Tag: Digital Transformation

South African startup Yazi has secured its first institutional investment round, marking a new milestone for the AI-driven research platform that operates entirely through WhatsApp.

Electric mobility and distributed energy company Zeno has secured $25 million in new funding to accelerate the expansion of its electric vehicle and charging infrastructure across East Africa.

South African fintech startup NjiaPay has secured $2.1 million in seed financing as it seeks to expand its payment orchestration platform and scale its operations across the African continent.

Orca Fraud, a South African startup focused on combating financial fraud in digital payment systems, has raised $2.35 million in seed funding to strengthen its real-time transaction monitoring and fraud intelligence platform.

Global impact investor Acumen has made a strategic investment in AgroEknor, a Nigerian agribusiness focused on the production, processing, and export of hibiscus.

British International Investment (BII) and ILX, a private debt asset manager based in Amsterdam, have completed their first joint investment aimed at increasing financing for small businesses and agricultural enterprises in East Africa.

South Africa’s Commercial Energy South Africa (CESA), a subsidiary of renewable energy developer SolarAfrica, has secured a R635 million (approximately $39.5 million) investment from African mezzanine debt specialist Vantage Capital, with participation from co-investor Greenpoint Capital.

South African investment firm Hlayisani Capital has officially unveiled its second technology-focused venture vehicle, Hlayisani Venture Fund II (HVF II).

Acumen, a global impact investor, has backed Vitara, a Ghana-based agribusiness working to transform how smallholder farmers sell their crops and earn income.