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    The Ghostwriters of Africa’s Tech Boom

    Yet beneath the noise of global audience metrics, a quieter, more revealing dataset is accumulating.

    An 85% Chance of a $3.1bn IPO Within Two Years: Inside Opera’s High‑Stakes OPay Bet

    OPay began life inside Opera in 2018, initially as a mobile wallet and ride-hailing service before quickly pivoting to payments.
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    Rising Telco Tariffs, Shrinking Margins: The Startup Hustle in Nigeria Gets a New Twist

    The timing of this tariff hike could hardly be worse for ordinary Nigerians. Inflation soared to over 30% in 2024

    The Panda Bond Boom: Why African Top Funders Are Rushing to China’s Debt Markets

    China's panda bond market has witnessed remarkable growth, with issuances hitting a record 194.8 billion yuan ($26.7 billion) in 2024 — a 26% increase year-on-year.

    IFC Halts $50m Credit Line for African Fintech Onafriq

    The IFC’s proposed $50m investment, comprising an A Loan and B1 Loan Participations, was intended to further fuel Onafriq’s growth.

    Nigeria’s SeamlessHR Secures $9M in Series A Extension to Drive Africa-wide Expansion

    Founded in 2018 by Emmanuel Okeleji and Deji Lana, SeamlessHR has rapidly established itself as a dominant player in the HR and payroll software market...

    Baobab Network Kicks Off New Investment Round Backing Nigeria’s CreditChek

    Baobab Network’s backing reflects confidence in CreditChek’s ability to replicate the success of solutions like Nova Credit, which has tackled similar challenges for immigrants in the U.S.

    AfDB Backs New Funding Deal Targeting Battery-Energy Solutions in Africa

    The anchor commitment from PIDG was made through InfraCo, its investment arm, with concessional capital provided by PIDG Technical Assistance.

    Local Scores to Settle: Glovo Faces Rising Heat from Rival in Morocco

    The inquiry is not limited to Glovo’s market conduct.

    Health-tech Firm Ilara Health Secures US Funding to Upgrade Kenyan Clinics

    The latest funding to Ilara Health is part of a larger portfolio of 22 transactions approved by DFC in the first quarter of FY2025, amounting to nearly $3 billion.

    Moroccan Car Wash Startup Washminute Bags Funding to Tackle Water Scarcity

    The investment marks Witamax’s first foray into the clean technology sector.

    Nature-Focused Travel Platform Conservio Secures $1M to Expand in Southern Africa

    The round was led by E4E Africa, with participation from Volve Capital, Living Hope Ventures, and seasoned tech entrepreneur Jonathan Smith

    The Top Small-Ticket VCs Backing Early-stage Tech Startups in Africa

    Investments in African tech startups go beyond supporting unicorns. There are hard-tilling VCs operating at the roots.

    Amazon Joins Local Competitors in Egypt and Nigeria in Cloud Computing Market Fight

    The ability to pay in local currencies levels the playing field somewhat, forcing local competitors to further refine their value propositions.

    Latest articles

    The Ghostwriters of Africa’s Tech Boom

    Yet beneath the noise of global audience metrics, a quieter, more revealing dataset is accumulating.

    An 85% Chance of a $3.1bn IPO Within Two Years: Inside Opera’s High‑Stakes OPay Bet

    OPay began life inside Opera in 2018, initially as a mobile wallet and ride-hailing service before quickly pivoting to payments.

    From M-Pesa to Flutterwave: Why Africa Built the Systems the World Now Needs

    "You cannot wait for perfect conditions because perfect conditions are never coming." - Ray Langa, Group CEO of Leagas Delaney South Africa, writes from Johannesburg

    Why Several African Fintechs Just Quietly Registered in Canada

    The current wave of registrations spans a range of business models.