Africa Bitcoin Corporation loses two-thirds of its board as the founder’s shareholder group moves in

Four Africa Bitcoin Corporation directors resign, including interim CEO Stafford Masie, following a shareholder revolt led by founder Warren Wheatley’s WGW Capital

Local investors acquire South African travel tech platform LekkeSlaap

A consortium of local investors has acquired LekkeSlaap, a South African travel startup. The financial terms of the deal remain undisclosed.

South Africa’s Pick n Pay names Spencer Sonn, CEO-Designate

Pick n Pay has appointed Woolworths veteran Spencer Sonn as CEO-designate from February 2027, ahead of Sean Summers' 2028 handover.

South African AI startup Verascient raises $1.2 million in an oversubscribed pre-seed round

Verascient, a South African AI startup, has raised $1.2 million (R19.5 million) in its first funding round. The oversubscribed round was backed by several notable investors.

Rentoza enters business rescue despite raising $7.3 million

South Africa's Rentoza enters into a voluntary business rescue after about 12 months of struggle despite over $7 million in 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.

DDoS attack expose South Africa’s cybersecurity oversight lapses

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

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

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.

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.

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.

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