Ecosystem News
WESTERN AFRICA
Binance Exec Denied Bail in Nigeria, Again After Nearly a Year
Gambaryan’s lawyer argued that his client’s health was in a “perilous” state, requiring urgent surgery for a herniated disc as well as psychiatric care due to severe anxiety and depression.
Latest Funding
Ivorian Fintech Waribei Secures Pre-Seed Funding to Expand its Digital Platform
Waribei was founded by Ladislas Pham and Frédéric Fameni. The startup’s platform addresses a long-standing issue in West Africa’s retail sector: the limited availability of credit to SMEs.
Ecosystem News
Transform Health Fund Closes at $111M, Targets More Health-Tech After Kenya’s Lapaire
By backing businesses focused on local supply chains, innovative care delivery, and digital solutions, the fund seeks to strengthen Africa’s healthcare systems while offering risk-adjusted returns to investors.
NORTHERN AFRICA
A Turning Point for Moroccan Startups? $24M New Fund Faces Uphill Battle
As bold as Morocco’s plans sound, they face an undeniable reality check.
Ecosystem News
France’s Largest VC Firm, Bpifrance, Establishes New Base in Egypt
In June this year, French President Emmanuel Macron announced the creation of the “Fonds Maghreb,” a €100 million fund aimed at North Africa.
Analysis & Opinion
Analysis & Opinions
For African Startups, Monthly Reports Are a Necessity for Landing Follow-on Funding
With the capital environment becoming more competitive, 72.2% of surveyed investors confirmed that they have ramped up their reporting requirements over the last 18 months.
Analysis & Opinions
The Rise and Fall of Crowdfunding Platforms in Africa: Why More Startups Are Looking Overseas
This preference for foreign-based crowdfunding platforms speaks to the challenges local ones face in meeting the needs of fast-growing startups.
Analysis & Opinions
Tired of Equity Deals? Meet the Growing List of Investors Backing Revenue-Based Financing for African Startups
Rather than surrendering equity or taking on high-interest debt, founders can receive loans based on future earnings and repay them through a percentage of their monthly revenue.
Analysis & Opinions
The Rise and Rise of Heavyweight National Startup Funds Across North Africa
In a region where access to capital remains a key challenge for many startups, Egypt Ventures, for example, has emerged as a model of how government-backed venture capital can play a catalytic role.
Analysis & Opinions
EV Battery Localization in Africa Gathers Steam: Major Deals Spark a Clean Energy Revolution
The drive to capture more value from Africa’s natural resources is not limited to battery recycling or electric mobility.
Partner Content
Partner Content
Morocco Seeks Incubators and Accelerators for National Venture Building Program
The initiative is aimed at attracting both national and international players in the venture-building ecosystem, including incubators and accelerators, to support Moroccan startups through a range of services.
Partner Content
Over 3,000 Withdrawal Points as Tunisia’s My Easy Transfer Debuts in Morocco
The Khenissi brothers, both of whom have backgrounds in global banking and technology, saw an opportunity to address the complexities of cross-border money transfers.
Partner Content
Inside a Big Move by Africa Global Logistics to Dominate Logistics Tech in Africa
Through its wide network across 47 African countries and beyond, AGL aims to be at the forefront of technological transformations in the continent’s logistics space.
Partner Content
Tunisian Edtech Startup GoMyCode Gains University Status Amid AI Threat
The timing of GoMyCode’s transition into an accredited university comes as the global education sector faces increasing uncertainty due to advances in artificial intelligence (AI).
Partner Content
South Africa’s TymeBank Nears Unicorn Status as It Surpasses 10 Million Users
Since its launch, TymeBank has established a substantial physical presence through over 1,000 kiosks and 15,000 retail points across the country.
Governance, Policy & Regulations Forum
Policy & Regulations Forum
Time to Take the Plunge: Ethiopia Opens Its Doors to Foreign Logistics Startups
The Ministry of Transport & Logistics (MoTL) has flung open the doors to its long-insulated logistics sector, inviting foreign investors to hold a full 100% ownership in logistics companies.
Policy & Regulations Forum
New Visa for Digital Nomads in Kenya? Don’t Pack Your Bags Just Yet
The Digital Nomad Work Permit promises remote workers from across the globe the opportunity to live and work in Kenya.
Policy & Regulations Forum
Are Nigerian Startups Ready for the Government’s New Tax Regime?
For small businesses — those blessed with less than ₦2 million ($1,197) worth of transactions per month — this sounds like a reprieve.
Policy & Regulations Forum
How Not to Run a Fintech in Ethiopia — Lessons from SunPay Solutions’ License Revocation
SunPay’s downfall wasn’t just about regulatory negligence. The company’s handling of day-to-day business affairs also left much to be desired.
Policy & Regulations Forum
The Costly Mistakes of Registering African Startups Overseas
In practice, many African founders discover that access to these services is not guaranteed.
All the Latest Articles
WESTERN AFRICA
Binance Exec Denied Bail in Nigeria, Again After Nearly a Year
Gambaryan’s lawyer argued that his client’s health was in a “perilous” state, requiring urgent surgery for a herniated disc as well as psychiatric care due to severe anxiety and depression.
Latest Funding
Ivorian Fintech Waribei Secures Pre-Seed Funding to Expand its Digital Platform
Waribei was founded by Ladislas Pham and Frédéric Fameni. The startup’s platform addresses a long-standing issue in West Africa’s retail sector: the limited availability of credit to SMEs.
Updates
Endeavor South Africa Raises $10.8M in First Close of Harvest Fund III, Targets African Tech Firms
Endeavor aims for similar outcomes with Harvest Fund III, targeting a return of 25%, or three to four times the invested capital.
Ecosystem News
Transform Health Fund Closes at $111M, Targets More Health-Tech After Kenya’s Lapaire
By backing businesses focused on local supply chains, innovative care delivery, and digital solutions, the fund seeks to strengthen Africa’s healthcare systems while offering risk-adjusted returns to investors.
Updates
Candi Solar Secures $18M in New Funding to Expand Solar Energy Projects in South Africa
Candi Solar, a leader in distributed solar power solutions for the commercial and industrial...
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