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    Edtech Platform Abwaab Acquires Egypt’s Eduact in Bid to Consolidate Fragmented Market

    The Jordan-based group is expanding its footprint in the Arab world's most populous education market

    What a LinkedIn Account Is Worth to South African Founders

    South Africa’s venture capital market is small, but its founders have found an unlikely way to get in front of investors.
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    Egyptian Fintech Raseedi to Offer 5-Minute Loans After Kashat Acquisition Deal

    Raseedi currently boasts 120,000 monthly active users and aims to increase this figure to 1.5m within six to eight months.

    From Remittances to Deposits: Mukuru Launches Banking Operations in Zimbabwe

    Remittances from the Zimbabwean diaspora reached $1.9 billion between January and September 2024, a 16.5% increase compared to the same period in 2023.

    Expensya Founders Exit Two Years Post-Medius Deal, Launch AI Venture

    In 2023, Medius, a leader in accounts payable automation, acquired Expensya for a reported sum exceeding $100 million.

    Why New CEOs Struggle to Save African Startups After Founder Ousters

    Post-Bench — the Canada-based accounting and tax platform that shut down after raising $113 million — founders worldwide are increasingly scrutinizing their cap tables.

    Global Investors Are Buying Up South African Cybersecurity Firms in Record Numbers

    The feeding frenzy is showing no signs of abating anytime soon.

    Top African Infrastructure Investor Taps Chinese Markets for Funding

    “The AAA rating allows us to forge stronger ties with Asian markets, enabling investments that drive economic development, job creation, and prosperity in Africa.”

    Marseille: A New Entrepôt for Startups in Tunisia

    L’Accélérateur M, a Marseille-based accelerator programme, has seen Tunisian startups comprise approximately 90 per cent of its international cohorts.

    Egypt Goes for Remittance Digitization, Part Two: Big Players Tighten Their Grip

    In a bid to fortify its foreign currency reserves and modernize money transfers, the...

    Ethiopia Rings the Bell: Stock Market Returns After Five Decades

    Ethiopia, Africa’s second most populous nation with approximately 120m people, experienced robust economic growth, often exceeding 10 per cent annually, between 2004 and 2019.

    29 Deals in 2024: Digital Africa Prepares for Bigger Checks in 2025

    With an investment envelope of €6.5m, Fuzé provides seed funding and follow-on investments.

    Visa Revives Africa Fintech Accelerator as Investment Landscape Tightens

    Applications for the 2025 Visa Accelerator Program for fintech startups in Africa are open until March 15, 2025.

    Over 35% of MultiChoice’s Revenue Now Flows Through Fintech Firm Moment

    Launching with Showmax and DStv as initial clients, Moment started processing payments for parts of the Multichoice group in January 2024.

    Latest articles

    Edtech Platform Abwaab Acquires Egypt’s Eduact in Bid to Consolidate Fragmented Market

    The Jordan-based group is expanding its footprint in the Arab world's most populous education market

    What a LinkedIn Account Is Worth to South African Founders

    South Africa’s venture capital market is small, but its founders have found an unlikely way to get in front of investors.

    IFC Eyes $4m Check in West Africa’s Gigmile as Asset-Financing Fintech Scales

    The proposed injection would form part of the company’s Series A round.

    The East Is Settling Into African Tech, Quietly

    A Toyota-backed fund, an Abu Dhabi sovereign investor and a Hong Kong merchant bank sat at the centre of August's largest African-linked funding round. None of them was there by accident.