More

    Staff Writer

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

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

    Keep exploring

    Morocco Brings In 500 Global and Renew Capital for New $70m Venture-Building Push

    The inclusion of Renew Capital and 500 Global suggests a tactical effort to fix one of the Moroccan market’s historical weak points: insularity.

    Egypt’s Nawah Scientific Raises $23M Series A to Export Its “Cloud Lab” Model to Rwanda and Saudi Arabia

    Founded in 2015, Nawah began as a solution to Sakr’s own frustrations as a researcher unable to find adequate lab facilities in Egypt.

    “You Can’t Lend to What You Can’t See”: Rwandan Fintech Kayko Raises $1.2m to Digitise the ‘Invisible’ SME

    The startup was founded in 2021 by brothers Crepin and Kevin Kayisire, both graduates of the African Leadership University (ALU) in Kigali.

    Egyptian Fintechs Pivot to Real Estate Funds as Inflation Bites

    The move comes after the Financial Regulatory Authority (FRA) approved a raft of new licenses for digital real estate investment funds (REIFs).

    Lagos Enters the Mobility Wars With a $100m War Chest to Rival Uber’s Moove

    The battle for the soul of Lagos's transport system just got a nine-figure injection.

    Nigeria Leads the Charge as Local African VCs Look Beyond Their Borders in 2025

    While global funding cools, local African firms are building new investment corridors - with South Africa emerging as the prime target.

    Dot Com Zambia’s IPO Caps a Lively Year for African Tech Listings

    The massive oversubscription in Morocco (Cash Plus) and the solid retail turnout in Zambia (DCZ) debunk the myth that African retail investors won’t buy tech.

    The ‘Acqui-Hire’ Playbook: Inside Netcare’s Strategic Acquisition of South Africa’s Quro Medical

    Netcare’s initial 55.88% stake grants it immediate control over Quro’s board.

    Local Capital First: Why SA’s R4.6bn Startup Buyout Spree Is Reshaping Africa’s Startup Exit Playbook

    South Africa’s R4.6 billion buyout spree demonstrates that domestic exit markets can flourish in Africa when specific conditions align.

    From Idea to Investable: The ‘Product-First’ Playbook Behind Africa’s ‘Toughest’ Fund

    With an acceptance rate of just 0.1%, the fund is deliberately designed to filter aggressively for ideas that can survive real-world scrutiny before capital ever becomes the differentiator.

    Algeria’s Public Startup Fund Scores First Exit as Travel-Tech Völz Raises $5M

    The deal marks a liquidity event for the state-backed Algerian Startup Fund and signals the entry of local industrial capital into the tech ecosystem.

    The Human Cost of Peak Season: Why Retail’s Busiest Period Demands a People-First Strategy

    Ashwin Rajah, Founder of the Stress to Success System and Mindset Matters, and a Partner at Change Partners, writes from Midrand, South Africa.

    Latest articles

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

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

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.