Five35 Ventures has completed its first portfolio exit, generating a 3.5x multiple on its investment in Ghanaian agritech company Complete Farmer. The Africa-focused venture firm invested in Complete Farmer in April 2022 and exited in March 2026, producing an internal rate of return of 38% over about 4 years. Complete Farmer’s valuation increased from $6…
Seven-time Grand Slam winner Venus Williams defeated 6-2, 6-2 by Emiliana Arango in the first round of Cincinnati Open. Published On 15 Aug 202615 Aug 2026 Venus Williams’s losing streak in singles play has reached 13 matches. The seven-time major champion was defeated 6-2, 6-2 by Emiliana Arango late on Friday in the first round…
Ibrahim Sagna spent more than two decades in finance, including at the African Export-Import Bank and the Africa Finance Corporation, before co-founding Silverbacks Holdings, a firm that invests in technology, entertainment, sport and the creative industries. How we made it in Africa editor-in-chief Jaco Maritz spoke to Sagna about the firm’s origins and how it…
Endeavor South Africa MD Alison Collier For most of the past decade, a South African tech founder looking to sell had to hope a foreign buyer came knocking. That has changed – and it is the country’s banks doing the knocking. Newly released research by the SA SME Fund, Endeavor South Africa and industry body…
Despite missing its annual target, BBI delivered a stronger-than-expected final quarter, generating revenue of R290 million. State-owned broadband infrastructure provider Broadband Infraco (BBI) ended the 2025/26 financial year below its revenue target despite a strong fourth-quarter recovery. The company says the loss of a major customer contract and delays to key government connectivity projects weighed…
Sarah Meyssonnier/Reuters Prosus is set to pocket about €2.1-billion – roughly R40-billion – from the sale of its remaining stake in Delivery Hero, after Uber on Thursday launched a takeover offer valuing the German food delivery group at US$14.8-billion (R242-billion). The Amsterdam- and JSE-listed technology investor, which is majority owned by Naspers, said in a…
A crowd of more than 100,000, an open-top bus parade and a royal reception welcomed back the Norwegian World Cup squad. Published On 13 Jul 202613 Jul 2026 More than 100,000 fans flooded the streets of the Norwegian capital, Oslo, to give their football team a heroes’ welcome, turning the heartbreak of their FIFA World…
South Africa bucked a trend seen across Africa, with a three-fold increase in iGaming fraud. (Image created by GenAI) South Africa’s know-your-client (KYC) and anti-money-laundering (AML) tools are seen as fragmented, as the country experiences a three-fold surge in iGaming fraud. This, even though the country was taken off a global financial watchdog’s greylist last…
Namibian international, Peter Shalulile has officially brought his time at Mamelodi Sundowns to an end, closing a successful six-year spell that saw him establish himself as one of the leading forwards in African club football. The lethal goal poacher leaves the African champions after scoring 136 goals in all competitions and helping the club win…
Knockout matches begin with South Africa vs Canada as Iran exit, Africa make history and hopes for Messi-Ronaldo final rise. The knockout stage of the 2026 FIFA World Cup begins on Sunday with South Africa taking on Canada in the first round of 32 tie. With the group stage complete, the full knockout bracket is now…
