André Steyn, format acceleration VP at Massmart. Walmart is betting on its omni-channel retail strategy to attract South African customers, rolling out a Walmart Africa mobile app built on the same global technology stack that powers the US retail giant’s global operations. The US multinational retailer, which operates a chain of hypermarkets, discount department stores…
AI scams and fraud continue to evolve. Entersekt, which positions itself as a global leader in digital banking fraud prevention and payment security, today launched the latest enhancements to its modernised digital banking authentication platform. These include Entersekt Orkestrate, a pre-packaged, low-code integration solution that makes it faster and easier to add pre-orchestrated, AI-powered Context…
Press Office: MNGRS.AI MNGRS.AI: When Artificial Intelligence Becomes the Artist’s Manager The French startup Global Music Community is developing MNGRS.AI, the first AI-powered artist management service designed to guide creators at every stage of their careers and help them structure their artistic development. MNGRS.AI today announces a $1 million fundraising round from investors across…
In an effort to localise and streamline its recruitment process, the Shoprite Group – in partnership with South African SMME, the OTB Group (OTB) – has created a centralised platform that simplifies applications and prioritises nearby jobs for applicants. This new platform aims to reduce hiring time, improve matching, and bring recruitment closer to home….
Shoprite Group has developed and deployed a centralised digital recruitment platform that is already changing how South Africa’s largest private employer sources employees. Built in partnership with local technology SME, OTB Group, and supported through Shoprite’s enterprise and supplier development arm, Next Capital, the system matches job applicants to vacancies in stores closest to their…
Themba Mgimeti, co-founder of CarShareNova. South African-born peer-to-peer car-sharing platform CarShareNova has entered the local e-mobility market, hoping to reinvent the car rental industry. Founded by Themba Mgimeti, an engineer and former manager at Bolt, and Lebogang Mabala, software engineer and employee at Naked Insurance, CarShareNova’s mission is to turn vehicles into income-generating assets for…
Ventures Platform, one of Africa’s most active early-stage venture capital firms, has raised $64 million so far for its second fund, with a final close target of $75 million, according to founding partner Kola Aina. The raise includes participation from the Nigerian government through its Investment in Digital and Creative Enterprises (iDICE) program — marking…
Discovery Group CEO Adrian Gore Discovery Group has unveiled Vitality AI, a new artificial intelligence platform developed in partnership with Google, designed to make millions of people healthier through personalisation and data-driven insights. Vitality AI will be made available to Discovery’s South African customers and offered in the other markets around the world where it…
Legora, the collaborative AI platform for lawyers, today announced the completion of a Series C round of $150 million at a $1.8 billion valuation, led by Bessemer Venture Partners, with significant investment from existing investors ICONIQ, General Catalyst, Redpoint Ventures, Benchmark, and Y Combinator, to accelerate its global expansion and growing product roadmap. The funding…
SME Snapshot has launched an updated version of its business management dashboard, aimed at helping small and medium-sized enterprises (SMEs) demonstrate their financial health more clearly to potential funders. Access to finance remains one of the biggest barriers to SME growth in South Africa, despite the sector contributing over a third of GDP and employing…
