Launch Africa Ventures records first investor payouts

Launch Africa Ventures records first investor payouts

Zachariah George and Janade du Plessis, co-founders of Launch Africa Ventures. (Image by Launch Africa Ventures) Pan-African venture capital firm Launch Africa Ventures says it has returned cash to investors for the first time, demonstrating that African technology start-ups can generate real financial returns despite a challenging global funding environment. According to a statement, the…

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Pepkor builds R21-billion fintech giant

Pepkor builds R21-billion fintech giant

Pepkor CEO Pieter Erasmus Pepkor is merging its Flash business with Shop2Shop to create one of South Africa’s largest fintech platforms focused on the informal economy. It’s a combination valued at R21.3-billion that the retail group plans to list separately in the medium term. The JSE-listed group said on Wednesday it will take a 57.1%…

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Africa: All of Africa Today – July 22, 2026

Africa: All of Africa Today – July 22, 2026

  Ghana Opposition Slams 20-Year Illegal Mining Sentence Ghana’s opposition New Patriotic Party (NPP) has condemned the conviction of its Ashanti regional chairman, Bernard Antwi Boasiako, popularly known as “Chairman Wontumi”, after he was sentenced to 20 years’ imprisonment with hard labour for illegal mining offences. Boasiako has been convicted of granting mineral rights without…

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