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News published about South Africa

How to Raise Funds for Startups in Africa in 2025: A Practical Guide for Founders
Tech In Africa - Nov 24, 2025
African startups raised $2.65 billion between January and October 2025, marking a 56% increase from 2024. In Q1 2025, startups secured $460 million from deals worth $100,000 and above, showing only a 5% dip from Q1 2024.

A Modern Payments System Starts With Choice
IT News Africa - Nov 24, 2025
The PayInc Cash Index indicates that cash supply has eased, but demand for cash remains steady for lower-value transactions. Many South Africans instinctively switch between cash and digital payments based on convenience and familiarity.

Africa’s Startup Exit Activity Rises with 37 Exits in 2025, but Liquidity Remains Constrained
Tech In Africa - Nov 20, 2025
There were 37 startup and scale-up exits by fund managers in 2025. 22 of these exits resulted from trade sales, with 40.5% involving international buyers.

Jumia CEO sees ‘Inflection Point’ as Q3 revenue climbs 25% to $45.6 million
Bendada.com - Nov 12, 2025
Jumia's revenue for Q3 2025 reached $45.6 million, a 25% increase year-over-year. Operational losses decreased to $17.4 million, down 13% from the previous year.

FNB Recoginezed as SA’s Best Digital Bank for 2025 by SITEisfaction
IT News Africa - Nov 07, 2025
FNB recognized as South Africa’s Best Digital Bank in SITEisfaction®’s annual survey. Achieved a top score of 73.34 in customer satisfaction for digital banking services.
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