5mn to finance green projects
Financial services group Nedbank has secured R910mn (US$64.5mn) to finance green infrastructure projects in South Africa. The capital raise comes…
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Healthcare
South Africa’s E-health startup iNNOHEALTH secures seven-figure seed capital
Cape Town-based E-health startup, iNNOHEALTH, has raised a seven-figure investment from a Hong Kong-based VC. The investment will go to expanding the…
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Funding
Data sharing start-up, Omnisient, lands US$1.4mn funding
Omnisient, a Cape Town-based start-up that specializes in secure data-sharing for businesses, has raised US$1.4 million (R19 million), as it…
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Funding
Venture capital firm, Kalon Ventures Partners, secures US$17.5mn for tech Start-ups as Section 12J initiative comes to an end
Kalon Venture Partners, a South African venture capital company has successfully completed its final Section 12 J capital raise with…
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Supply chain & logistics
South Africa’s on-demand delivery service App Droppa teams up with Elite Truck hire to expand its service nationally
Droppa, an on-demand delivery service alongside Elite truck hire has inked a deal to expand the service offering in an effort to…
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Life Style
Black hair care and lifestyle brand startup, Brown and Ayo has bagged $280k from Enygma Ventures
Enygma Ventures has announced a R4-million ($280k) investment into Cape Town-based black hair care and lifestyle brand Brown and Ayo. The investment…
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Edtech
South African ed-tech startup, HyperionDev, has landed $3.5 mn in a Series A funding round
HyperionDev, a Cape Town-based ed-tech startup, has raised US$3.5 million in Series A funding to enable it to expand its…
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Business Journey (How Tos)
The Key to Boosting Women in Tech in South Africa
Women remain a largely untapped resource in the technology talent pool in South Africa. The statistics don’t lie: there are only 56000 women…
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Financial Services
AfDB and Italian Technical Cooperation Fund extend US$1.18mn grant to boost agriculture value chains in Mozambique
The African Development Bank (AfDB), with financing from the Italian Technical Cooperation Fund, has provided a €990,000 (US$1.18 million) grant to…
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