Filings from the Nigerian fintech unicorn disclose heavy spending on salaries and fees to pave the way for its acquisition of a regulated British payments firm.
The first rule of fundraising is knowing where the money is. Here's a comprehensive guide on who to pitch, where to find them, and how to approach them. In 2025, the majority of VC fundraising activity in African startups has come from these sources.
Whether this momentum continues through the year’s final quarter will determine if 2025 marks a genuine recovery in African tech funding or simply matches the previous year’s performance.
The dual role reflects an emerging pattern in African venture capital, where founders leverage operational expertise whilst pursuing investment opportunities.
Musashi, a global manufacturer with 36 sites worldwide, is known for differential assemblies and transmission gears for traditional and electric vehicles.
When an employee leaves an organisation, most leaders focus on succession, handovers, and HR paperwork. But behind the scenes, many holes may have been created.
Last year, TLcom Capital, together with Flourish Ventures, backed South African fintech LittleFish. However, that investment ended up in court, with one of LittleFish's founders fighting for his 'life' in the company post-deal.
Just as fintech unicorn Wave squares up against incumbents MTN and Orange, Cameroon's state-owned telco has decided to crash the mobile money party with its own long-promised service.
Last year, TLcom Capital, together with Flourish Ventures, backed South African fintech LittleFish. However, that investment ended up in court, with one of LittleFish's founders fighting for his 'life' in the company post-deal.
