Moove raises $23m to democratise vehicle ownership

Moove, an African mobility fintech, has raised $23-million in Series A funding. The round was led by Speedinvest and Left Lane Capital, with participation from DCM, Clocktower Technology Ventures, thelatest.ventures, LocalGlobe, Tekton, FJ Labs, Palm Drive Capital,...

EOH to list on A2X

EOH Holdings has been approved for secondary listing on A2X Markets and its ordinary shares will be available for trade from Friday 13 August 2021. EOH Limited will retain its listing on the Johannesburg Stock Exchange (JSE) and its issued share capital will be...

Homegrown battery manufacturer secures R20m investment

I-G3N, a black empowered female-owned SME that has successfully developed lithium-ion batteries specifically for the African continent, has successfully raised R 20 million from Edge Growth and the ASISA ESD initiative. Edge Growth and the ASISA ESD initiative have...

Imperial creates value of R200bn in Nigeria and SA

In F2019 and F2020, Imperial created value of R146-billion and R98-billion for its stakeholders and communities in Nigeria and South Africa respectively, as confirmed by a recent Socioeconomic Impact Assessment study undertaken by Accenture. “Imperial plays a...

Nedbank provides R6,4m for relief and rebuilding

Nedbank is providing more than R6,4 million to support clean-ups, humanitarian relief and infrastructure rebuilding due to the unrest in Gauteng and KwaZulu-Natal. Poovi Pillay, executive head of the Nedbank Foundation, comments: “We are saddened by the recent...

Tracy Bolton is SAP’s new COO

SAP Africa has announced the appointment of Tracy Bolton as its new chief operating officer for the Africa region. Cathy Smith, MD of SAP Africa, says Bolton has played a crucial role in helping SAP expand its offering to new customers and drive cloud adoption among...