South Africa’s SME Funding Problem Isn’t Capital — It’s Execution
For years, the dominant narrative in South Africa’s startup and small to medium-sized enterprise (SME) ecosystem has been that
• 6 min read
Dealflow
Stay up to date on venture capital deals, startup funding rounds, and investor activity driving Africa’s tech ecosystem. Dealflow tracks capital flows, spotlighting key fundraises and emerging investment trends across the continent.
South Africa’s SME Funding Problem Isn’t Capital — It’s Execution
For years, the dominant narrative in South Africa’s startup and small to medium-sized enterprise (SME) ecosystem has been that
• 6 min read
Kenya Leads African Startup Funding in 2025 as Big Four Dominate
Kenya emerged as Africa’s most funded startup ecosystem in 2025, reinforcing its position at the centre of the continent’
• 8 min read
2025 Guide to African Startup Liquidity: Insights from the Stears-VP Index
African startups are entering a defining moment in their pursuit of liquidity, as venture capital (VC) availability expands, exit opportunities
• 8 min read
Mustek Invests R7 Million in Local AI Marketplace Startup Business AI
Mustek acquires 51% stake in SA-based AI marketplace startup Business AI and posts improved FY25 margins despite revenue drop.
• 3 min read
Nedbank Acquires Fintech iKhokha in R1.65 Billion Deal to Boost SME Banking
The Nedbank Group, yesterday announced that it has entered into a binding agreement to acquire 100% of fintech innovator iKhokha
• 4 min read
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
• 2 min read
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
• 1 min read
Wave Secures €117M to Expand Mobile Money in Africa
African financial services startup, Wave Mobile Money (Wave), has secured €117m (+$2.4 billion) in debt financing to expand its
• 2 min read
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
• 2 min read
African Startups Secure $254M in May 2025, Topping $1B YTD
African startups continued their strong momentum in May 2025, raising a total of $254 million across 36 disclosed deals. This
• 2 min read
AURA Raises R273M to Expand Emergency Response Tech to US
Emergency response platform AURA has secured R273 million (€13.5 million) in a Series B funding round co-led by investment
• 2 min read
OPEC Fund Approves Over $600M in New Financing To Drive Development
The OPEC Fund for International Development (OPEC Fund) has approved over $600m in new development financing to support sustainable infrastructure,
• 2 min read