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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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    Logistics Startup Logidoo Debuts Afridoo, a One-Stop E-commerce Shop

    This strategic move marks Logidoo’s expansion into the digital commerce space, offering a one-stop solution for businesses of all sizes looking to establish or expand their presence in the booming African e-commerce market.

    Profit Over GMV: Wasoko and MaxAB Shift Focus in Landmark African E-Commerce Merger 

    The integration of their 16 subsidiaries across multiple countries involved a meticulous eight-month process, reflecting the complexities inherent in such large-scale deals.

    Startup Nurseries: The Companies Birthing the Next Unicorn Founders in Africa

    Understanding which African startups are fostering this upward mobility is crucial, as it not only hints at where the next generation of African founders will emerge but also reveals which companies might not enforce non-compete clauses or other restrictive legal terms.

    SA’s Omnisient Secures $7.5M to Help Banks Learn How People Spend Loan Money

    In essence, Omnisient is a company that helps financial institutions like banks and insurance companies make better decisions about who to give loans or insurance to.

    Baobab Network Expands Its Portfolio with New Investments Across Africa

    Baobab Network, a prominent venture capital firm dedicated to supporting innovative startups across Africa,...

    MEST Africa Challenge 2024 Seeks Agri-Tech Startups in West Africa

    The winner of the MEST Africa Challenge will receive $50,000 in equity capital, along with invaluable access to MEST’s extensive network.

    SA Digital Bank Discovery Bank Reaches One Million Clients, Two Years Ahead of Schedule

    Discovery Bank's unique rewards program, which offers incentives for healthy living and responsible financial behavior, has proven to be a popular feature among its customers.

    Untapped Global Invests in Elimutab to Boost Educational Access in Kenya

    Since its launch, Elimutab has made significant strides in the Kenyan education sector. The company has sold over 9,000 tablets and formed partnerships with more than 120 schools.

    Egypt’s ValU Raises $22.3 Million in New Debt Financing

    ValU has revolutionized the financial services sector in Egypt by empowering millions of individuals through its buy now, pay later (BNPL) platform, U.

    Fintech Startup Rubyx Secures $1.6M to Help African Businesses Offer Automated Lending

    The Senegal-based fintech platform uses advanced algorithms to assess loan applications and automate the lending process.

    Egypt’s Menthum Launches New US Dollar Savings Fund

    Perhaps the most distinctive feature of the Menthum USD Fixed Income Fund is its unparalleled liquidity. Unlike traditional fixed-income products with lock-in periods, this fund allows for daily purchases and redemptions.

    Nigeria’s Struggling Quizac Finds a New Home in Tekedia Capital’s Embrace

    Tekedia Capital’s recent strategic acquisition of Quizac is the latest in a series of startup rescue operations in the tech sector in Nigeria.

    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