The venture unit is not the only part of Beltone's technology drive. The group has been building out its own artificial intelligence capabilities through a subsidiary called Robin.
A South African high court has rejected a final attempt by Africa Founders Ventures and its business rescue practitioner to overturn a winding-up order.
The pan-African initiative backed by the French development finance system is launching its first dedicated seed vehicle, targeting 30 startups across 20 countries.
A series of recent funding rounds involving prominent African venture investors reveals a quiet but significant shift: the continent's most active backers are writing cheques for companies that may never prioritise Africa at all.
The FMCG distribution startup is battling a $2.8m debt recovery suit from Moniepoint as macroeconomic headwinds batter the country's B2B commerce sector.
Cairo wants to pay companies to design semiconductors and embedded systems in Egypt, betting that a young engineering workforce can finally shake off the country's outsourcing stereotype.
A circular issued recently by the CBE expands the legal definition of "financial companies" to include fintech startups, money transfer operators, and SME lenders.
The refresh brings the five-member supervisory board a mix of development finance heft, pan-African operational experience and capital markets discipline.
Côte d'Ivoire's state investment arm has distributed its largest single-event startup funding package to date, extending a deployment streak that now spans two consecutive years and multiple sectors.