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    Ecosystem News

    AFC Tests Nigerian Pensions’ Appetite with $750M Climate Fund

    Registered with Nigeria’s Securities and Exchange Commission as a closed-end fund, it targets allocations from pension fund administrators (PFAs) and insurers.

    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.

    Telegram Ads, Money Mules and $16bn: The Shadow Corridors Linking China to Africa

    Chinese-language money laundering networks (CMLNs) have begun openly marketing their financial services to operators in five sub-Saharan African countries, according to latest reports.

    Jumia Secures $50m IFC-Backed Emergency Raise After Total Equity Crashes 98%

    African e-commerce group Jumia Technologies was left with just $367,000 of total equity at the end of June

    From Lagos Ride-Hailing to Global Robotaxis: Moove Raises $250M at $2.1B Valuation

    The valuation represents a 2.8-fold increase from the $750mn the company commanded in its $100mn Series B round led by Uber in 2024.
    Analysis & Opinion

    From Wages to Fraud to Deliveries: The Pattern Behind South Africa’s Recent Startup Funding

    A run of recent funding rounds shows local venture capital gravitating toward one type of company - regardless of sector.

    Why Africa’s Current Capital Concentration at the Top Isn’t a Temporary Lag

    Fewer than one in twenty newly formed African-focused funds can write a cheque above $10m. The continent's largest deals in the first half of 2026 were financed by debt and by global capital with no African mandate at all.

    Africa’s Top Equity Investors in Tech in H1 2026

    For founders and investors, it is a signal that capital is moving to jurisdictions where the rules are more predictable and the political climate is more stable.

    Context Is the New IP: Inside the New Wave of Africa’s Early-Stage AI Micro-M&A

    The trend also reflects the commoditisation of foundation models.

    Third-Party Vendors vs. In-House Builds: The Real Divide in African Banking’s AI Success

    "Africa's banks don't have an AI problem. They have an architecture problem."

    Industry

    From Quebec to Africa: The Obscure Telecom Making a High-Stakes Nasdaq Debut

    In a market where the “landlord” model has proven wildly profitable, can the capital-hungry builder ever catch up?

    Five35 Widens Female-Focused Bets as African Funding for Female Founders Dries Up

    Five35's portfolio sits largely outside fintech, the sector with the weakest gender balance among Africa's largest technology verticals.

    From Matchmaker to Fund Manager: Why Exits MENA Is Buying Its Way Into Direct Investment

    The Cairo-based advisory platform is taking control of a bank-backed private equity vehicle, a move that blurs the line between deal broker and principal investor.

    Inside dLocal’s $23.7M AZA Finance Deal: $22.8M of Customers, IP and Goodwill

    The Nasdaq-listed payments group settled its restructured Africa transaction without paying cash.

    Post-Office Relief: US Kills BOI Rules in Stealth Win for Foreign Tech

    By dismantling beneficial ownership registers, Washington inadvertently protected foreign tech entrepreneurs from fines and privacy leaks.

    Governance, Policy & Regulations Forum

    School Fees, Secret Loans, and a CEO Ban: Inside Egypt’s Wildest Fintech Scandal

    The regulatory fallout from the Global Paradigm affair signals that Cairo’s toleration for aggressive fintech origination tactics has reached its limit.

    Long Detection Lag: The Thread Running Through Senegal’s Fintech Heists

    Several insider-fraud cases in twelve months share less to do with the amounts stolen than with how long nobody noticed.

    Once Bitten, Twice Global: Africa’s Stablecoin Darlings Build Their Escape Hatches

    As global investors pour millions into African cross-border infrastructure, local central banks appear to be pushing back.

    Stablecoins, Remote Work, and Sweeping Levies: Can Nigerian Crypto Survive Its Tax Winter?

    Nigeria’s proposed plan—demanding that withholding tax be paid in the native token and remitted to a government-controlled wallet—is a radical departure from global norms.

    Why Kenya’s Crypto Clampdown Is a Fortress for Banks

    The new virtual asset rules demand high capital, local custody, and bank-held reserves - creating a moat that traditional lenders are perfectly positioned to fill.

    All the Latest Articles

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month:

    From Quebec to Africa: The Obscure Telecom Making a High-Stakes Nasdaq Debut

    In a market where the “landlord” model has proven wildly profitable, can the capital-hungry builder ever catch up?

    School Fees, Secret Loans, and a CEO Ban: Inside Egypt’s Wildest Fintech Scandal

    The regulatory fallout from the Global Paradigm affair signals that Cairo’s toleration for aggressive fintech origination tactics has reached its limit.

    AFC Tests Nigerian Pensions’ Appetite with $750M Climate Fund

    Registered with Nigeria’s Securities and Exchange Commission as a closed-end fund, it targets allocations from pension fund administrators (PFAs) and insurers.

    South Africa’s Verascient Raises $1.2m for AI ‘Operating System’ for Businesses

    South African-founded AI infrastructure company Verascient has raised $1.2 million (R19.5 million) in an...