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Funding

South Africa’s Cue raises $5 million to expand its  AI service agents

Cape Town founded Cue has secured it's largest funding yet. It was co-led by Knife Capital and FAM investments.

Cybersecurity

DDoS attack expose South Africa’s cybersecurity oversight lapses

Nationwide DDoS attack hits Africa's biggest economy exposing frailties at the highest level

Funding

South Africa’s $507M equity market and its silent key players

South Africa's leading equity deals market is powered by silent and dedicated VC firms

Analysis

FT’s 2026 Ranking shows Africa’s fastest-growing companies are doing more with less

FT’s 2025 Africa fastest growing companies ranking shows Egypt tops for the first time, Kenya overtakes Nigeria, and funding doesn’t guarantee growth as lean firms outpace well funded giants.

Funding

Shiprazor raises $2.65M seed to fix South Africa’s fragmented logistics

Shiprazor raises $2.65M in a seed round led by Norrsken22 to streamline logistics for South African e-commerce merchants and reduce failed deliveries.

Funding

South Africa’s littlefish raises $9.5M Series A

littlefish secures $9.5M Series A led by Partech to help African banks offer payments, POS, and SME tools without relying on fintech middlemen.

News

Canva expands to Africa, names ex-Uber executive as localisation lead

Canva expands to Africa, opening a South Africa office and appointing ex-Uber executive Priscilla Menoe-Mtsi as Product Localisation Lead

Insider

Condia Insider: Tower Heist Uganda

In this letter, we explore: CBN cuts interest rates for the first time since COVID, Hiridjee tightens hold on Jumia, faces tower fight in Uganda, South Africa just got chip-blocked.

Fintech

Yoco picks two Co-CEOs, as founding CEO Maphai steps back

Katlego Maphai, who led Yoco from startup to 400,000 merchants, steps down.

Ecommerce

Walmart to open stores in South Africa before Q4 2025

Walmart will launch its first own-branded stores in South Africa before the end of 2025, competing with Amazon and Temu in its retail market.

News

BREAKING: South Africa’s ACH, BankservAfrica rebrands to PayInc SA

BankservAfrica, South Africa's 53-year-old money movement backbone, rebrands to PayInc SA.

News

Three streaming giants raise prices in South Africa within four months

Spotify, Netflix, and YouTube have hiked prices in South Africa, signaling a shift as global platforms adjust to rising costs.

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