More

    Staff Writer

    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.
    spot_img

    Keep exploring

    Ghana Approves Starlink: Satellite Internet Service Now Available by August End

    This development marks a significant turnaround from earlier this year when the NCA declared Starlink’s operations in Ghana illegal, citing the company’s lack of a license.

    Scaling Up: Andela Welcomes Ex-Uber Operations Head as New CEO

    As Andela enters its next chapter, the company is poised to capitalize on the growing demand for skilled digital talent worldwide.

    ASEP Program: 60 Algerian Startups Leave for Innovation Hubs in China and South Korea

    The two delegations of 30 startups each will embark on an intensive 15-day learning journey. During this trip, they will make 18 strategic stops at leading technology hubs.

    AfriLabs Expands Network, Welcomes 18 New Hubs

    AfriLabs' network of hubs provides a collaborative environment where innovators, entrepreneurs, and creatives can thrive.

    Now Defunct, Agritech Startup Gro Intelligence Has a Mountain of Court Cases to Climb

    For Sara Menker, who is now representing herself in court, these legal battles represent a stark contrast to the heights she once achieved as a leader of a tech unicorn.

    Ride-Hailing Company Bolt Caught in the Middle of a Fierce Nigeria-South Africa Digital Crossfire

    The online battle quickly descended into a “Bolt for Bolt” exchange, with users on both sides vowing to outdo the other.

    Saudi Prince Backs Egyptian Climatetech Startup NoorNation

    NoorNation, founded in 2021 by Ragy Ramadan, has developed a groundbreaking product called LifeBox. This innovative solution delivers clean energy and safe water to rural communities, farms, and tourism businesses, offering a much-needed alternative to traditional, often unreliable, energy sources.

    Renew Capital Investment Series: BuuPass and MPost Join the List

    Renew Capital has announced strategic investments in two innovative African companies, BuuPass and MPost,...

    Orange Corners Innovation Fund Opens Doors in Algeria and Egypt

    In this latest round of funding, Orange Corners Innovation Fund is expanding its reach to Algeria and Egypt, partnering with the Algerian Startup Fund (ASF) and a collaboration between Falak Startups and Athar Accelerator, respectively.

    Solarise Africa Secures $8.9M Boost for Renewable Energy Push

    “Despite a recent slowdown in residential solar installations due to reduced load-shedding, the C&I solar market remains robust.”

    From Herding Cows to Raising $12.6M: Africa’s Pioneer University Venture Fund Shifts Focus to Major Profits

    A university once known for managing a herd of cows through its technology venture unit is now leading Africa’s tech revolution.

    Remittance Fintechs Rake in Revenue as Nigerians Abroad Send Record $553M Home in July 

    In June, the bank issued a directive requiring banks and IMTOs to pay all diaspora remittances in Naira and match them with corresponding foreign currency inflows.

    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