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    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.
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    A headline funding recovery masks a fundamental restructuring of the continent's startup landscape.

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    The era of the “Wild West” in Ugandan fintech is officially over

    Helios Extends Data Centre Buying Spree Across North Africa

    The formation of 3MDC is not an isolated event. It follows closely on the heels of Helios’s aggressive move into the Egyptian market in September.

    End of the Road for Banxso Executives: South Africa’s Fintech Dream Turns Into a $118M Nightmare

    Banxso (Pty) Ltd once styled itself as a high-tech gateway for everyday South Africans to trade global markets with ease.

    “Open” vs “Owned”: A Two-Track EV Strategy Emerges in East Africa

    Seven of twelve African e-mobility companies that raised funding this year focus on battery-swapping infrastructure rather than vehicle charging, making standardisation increasingly critical.

    The Lessons from Cash Plus’s $5.2bn Oversubscribed IPO

    Here are the numbers behind the frenzy and the four key lessons for the ecosystem.

    From Logistics to Fintech, E-Commerce to Mushrooms: Inside Africa’s Year of Unlikely Comebacks

    Data compiled from recent African startup failures shows that once a founder experiences a shutdown, 68.3% never return to launch new ventures.

    Uber Backer Founder Collective Joins $2M Bet on South African Stablecoin Payments

    The round was led by Raba Partnership, a VC firm with a strong track record in African fintech (including Flutterwave and Stitch).

    Walletdoc Founders Exit as Capitec Acquires South African Fintech for $23.5M

    Capitec is paying a premium for the established payment stack.

    Egypt Mandates State Insurance Funds to Pump Cash Into Local Equities

    The Egyptian Exchange will soon be awash with cash from unusual corridors.

    Phygital Scale: Ghana’s CarePoint Taps Japanese Debt to Push “Micro-Clinic” Model Into Egypt

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    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.