South Africa: South Africa Inflation Rises to Nearly Two-Year High

South Africa's inflation rate rose to its highest level in almost 2 years in May, driven by higher energy prices linked to the US-Israeli war with Iran. Read more »

Southern Africa: Holocene Closes Southern Africa Climate Tech Fund

Holocene closed its first venture fund, marking the final close of what it describes as Southern Africa's first dedicated high-growth climate tech fund. Read more »

South Africa: Aions Ventures Launches $6.1m South Africa Seed Fund

South African venture capital firm Aions Ventures launched Aions Seed Fund I, a ZAR100 million fund to back early-stage technology startups. The fund is designed to help local… Read more »

South Africa: Kloset Klub Raises Seed Funding for Circular Fashion Growth

South African circular fashion platform Kloset Klub raised seed funding to expand its resale and wardrobe-management business. Read more »

South Africa: Redpoint Advisors Buys South African Intelligence Firm Voxcroft

South African open-source intelligence company VoxCroft Analytics has been acquired by US-based Redpoint Advisors in a deal aimed at strengthening intelligence and risk-analysis… Read more »

South Africa: Canal+ Becomes First French Company to List in Johannesburg

Canal+ rose in its Johannesburg Stock Exchange debut after the French media group completed its acquisition of MultiChoice, giving South African investors exposure to the enlarged… Read more »

South Africa: South Africa's Yoco Acquires Dyner to Expand AI Tools for SMEs

South African fintech Yoco has acquired Dyner.ai, an AI-powered software platform for restaurants and independent businesses, as it expands beyond payments into business management… Read more »

Africa: Morocco Overtakes South Africa As Africa's Most Industrialised Economy

Morocco has displaced South Africa at the top of the African Development Bank's Africa Industrialisation Index for 2025, ending a 15-year run for South Africa as the continent's… Read more »

South Africa: South Africa Raises Rates for First Time Since 2023

The South African Reserve Bank raised its key repo rate by 25 basis points to 7% on May 28, its first increase since 2023, as inflation risks rose after the Middle East crisis… Read more »

South Africa: South Africa Delays AI Policy After Fake References Scandal

South Africa has delayed its national artificial intelligence policy to January 2027 after withdrawing an earlier draft that included fabricated academic references. Read more »

South Africa: South Africa's Altron Declares $30m Special Dividend After Profit Jump

Altron declared a R500 million special dividend after a rise in profit and cash generation, giving shareholders one of their largest payouts from the South African technology… Read more »

Africa: South Africa's Mia Healthcare Raises $920k for Mobile Dental Care

South African e-health startup Mia Healthcare Technologies raised ZAR15 million, or about $920,000, to expand access to affordable dental and orthodontic care. Read more »

South Africa: South Africa Inflation Hits 20-Month High On Fuel Costs

South Africa's inflation rate rose to the highest level in 20 months in April, driven by higher fuel prices linked to the Iran war and its effect on global energy markets. Consumer… Read more »

South Africa: Shiprazor Raises $2.65m Seed to Cut E-Commerce Delivery Costs

Shiprazor, a Cape Town-based e-commerce logistics platform, raised $2.65 million in seed funding to help online merchants cut delivery costs, improve checkout conversion and manage… Read more »

South Africa: South Africa's Secha Capital Reaches Second Close of $40m Impact Fund

Secha Capital has reached a second close for its growth-focused fund, Secha Capital Impact Fund II, targeting a final size of $40 million. Read more »

Seychelles: Zimbabwe to Get First Gold ETF On Victoria Falls Exchange

First Mutual Wealth Management is preparing to list Zimbabwe's first gold exchange-traded fund on the Victoria Falls Stock Exchange, with a target launch date of May 8, 2026. Read more »

Zambia: OneSquarek Plans Listing On Lusaka Exchange Alternative Market

OneSquareK Property Development plans to list on the Alternative Market of the Lusaka Securities Exchange, according to its adviser Money Acumen Advisory. The listing remains… Read more »

South Africa: Canal+ to List On Johannesburg Exchange After Multichoice Deal

Canal+ will list on the Johannesburg Stock Exchange on June 3, becoming the first French company to trade on the market. The move follows its acquisition of MultiChoice, completed… Read more »

South Africa: SA-Based Ai Diagnostics Raises $5.2m to Expand TB Screening Tech

AI Diagnostics has raised ZAR85 million, or about $5.2 million, to scale its tuberculosis screening platform. The funding will support clinical research, product development and… Read more »

South Africa: South Africa's Refiant Raises $5m to Build Efficient Ai Models

South African startup Refiant AI has raised $5 million in a seed round to develop tools that reduce the size and energy use of artificial intelligence models. The funding will… Read more »

Mozambique: Mozambique Clears $700m IMF Debt Ahead of Schedule

Mozambique has repaid about $700 million to the International Monetary Fund ahead of schedule, eliminating all outstanding credit with the institution. IMF data shows the… Read more »

South Africa: FirstRand Issues $149m Ecological Restoration Bond in Global First

FirstRand Ltd. sold a 2.5 billion rand bond, about $149 million, that ties investor returns to environmental outcomes in a Cape Town water catchment. Read more »

South Africa: Coca-Cola Plans to Invest $1b in South Africa Expansion Through 2030

Coca-Cola Co. will invest 17.6 billion rand in South Africa through 2030 to expand production and distribution. The company said the funding will support capacity growth and… Read more »

South Africa: Cape Town Eyes Higher-Value Outsourcing Jobs in $413b Market

Cape Town is seeking to expand beyond call-center operations by developing a global capability center sector, aiming to create higher-value jobs in business services. Read more »

Africa: Mozambique Becomes Africa's Most Distressed Sovereign As Spreads Surge

Mozambique has overtaken Senegal as Africa's most distressed sovereign borrower, as rising global energy costs add pressure to its finances. Read more »