Kenya’s BRCK expands its Moja free Wi-Fi offering to SA
Kenyan hardware and connectivity startup BRCK has expanded its free Wi-Fi offering Moja to South Africa, offering users the chance to overcome challenges associated with high data costs.
RMI’s AlphaCode takes 25.1% stake in healthtech Guidepost
Guidepost’s platform enables highly personalised, data-driven diabetes management at scale.
SA’s Mobiz fundraising to build out its marketing software platform
South African marketing startup Mobiz is looking to raise US$3 million in funding with the aim of consolidating its corporate offering as well as developing and marketing products for SMEs.
Frontier Car Group
Frontier Car Group, Cars45 parent firm, raises $400 million from OLX Group
The Frontier Car Group will use OLX Group’s US$400 million to fuel expansion in emerging markets.
AWS to incubate 100 black SA entrepreneurs in $25m initiative
Amazon Web Services (AWS) has partnered South Africa’s Department of Trade and Industry (dti) to incubate 100 black entrepreneurs as part of a ZAR365 millon (US$25 million) initiative.
SA’s FinChatBot selected for virtual INV Fintech accelerator
INV Fintech is a virtual accelerator that host companies from across the United States (US) and globally for a five-month period, and this year it has refocused its operations on bank enablement.
SA drone startup Gannet raises $66k in crowdfunding campaign
Founded in 2016, Gannet is the maker of the popular Gannet Drone Release Systems, and currently serves over 7,000 clients around the world.
SA fintech startup Envisionit e-Pay rebrands to Truzo ahead of expansion
Founded in 2017, Envisionit e-Pay operates a safe and secure online escrow payment service that aims to create trust between strangers when transacting.
Hlayisani Growth Fund
SA’s Hlayisani Growth Fund mulling 12 deals after having invested R200m so far
Hlayisani Growth Fund, which is chaired by Reuel Khoza, became operational in January.
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