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    AfDB Backs Francophone Tech With $7.6m Bet on Saviu II Under New President

    Saviu II is managed by Saviu Partners and will target seed-stage and first institutional rounds, writing cheques of between €500,000 and €3m.

    MNT-Halan’s New Moat? Egypt Freezes New Fintech Licences After 182% Growth

    For MNT-Halan and its peers, the next 12 months offer something almost as valuable as capital: time.
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    Flutterwave Continues to Eye IPO with New CFO Appointment

    Flutterwave has been grappling with legal and regulatory challenges, particularly in Kenya, where it faced scrutiny over financial improprieties.

    Alter VC’s New $30M Fund Targets Startups in Nigeria, Kenya, and Egypt

    The firm, which began as a nonprofit entrepreneurial support organization nine years ago, has already raised nearly $5 million of the fund, according to its latest regulatory filing.

    Tracking Startup Failures in Africa: From Millions in Funding to Silent Shutdowns

    Redbird raised over $2 million in funding, with notable backing from South Africa’s Newtown Partners. However, despite its potential to improve healthcare delivery, the startup closed its doors,

    Kenya’s Jackfruit Finance Secures Funding to Advance Education Financing

    Jackfruit Finance’s approach involves a technology-driven solution that simplifies the loan application process for schools.

    Spanish Delivery Startup Glovo Appoints Kenya’s Shiro Theuri as CTO

    She was previously the VP of Engineering at Sendy, an end-to-end fulfillment platform.

    Effective Immediately: Free Internet for 18–25 Year Olds in Mauritius, Courtesy of Telecom Leader Emtel

    The offer is available on both prepaid and postpaid plans. Young people registered with the Mauritius Revenue Authority (MRA) will automatically receive 30 days of unlimited internet access (capped at 6GB per day) each month.

    Startup Act: Inside the New Startup Labelling System in Benin Republic

    Startups seeking the startup label must submit their applications online to the Technical Labelling Committee.

    Founder Institute Lands in Morocco

    The launch event, scheduled for September 10 in Casablanca, will focus on fundraising strategies, a critical aspect of startup growth.

    Nigeria’s Central Bank Delays Binance Executive’s Trial

    Gambaryan, a U.S. citizen and former IRS Special Agent, has been detained in Nigeria for over six months on charges of tax evasion and money laundering, despite having no decision-making authority at Binance.

    Sanofi Invests in Kasha Global to Boost Healthcare Access in Africa

    The investment from Sanofi will provide Kasha with the resources to expand its operations into additional African countries.

    Kenya’s Chpter Raises $1.2 Million to Expand E-commerce Platform

    Although Chpter operates independently of Marketforce, some of its investors have previously participated in the latter’s funding rounds.

    ‘We Were Targeting Markets in America and the UK, Thinking They Were Bigger’ — SWVL Founder on Failed Acquisitions

    "It’s not about copying — it’s about executing better and making something extraordinary out of it."

    Latest articles

    AfDB Backs Francophone Tech With $7.6m Bet on Saviu II Under New President

    Saviu II is managed by Saviu Partners and will target seed-stage and first institutional rounds, writing cheques of between €500,000 and €3m.

    MNT-Halan’s New Moat? Egypt Freezes New Fintech Licences After 182% Growth

    For MNT-Halan and its peers, the next 12 months offer something almost as valuable as capital: time.

    African Startup Funding in Early 2026: More Money, Less Venture

    The squeeze is most visible at the growth stages.

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model