Cape Town

African startups commence 2016 with $10mln investment

Technology startups in Africa may get $10 million funding in early 2016 as Silvertree Capital sees the rosy picture. Silvertree Internet Holdings is keen on scaling technology and commerce companies and has already invested $5 million in business building operations and acquisitions. South Africa, Nigeria and Kenya are favored the most among African countries.

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Briton denies guilt in South African 'honeymoon murder' trial

Millionaire British businessman Shrien Dewani on Monday denied arranging his bride's murder during their honeymoon in South Africa, four years after she was found shot dead in an abandoned car.

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African startup accelerator 88mph to expand to Nigeria

Cape Town, South Africa-based startup accelerator 88mph is expanding to Lagos, Nigeria to begin a new venture with seed funding specialist L5Lab to fund startup programs.

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