A major South African bank focused on providing a wide range of financial services, including personal and business banking.
Nedbank’s NCBA deal could push some Kenyan institutional investors into cash exit
Nedbank intends to acquire about 66% of NCBA Group. The offer includes a combination of Nedbank shares and cash.
Are African tech startups shifting from blitzscaling to strategic acquisitions?
Blitzscaling defined African tech in the 2010s, but capital scarcity has forced a reset. Acquisition activity is rising while late-stage mega-rounds are thinning out.
South African Agritech Startup SwiftVEE Secures $10.1M Series A to Expand into Fintech and Insurance
SwiftVEE secured R173m ($10.1m) in a Series A funding round. The funding round was led by African venture capital firm HAVAÍC and private equity firm Exeo Capital.
Street Wallet joins South Africa’s fintech consolidation wave with Digitip acquisiton
Street Wallet has acquired Digitip, a startup enabling digital tipping for informal workers. The acquisition strengthens Street Wallet's presence in KwaZulu-Natal and Cape Town.
Africa’s VC Rebound: $2B+ Funding in First 8 Months of 2025
Disclosed venture funding in Africa topped $2 billion through August, already double last year's pace for the same period. The median deal size has returned to 2022 bubble levels, with over five companies securing rounds of $100 million or more.
