inq expands SA footprint with Syrex acquisition

inq, a Convergence Partners company, is set to acquire Syrex, a provider of hyperconverged cloud technology solutions in South Africa, for an undisclosed amount. The agreement is subject to customary conditions including approvals by the Competition Authority of South...

African fintech accelerates global expansion

Cape Town-based fintech Mama Money is growing fast as it expands globally. This year, its cross-border money transfer volumes have more than doubled compared to the previous quarter with the company aiming to double its market share by developing new services as it...

HAVAÍC completes final close of its Universum Core African Fund

Cape Town-headquartered venture capital (VC) firm HAVAÍC has announced the third and final close of its second pan-African investment fund. The Fund invests in start-ups born in Africa that use technology to solve real-world local, regional, and international...

Analysys Mason acquires Northern Sky Research

Datatec has announced that its subsidiary Analysys Mason has acquired Northern Sky Research, (NSR), a global provider of satellite and space market research and consulting services. NSR is a specialist in the analysis of growth opportunities across four core industry...

Sophos acquires SOC.OS

Sophos has acquired SOC.OS, which provides a cloud-based security alert investigation and triage automation solution. The solution consolidates and prioritises high volumes of security alerts from multiple products and platforms across an organisation’s estate,...

Unicorn Group launches pan-African incubation program

Unicorn Group has launched its fourth incubation program for entrepreneurs on the African continent. This incubation program, described as the first ‘truly’ pan-African program, will run concurrently across six African countries – Nigeria, Ghana,...