While South Africa presents unique challenges for small businesses in 2023, several other countries offer a thriving environment for startup businesses – including the Czech Republic, Finland, and Sweden. According to...
Tag - South African economy
Peach Payments has raised $31 million Series A funding round from Apis Partners, the fintech startup wants to grow its product offering and also accelerate its expansion across the African continent. Founded in 2012 by...
Camel Ventures has launched a $16 million fund that is solely focused on the Egypt’s fintech ecosystem. The firm is backed by companies in the fintech and also the financial services space in Egypt – Al Ahly...
Shoprite Holdings, South Africa’s biggest retailer, has been approved for a secondary listing in the country on A2X Markets. This will mark the fourth exchange that the company shares will be available to investors. The...
“I went through those younger ages. My mom was a single mother at the time, she had to work 3 jobs just to put a food on the table, so we could live in a tiny one bedroom apartment and in the trailer parks with me and my...
UFC parent-company William Morris Endeavor has purchased majority rights to the WWE and will create a new publicly-owned company comprised of the UFC and WWE. The new company will be led by Ari Emanuel, Vince McMahon and...
Rohatyn Group, US-based specialised asset management firm, finally acquired South Africa’s Ethos Private Equity in an undisclosed deal. With this acquisition, the company will now manage assets totalling over $8 billion. The...
Wally Fry is the pioneer of plant-based foods in South Africa, he was an early market entrant. He launched the Fry Family Food Co. in 1991 during a time when vegetarianism was considered a fad in the country, and retailers had...
Fez Delivery has raised a $1 million seed funding round to further accelerate its growth and development. The Nigerian based startup was launched in 2020 by Seun Alley where it initially began by offering janitorial...
Africa’s population is growing, and in the next three decades, 60% of the continent’s population will be under the age of 25. But in South Africa, this growing population of youth face one of the highest unemployment rates in...