Binance, AltSchool Africa to empower youths
According to Binance, the project comes at a time when digital skills would be required for 230 million jobs in Sub-Saharan Africa by 2030.
Lezeth Khoza
|
1:10
3:50
Fintech Lesaka completes $96m Adumo buyout
The transaction was finalised with the issuance of 17,279,803 shares of Lesaka's common stock and a cash payment of $13.4 million, resulting in a total purchase consideration of $96.2 million.
2:30
Ethiopian fintech, Kifiya, makes history
Kifiya is the first Ethiopian company to win a silver award in Africa's product innovation category at the Global SME Finance Awards.
2:00
Lesaka buys payment platform Adumo for $85m
The purchase price will be paid in the form of shares of Lesaka common stock and $12.5 million in cash.
1:40
Sony Innovation Fund invests in South African game firm Carry1st
Sony Innovation Fund: Africa invests in entertainment start-ups including those in the gaming, music, movie, and content distribution sectors.
4:20
Custom digital solutions are no longer reserved for large enterprises
Research by Microsoft shows that 47% of small businesses find the cost of new technologies to be the most restrictive factor to adoption.
1:10
Sony targets African entertainment start-ups with $10m fund
Sony Innovation Fund: Africa will invest in the gaming, music, movie, and content distribution sectors.
1:10
Liquid preps young South Africans for digital future
Through its youth empowerment programme, Liquid is providing training and business funding, with a new focus on AI skills.
1:30
SA credit regulator, IFC announce hackathon for credit providers
The initiative seeks to encourage and facilitate the adoption of digital processes for regulatory compliance by small credit providers.
2:40
Knife Capital closes $50 million African series B fund
The primary focus is on high-growth, scalable South African B2B tech companies with considerable impact potential and exit options.
2:00
First-of-its-kind research on gender equality in Africa’s e-commerce space
Increasing the number of women selling on online platforms through training and financial support is key to inclusive growth on the continent.
1:50
South Africa’s Adumo leans on US$15m equity investment for expansion
Investment by International Finance Corporation to fund growth of the company.