Logistics start-up Shiprazor pulls in R44-million seed round

Logistics start-up Shiprazor pulls in R44-million seed round

Cape Town-based e-commerce logistics start-up Shiprazor has raised US$2.65-million (about R44.6-million) in a seed round led by pan-African venture capital firm Norrsken22, taking its total funding to $3.3-million. AAIC, E4E and Tremis Capital also participated, alongside angel investors that include senior leaders at Google. Founded in 2023, Shiprazor sits between online merchants and courier companies,…

Read More
Cape Town fintech NjiaPay secures R35m in seed funding

Cape Town fintech NjiaPay secures R35m in seed funding

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…

Read More
UN experts: Kenya’s seed sharing ruling a milestone for peasants’ rights and food security

UN experts: Kenya’s seed sharing ruling a milestone for peasants’ rights and food security

The Court stressed that centuries-old practices of seed-sharing form the backbone of Kenya’s food security and cultural heritage. PHOTO/FILE. By SPECIAL CORRESPONDENT [email protected] UN experts have welcomed a landmark ruling of the High Court of Kenya declaring unconstitutional provisions of the Seed and Plant Varieties Act that criminalised the saving, use, exchange and sale of…

Read More