African Startup Funding Hits $1.4 Billion in H1 2026 as June Sparks Recovery
African start-ups raised close to $1.4 billion in funding during the first half of 2026, delivering a funding
• 6 min read
Latest in Tech (Page 16)
Enza Secures $6 million Investment from Algebra Ventures & Quona Capital
African payment solutions company Enza announced that it has secured a $6.75 million investment in a seed equity round
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Fintech, Retail and Telecoms Dominate 2025 Brand Rankings
South Africa’s collective brand value of the top 10 brands (in South Africa) reached R699.6 billion in 2025.
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TymeBank Deposits Surge to R6.9 Billion After Reaching Unicorn Status
Digital bank TymeBank has seen a significant surge in deposits, according to results released by African Rainbow Capital (ARC) Group.
• 1 min read
NVIDIA, DeepMind, and Disney Join Forces to Power Next-Gen Robots
Tech giant Nvidia announced a partnership with Disney Research and Google DeepMind to develop a physics engine meant to improve
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Summit Africa Launches New Fund with $20m Anchor Investment
South African investment firm Summit Africa launched its new fund the Summit’s Private Equity Fund II (SPEF II). The
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Sinch and Huge NXTGN Partner To Drive South Africa’s MVNO Market
Local telecoms company Huge NXTGN has partnered with digital communications company Sinch to provide businesses in South Africa with digital
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China’s Baidu Launches Two New AI Models as Competition Within China’s AI Sector Intensifies
Chinese tech company Baidu announced yesterday the launch of two new artificial intelligence (AI) models as it tries to keep
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Microsoft Invests R5.4 billion to Support South Africa’s Digital Transformation
Tech giant Microsoft announced plans to spend R5.4 billion by 2027 in an effort to expand its Cloud and
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South Africa to Invest R1 Billion in Local EV Production
South Africa will spend R1 billion in support of the local production of new-energy vehicles and batteries, as well
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Vetro Launches Global Business Award to Drive African Startup Growth
Fintech company VetroFX (Vetro) announced the launch of its Global Business Award, designed to help early-stage startups expand beyond
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VC Firm Equator Closes $55M Fund to Drive Private Capital to African Climate Tech
African-based venture capital firm Equator raised $55 million for its first fund which will work to back early-stage
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Kholo Capital Closes Funding Round of R1.4 Billion
Kholo Capital reached a final close of R1.4 billion in commitments for its Mezzanine Debt Fund. The money raised
• 1 min read