Yazi, a South Africa based research technology startup that operates through WhatsApp, raised its first institutional funding round at a pre money valuation of 30 million rand, or about $1.6 million. The round was led by 3 Capital Ventures, an early stage venture firm created by investment manager Allan Gray. The company did not disclose…
From left: Lucas Johnson-Barker and Jurgen Stroebel (representatives from 3CV), Timothy Treagus, CEO and co-founder of Yazi, and Mzwandile Sotsaka, CTO and co-founder of Yazi. AI-native research platform Yazi has raised its first institutional funding round from early-stage venture firm 3 Capital Ventures (3CV) at a pre-money valuation of R30 million. Founded in Cape Town…
Despite spending billions on health every year, many African health systems remain underfunded and heavily dependent on external assistance. Then, African leaders adopted the Abuja Declaration, which pledged to allocate at least 15% of their national budgets to health care. Yet, as fiscal spaces tighten and debt burdens grow, a new consensus is emerging: the problem isn’t…
NjiaPay has secured $2.1m (R35m at R16,66 per US dollar) in seed funding led by European investor Newion Partners to expand its payment orchestration platform across Africa. Left: NjiaPay CEO Jonatan Allback, Right: NjiaPay CPT Roderick Simons | image source: NjiaPay The Cape Town-based fintech provides software that helps businesses manage multiple payment service providers…
Partner content: Africa’s Business Heroes Africa’s Business Heroes (ABH), the flagship philanthropic initiative of Alibaba Philanthropy and the Jack Ma Foundation, has opened applications for its 8th edition, calling on African entrepreneurs who are building businesses defining the continent’s future. Launched under the theme “Defining Africa’s Future Today”, the 2026 edition reinforces ABH’s role as a…
Gender diversity declined in African tech funding in 2025 even as total investment volumes recovered, according to the latest African Tech Startups Funding Report by Disrupt Africa. A total of 178 startups raised $1.64 billion during the year. While the number of funded ventures dipped slightly, total funding increased 46.2% compared to 2024. Only 30…
Image: Jernej Furman OpenAI’s latest funding round valued the ChatGPT maker at US$840-billion as Big Tech and Masayoshi Son’s SoftBank piled into the $110-billion blockbuster round, signalling the AI investment race is alive and well despite recent fears of a valuation bubble. The funding round — one of the largest private capital raises on record…
SA is one of the biggest beneficiaries of the start-up funding recovery, raising $335.9 million. (Image created via ChatGPT) South Africa emerged as one of the biggest beneficiaries of Africa’s tech start-up funding rebound in 2025, as total capital raised across the continent surged 46.2% year-on-year to $1.64 billion. This is according to the latest…
Liquid Intelligent Technologies has secured US$410-million (R6.5-billion) in new financing from a consortium of commercial development finance institutions, according to a Thursday statement. Liquid’s parent company Cassava Technologies has simultaneously committed to a $195-million (R3.1-billion) capital injection into Liquid, bringing the total new funding to R9.6-billion. The news follows the full repayment by Liquid of…
One year after the AI Summit in Paris, the international community will meet again this week in New Delhi for the Global Summit on Artificial Intelligence, whose objective will notably be to support the diffusion of AI uses in developing countries. In Africa, AI and Tech investment remains concentrated in the “Big Four” – South…
