Tech News in South Africa

Tracking the South African technology sector and covering startups, venture capital, and unicorns.
Jan
05
The Draft: mPharma, Brankas, Gahez, Udaan, Fractal, PineLabs, Exotel, Timo, Siemplify, and Verofax

The Draft: mPharma, Brankas, Gahez, Udaan, Fractal, PineLabs, Exotel, Timo, Siemplify, and Verofax

This week on The Draft, we curated startup and VC deals across emerging markets and covered India's cybersecurity market, China's plan for AI, blockchain, and robotics, and Russia's latest efforts on cryptocurrency.
11 min read
Jan
04
πŸ‡ΏπŸ‡¦ South Africa-based data centre operator acquired at a $3.5 billion valuation

πŸ‡ΏπŸ‡¦ South Africa-based data centre operator acquired at a $3.5 billion valuation

As new and existing subsea cable systems encircle Africa offering low-latency access from the east and west coasts of Africa to Europe and Asia, the tremendous expected future growth of digital infrastructure in Africa is mind-blowing.
2 min read
Jul
27
South African insurtech startup Ctrl secures $2.3 million

South African insurtech startup Ctrl secures $2.3 million

Digital insurance advice platform, @Ctrl_Advisor, which provides an insurance marketplace that connects consumers, brokers and insurers, has secured a
Jul
27
South African fintech startup, Pineapple raises $3.4 million

South African fintech startup, Pineapple raises $3.4 million

South African fintech startup, Pineapple has raised R80 million ($3.4 million) in Series A funding to expand further into
Jul
27
South Africa's Yoco raises $83 million

South Africa's Yoco raises $83 million

South Africa's Yoco says it has raised a Series C funding round of $83 million (R1.23 billion) to accelerate
Jul
08
South Africa's Multichoice is facing a bank account freeze in Nigeria

South Africa's Multichoice is facing a bank account freeze in Nigeria

Multichoice is currently experiencing the freeze of its bank accounts in Nigeria by the country's revenue service over unpaid taxes.
1 min read