#CapeTown

InstaDeep has been acquired by German biotech company BioNTech SE in a deal that could eventually be worth US$684m to its shareholders. Powered by high-performance computing and outstanding research and development breakthroughs,…

Omnisient has raised an undisclosed amount of funding from old and new investors to support its continued international expansion and further develop its platform.  Its latest round of funding is led by Buffet Investments and KLT and…

Moove has raised US$16.8 million in financing from Emso Asset Management to scale up its UK operations following a successful launch in August. Moove can use proprietary performance and revenue analytics to underwrite loans to drivers…

Google has announced its first cloud region in South Africa, making it part of Google’s 35 cloud region and 106 zones globally. Google revealed that it is constructing Dedicated Cloud Interconnect locations in Nairobi (Kenya), Lagos…

Moove has raised US$20 million in funding from the UK government’s development finance institution (DFI) British International Investment (BII), formerly known as CDC Group. By embedding its alternative credit scoring technology onto…

Injini is launching a think tank aimed at providing entrepreneurs in the space with access to market research and to advocate for educational reform. The ITT aims to support ed-tech entrepreneurs through relevant market research, support…

Locstat said it has raised funding as it readies for further growth. The startup enables customers to unlock previously unseen insights, with its AI solution analysing the relationship between data points and beyond, which enriches the…

Yoco has acquired Nona Digital to accelerate its roadmap by bringing a team of highly-specialised fintech product and technology professionals into the Yoco team. Yoco has become the preferred payments partner for over 150,000 small…

Moove has raised US$105 million in an oversubscribed Series A2 round to scale to seven new markets across Asia, MENA, and Europe over the next six months. Moove can use proprietary performance and revenue analytics to underwrite loans to…