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…
Wetility, a subscription solar service provider focused on both the residential and commercial solar markets, has secured R500-million in structured capital funding from Jaltech. The capital provided by Jaltech will be used to fund solar and battery systems, allowing Wetility to add more than 16MW of solar capacity in South Africa in time. “This funding…
Kagiso Trust has officially launched its 40th anniversary celebrating four decades of meaningful impact in education, socio-economic development, civil society, and local governance. As the organisation enters this milestone year, it unveils its new positioning statement: “Igniting Human Capacity” a reflection of its mission to empower individuals and communities as drivers of sustainable change. A Model…
Despite a recent surge in terrorist attacks, the region is more at risk of fragmentation than centralised jihadist rule. Insecurity has risen sharply in the Sahel in recent months. Between late May and early June, major attacks claimed by Jama’at Nusrat ul-Islam wa al-Muslimin (JNIM) and the Islamic State in the Greater Sahara (ISGS) targeted…
Hiruy Amanuel, co-founder, Gullit VC Partner Content After years of rapid expansion, the continent’s startup ecosystem is now adapting to a more measured pace, with investors emphasising sustainable business models and long-term value creation. According to the African Private Equity and Venture Capital Association (AVCA), total funding for African startups declined by 46% in 2023…
TLDR Mediterrania Capital Partners (MCP) has announced the final close of its fourth investment vehicle, raising €600 million ($686 million) The Malta-based private equity firm will use the capital to support mid-cap and SME businesses across North and West Africa The fund targets sectors with strong growth potential, including healthcare, financial services, FMCG, logistics, education,…
