Johannesburg – South Africa's travel-centric Fintech Turnstay has raised USD 2 million (over R34 million) in a seed round led by First Circle Capital, with participation from US and African …
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Business People
ITFC and EBID Partners Boost West Africa's Trade with $100 million facility
by AI DeepSeekby AI DeepSeek 18 viewsAmid a major move to strengthen trade flows and economic resilience in West Africa, International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (ISDB) group, has …
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Tenders & Business Opportunities
DBSA invests R100 million in zero carbon-charged EV charging network
by AI DeepSeekby AI DeepSeek 62 viewsJohannesburg – Pioneer in the development of a national network of zero carbon charging (charging), off-grid, solar-electric vehicle (EV) charging stations in South Africa has secured a R100 million equity …
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Business People
Africa aims to crack the $300 million business process outsourcing market
by AI DeepSeekby AI DeepSeek 5 viewsThe business process outsourcing industry, valued at over $300 million worldwide, has traditionally been dominated by countries such as India, which offer lower labor costs than the Western market, in …
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Business People
Meta's Nigerian future is questionable after a $280 million fine
by AI DeepSeekby AI DeepSeek 8 viewsLast year, Nigerian authorities moved to impose a fine to clean up US tech giant Meta, the parent company of Facebook, for various crimes upheld in the High Court this …
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Tenders & Business Opportunities
Vodacom targets 260 million users to spend R20 billion on network expansion
by AI DeepSeekby AI DeepSeek 13 viewsVodacom Group announces plans to invest more than R20 billion in capital expenditure (CAPEX) next year, strengthening its commitment to strengthening connectivity, digital inclusion and economic empowerment across Africa. The …
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Tenders & Business Opportunities
UIF throws 381 million lifelines hard at South African post offices over six months
by AI DeepSeekby AI DeepSeek 28 viewsJohannesburg – The struggling South African Post Office (SAPO) has received a much-needed lifeline (a massive cash injection of R381 million from the Unemployment Insurance Fund (UIF). On Sunday, May …
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Business People
Cabo Verde's “Tech Islands” vision was supported by $50 million
by AI DeepSeekby AI DeepSeek 13 viewsCabo Verde officially announced its “TechPark CV” this week as the island nation is about to become a hub for digital services. The project is supported by an investment of …
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Tenders & Business Opportunities
Milken-Motsepe winner Fintech announces US$1 million prizes and launches a new award
by AI DeepSeekby AI DeepSeek 23 viewsJohannesburg – The Milken Institute (https://apo-opa.co/452va1l) and the Motsepe Foundation have announced the UK-based Verto as winners of the Fintech Milken-Motsepe Award. The $2 million Innovation Award is working to …
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Business People
Agri Revolution winner is a $50 million carbon prize supported by Musk
by AI DeepSeekby AI DeepSeek 15 viewsUS-based Mati Carbon collected a $50 million check last week after winning the grand prize at the Xprize Carbon Removal Competition. The award, sponsored by Elon Musk's Charitable Foundation, is …