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    Tunisian State Fund Invests $4M in Its Ex-Investment Officer’s New VC

    The fund is targeting a final close of $100m, having secured a first close of $30m from the QIA.

    Cairo to Riyadh: The New Gold Rush for Egyptian Edtech

    The attraction for these startups goes far beyond simple market size.
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    After a $75M Proptech Round, Egypt’s Regulator Steps In With New Set of Regulations

    The move brings an end to the sector’s “ask for forgiveness, not permission” phase.

    The Vancouver Firm That’s Brokered 630+ Deals for African Healthtech Startups

    As traditional development assistance from major donors like the US and UK faces cuts, the need for sustainable, locally-led health solutions is growing.

    Fintech Unicorn Wave Taps Ex-MTN Exec to Lead Its Cameroon Operations

    Cameroon now accounts for over 70% of all mobile money activity in the six-nation CEMAC bloc, which the Bank of Central African States (BEAC) reported processed over €90bn in transactions in 2022.

    What It Takes to Land a Corporate Investment for Your Startup in Africa Currently

    The investment theses of Africa's CVCs are often less about radical disruption and more about pragmatic self-interest. African founders are taking note.

    SA’s TurnStay Raises $2m to Slash Africa’s Hidden Travel Payment Fees

    The round was led by the Africa-focused fintech fund First Circle Capital.

    South Africa’s Largest Bank Capitec Taps Fintech Mama Money to Capture Migrant Remittance Market

    This bank-fintech tie-up is a noteworthy example of embedded finance in an emerging market, where a large incumbent institution opts to integrate a specialist’s technology rather than build its own competing product.

    Flat6Labs Launches F6 Ventures, Pivoting to Larger Investments After 14 Years

    F6 Ventures will now manage the group’s venture capital funds.

    A Calendar of Funding Deadlines for African Startups

    Check out the latest startup funding headlines for African startups you may have missed.

    After Ditching Subscriptions, Egypt’s Wuilt Raises $2M to Build Free E-Commerce Infrastructure

    The Cairo-based startup is sacrificing recurring revenue and betting on a free platform to capture the MENA region's vast market of small businesses and social sellers.

    The Clock is Ticking: BCEAO Unveils New Payment System as Fintech Ban Nears

    However, the shiny new platform isn’t just a public good; it’s the centrepiece of a much larger, and more forceful, regulatory strategy.

    Africa’s Mid-Year Startup Funding Boom Favored Early-Stage Startups

    T he early-stage investments show a remarkable diversity.

    MEST Africa Challenge: MEST Africa and Banking Giant Absa Team Up to Find Africa’s Next Top Fintech

    This year’s edition is dedicated exclusively to FinTech startups.

    Latest articles

    Tunisian State Fund Invests $4M in Its Ex-Investment Officer’s New VC

    The fund is targeting a final close of $100m, having secured a first close of $30m from the QIA.

    Cairo to Riyadh: The New Gold Rush for Egyptian Edtech

    The attraction for these startups goes far beyond simple market size.

    Circle Backs $20m African Blockchain Fund as Stablecoin ‘Utility Wave’ Grows

    Capital is flowing to African blockchain companies solving long-standing problems of currency volatility, cross-border payment friction, and financial exclusion.

    AfricInvest Leads $22M Round for Kredete, a Fintech Tackling the Immigrant Credit Gap

    Investors are flocking to Africa's stablecoin infrastructure, with Kredete's deal marking the latest in this wave.