African tech startups secure $491.6 mn in funding in 2019
2019 also witnessed a 61% increase in the number of investors to reach 261...
Tag : South Africa
African tech companies invited to partner Britain-led growth scheme
With its startups generating 50% more venture capital in 2017 than in 2016, Africa is witnessing an exponential growth in the technology industry...
South Africa to restructure GDP data September onwards
The start year for calculating GDP will be updated to 2015 from the existing year of 2010...
Goldman bank licenced to operate in South Africa as part of expansion
The bank has become a member of Johannesburg Stock Exchange’s interest-rate and currency-derivatives market...
South Africa reduces cheque limits to boost the use of B2B epayments
Checks can be written below $3,500 to encourage businesses to utilise more epayment options...
African fintech My-iMali raises funds to increase customer base
The South Africa-based startup received the funding from fintech holding company Crossfin...
South Africa healthtech Guidepost raises funding
AlphaCode, fintech investment arm of Rand Merchant Investments, has secured a 25.1% stake in Guidepost...
South Africa fintech Selpal secures funding for expansion
The startup secured funding from FirstRand Group, one of the largest financial services providers in South Africa...
Ethiopian Airlines shows interest in South African Airways
South African Airways is looking for outside investments as the company is running losses since 2011...
MTN reaches 95% 4G coverage across South Africa
The telco invested R40 billion over the last four years to improve network coverage and quality...