2+ day, 30+ min ago  (649+ words) For over a decade, venture capital has been welcomed into African markets with open arms as the missing ingredient for a tech revolution. This year, a cascade of new laws across the continent is sending mixed signals. Ghana, Kenya, and…...

2+ day, 2+ hour ago  (151+ words) Mia Healthcare Technologies, a Cape Town-based healthtech, has raised ZAR 15 M (about USD 920 K) from the Vumela Fund to expand access to affordable dental and orthodontic care across Southern Africa. Founded in 2021 by Dr. Zane Stennings and Dr. Karishma Soni, Mia…...

6+ day, 2+ hour ago  (291+ words) Most growing businesses encounter an IT inflection point " a moment when the technology approach that served them well at an earlier stage is no longer adequate for where they are headed. This inflection point often arrives without warning, triggered by…...

6+ day, 4+ hour ago  (1759+ words) Aderonke Hannah Ajibade, a young Nigerian woman living with disability, had just landed a remote call centre job. She spent her savings on data, set up her equipment, and prepared to start. The next day, she was fired. As it…...

1+ week, 4+ hour ago  (564+ words) Abraham, a construction worker in Ghana, had never held an insurance policy in his life. When a sudden illness landed him in hospital, he faced the difficult choice of missing work and losing income, or delaying treatment and risking his…...

1+ week, 3+ hour ago  (829+ words) Walk into any modern manufacturing unit today, and the shift in how things operate is impossible to ignore. Machines do a lot more now; they talk, calculate, respond in real time, and production lines behave like synchronised systems. That shift,…...

1+ week, 2+ day ago  (168+ words) Africa Finance Corporation (AFC) has approved a USD 100 M commitment to Africa-focused technology fund managers to accelerate the continent's digital industrialisation and increase local institutional participation in venture capital. Founded in 2007 and headquartered in Lagos, AFC will deploy capital into…...

1+ week, 3+ day ago  (153+ words) Growth Labs has acquired Startup Gate in a deal worth nearly EGP 35 M (~USD 656 K) to build a unified digital infrastructure for startups across the MENA region. Founded in Egypt, Growth Labs combines its "Catalyst OS" backend used by accelerators and…...

1+ week, 3+ day ago  (422+ words) A last-ditch bid to rescue the embattled Africa Founders Ventures (AFV), the non-profit parent of Mastercard Foundation-backed startup network 54 Collective, which controversially shut down last year, has been halted in its tracks. This ends an 18-month legal battle that exposed…...

1+ week, 3+ day ago  (150+ words) Lightrock has raised a USD 500 M fund, Accelerate7, to back growth-stage companies tackling energy poverty across Sub-Saharan Africa, South Asia, and Southeast Asia. The fund, supported by investors including Shell, Total Energies, Equinor, and LGT Group, will deploy USD 1050 M tickets…...