Author: Tapiwa Matthew Mutisi

South African renewable energy company SolarSaver has raised US$60 million to accelerate the deployment of affordable and reliable solar power solutions for small and medium-sized enterprises (SMEs) across Southern Africa. SolarSaver develops, owns, and operates small-scale solar and battery systems that deliver clean energy directly to businesses. Its model allows…

TLG Capital has finalized a $10 million private credit facility to support an African-founded investment holding company in acquiring a leading insurance platform in Ghana. This strategic move underscores TLG Capital’s commitment to backing Africa-rooted entrepreneurs and fostering regional consolidation in the financial services sector. Zain Latif, Principal at TLG…

Standard Bank, Africa’s largest bank by assets, has partnered with a newly formed consortium, NewCo, to enable the acquisition of industrial powerhouse Barloworld in a landmark transaction valued at approximately R23 billion (US$1.3 billion). In this transformative deal, Standard Bank assumed multiple critical roles, serving as joint financial advisor, sole…

British International Investment (BII) and BlueOrchard Finance have announced a strategic partnership to launch an innovative fund designed to mobilize insurance capital for addressing climate challenges in emerging markets. The initiative builds on BII’s mobilization programme introduced earlier this year, which invited private investors to create solutions that accelerate climate…

Breni, a fast-rising Nigerian edtech startup recently launched, is actively seeking investor commitments for its pre-seed funding round as it pursues an ambitious vision: to become the “Duolingo for everything.” In just three months, the company claims to have achieved rapid global traction—without spending a single dollar on marketing. Founded…

The pay-TV giant has unveiled “Thol-iUpsize”, a DStv promotion that automatically upgrades active decoder subscribers to higher-tier packages at no additional cost between 10 November and 31 December 2025. Under the campaign: Byron du Plessis, CEO: Pay TV South Africa at MultiChoice, said: Our Upsize campaign is part of a…

Roam, a Nairobi-based electric mobility startup, is inviting retail investors to participate in its growth journey by opening a portion of its pre-Series B funding round to the public through Crowdcube, a UK-based equity crowdfunding platform. Founded to accelerate Africa’s transition to clean transport, Roam designs and manufactures electric motorcycles…

Caetano Kenya has officially introduced Chery, one of China’s most awarded and innovative automotive brands, marking a transformative milestone for Kenya’s SUV segment. Known for its bold design, intelligent technology, and the promise of “premium technology made accessible,” Chery is set to redefine what Kenyan drivers expect from modern mobility.…

Vodacom Group has reported a robust financial performance for the first half of its 2025 financial year, with group revenue rising nearly 11% year-on-year. The company’s service revenue increased from R58.6 billion (≈ $3.4 billion) in the same period of 2024 to R65.8 billion (≈ $3.8 billion) in 2025, driven…

Global e-commerce giant Alibaba has officially chosen Durban, South Africa, as its strategic base for launching operations across the African continent. The announcement follows high-level engagements between eThekwini Mayor Cyril Xaba and Alibaba’s international trade representatives at the company’s headquarters in Hangzhou, China. The discussions centered on positioning Durban as…

Chari, a Moroccan startup backed by Y Combinator, has secured additional funding from DisrupTech Ventures, an Egyptian early-stage venture capital firm focused on fintech and digital infrastructure. This investment forms part of Chari’s Series A extension round, following its previously announced US$12 million Series A raise. Founded in 2020 by…

German development finance institution DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH has announced a commitment of €35 million to Mediterrania Capital IV, the latest Africa-focused private equity fund managed by Mediterrania Capital Partners. This investment reinforces DEG’s long-standing partnership with Mediterrania and its continued support for sustainable private sector development…

Inspired Evolution, through its Evolution III Energy Transition Fund, has committed $30 million to Sedgeley Solar Group (SSG), a newly formed renewable energy platform in Southern Africa. This investment is part of a broader $60 million funding round led by a consortium that includes prominent development finance institutions FMO (Netherlands)…

Beltone Venture Capital has announced a highly successful exit from its investment in Cathedis, a leading Moroccan last-mile delivery and logistics platform. The exit generated a 100% internal rate of return (IRR), marking a significant milestone for the firm and underscoring its strategic investment acumen in the region’s fast-evolving tech…

The GAIA Climate Loan Fund has successfully completed its initial close, securing $600 million in capital. This milestone marks the beginning of a significant financial initiative aimed at supporting climate adaptation efforts in regions that are both highly vulnerable to the impacts of climate change and lack the resources to…

WildyNess, a Tunis-based traveltech startup specializing in community-based tourism (CBT) and sustainable travel experiences, has successfully closed a strategic pre-seed funding round to accelerate its regional expansion and strengthen its technology platform. The funding amount remains undisclosed, but the round was co-led by Bridging Angels and the African Diaspora Network,…

Chinese automotive giant Chery is actively exploring the establishment of a vehicle assembly facility in South Africa, a move that could significantly boost the country’s automotive manufacturing sector and create new employment opportunities. The company, which owns the fast-growing Omoda and Jaecoo brands, is currently conducting feasibility studies to assess…

In a bold and unprecedented move, the Danish government has announced a cross-party agreement to ban access to social media platforms for children under the age of 15, citing growing concerns over the mental health and well-being of young users in an increasingly digital world. The initiative, led by Digitalization…

Global fintech powerhouse Revolut has appointed Yacine Faqir as Chief Executive Officer for its operations in Morocco, marking a pivotal step in the company’s North African strategy. The appointment comes just three months after Amine Berrada, a former Uber executive, was named Head of Strategy and Operations for the country.…

The Foschini Group (TFG) has reported a challenging first half of its 2026 financial year, with strong revenue growth offset by a notable decline in profitability across its key markets—South Africa, the United Kingdom, and Australia. Financial Highlights Regional Performance South Africa United Kingdom Australia Capital Allocation and Shareholder Returns…