Kyiv, Ukraine — A massive Russian drone and missile attack on Ukraine’s capital early Thursday, including a rare strike in the center of the city, killed at least 12 people and wounded some 48, local authorities said. It was the first major Russian combined attack on Kyiv in weeks as U.S.-led peace efforts to end…
Local start-ups continue to encounter hindrances in accessing equity investment. Funding limitations within South Africa’s venture capital (VC) ecosystem have once again been thrust into the spotlight, with an executive openly stating it is undercapitalised. Patrick Krappie, executive: innovation enabling at the Technology Innovation Agency (TIA), made the comments at a recent roundtable engagement it…
ADDIS ABABA — Addis Ababa generated 143 billion Birr from conference tourism last fiscal year, underlining the capital’s growing role as Africa’s leading hub for international meetings, Mayor Adanech Abiebie said. The mayor made the announcement during the recent consultative session with hotel and tourism service providers on preparations for upcoming global gatherings, including the…
Southern Africa’s venture capital sector closed off 2024 with R13.35 billion in active investments across 1 325 deals. For the third consecutive year, ICT-focused start-ups continued to attract the lion’s share of venture capital (VC), accounting for nearly two-thirds of total investment. This, as data shows Southern Africa’s VC sector closed off 2024 with R13.35…
The most peaceful area in the entire hospital was a small patio at its centre, where patients rested on benches beneath a wooden pagoda. Nearby, a small, colourful obstacle course helped survivors regain their mobility after surgery and other intensive treatments. That’s where we met four-year-old Alexandro and his mother, Youseline Philisma. Alexandro was just…
The Sudan War series is a joint collaboration between the Center for Economic, Legal, and Social Studies and Documentation – Khartoum (CEDEJ-K), Sudan-Norway Academic Cooperation (SNAC) and African Arguments – Debating Ideas. Through a number of themes that explore the intersections of war, displacement, identities and capital, Sudanese researchers, many of whom are themselves displaced,…
Chairman of the US Federal Reserve Jerome Powell speaks alongside Michelle Bowman (L), Board Vice Chair for Supervision, Lisa Cook (2nd R), Board Governor, and Adriana Kugler (R), Board Governor, as he chairs a Federal Reserve Board open meeting discussing proposed revisions to the board’s supplementary leverage ratio standards at the Federal Reserve Board building…
“Angel investing isn’t only about money — it’s about opening doors and expanding networks.”– Andia Chakava, Managing Partner, Afrishela Fund On 19 June 2025, angel investors–ranging from first-time backers to seasoned investors–gathered at 22OnSloane in Johannesburg, Africa’s largest startup campus, for the 12th Angel Fair Africa, popularly known as the AFA@12 Roadshow. Co-hosted by the…
Capital Appreciation CEO Bradley Sacks. Fintech group Capital Appreciation today announced strong results for the year ended 31 March, growing revenue to R1.25 billion. The group says its businesses demonstrated resilience in the face of a challenging economic environment by effectively growing revenue and managing expenses. Its payments and software divisions have attracted new clients,…
Capital Appreciation’s payments division showed strong growth in the year ended 31 March 2025, leading to overall growth for the group despite challenges in its software division. According to JSE-listed Capital Appreciation’s annual results on Tuesday, terminal sales grew 41% year on year, with payments-related income up 19% compared to the previous year, driving group…
