More

    Staff Writer

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    The Glitch in the System: Why SA Universities Are Turning Off the ‘AI Polygraph’

    “AI detectors do not know if a machine wrote a text; instead, they measure statistical signatures..."
    spot_img

    Keep exploring

    Inside a Big Move by Africa Global Logistics to Dominate Logistics Tech in Africa

    Through its wide network across 47 African countries and beyond, AGL aims to be at the forefront of technological transformations in the continent’s logistics space.

    Pan-African Startup AMAKA Studio Raises $2M Seed Funding to Connect Brands with Content Creators

    The round was led by Equitane (formerly known as the Africa Transformation and Industrialization Fund: ATIF), alongside contributions from Morgan Stanley Inclusive Ventures Lab, Silverbacks Holdings, and a network of angel investors.

    Tunisian Edtech Startup GoMyCode Gains University Status Amid AI Threat 

    The timing of GoMyCode’s transition into an accredited university comes as the global education sector faces increasing uncertainty due to advances in artificial intelligence (AI).

    Dubai’s Global Ventures Sets Sights on Expanding African Startup Portfolio with New Fund

    Global Ventures has previously made notable investments in a variety of African startups, including Kenya's Ilara Health, Egypt's Paymob, Nigeria's Moniepoint. Others include Helium Health, Metro Africa Xpress Inc. (MAX), Elmenus…

    SA’s Scale Raises $700K Pre-Seed to Enable African Fintechs Launch and Manage Card Payments

    The $700,000 in pre-seed funding will allow Scale to accelerate its market entry into three African nations, where the company aims to enable fintechs and other businesses to offer payment solutions that are otherwise challenging to deploy.

    Adumo Shareholders to Receive $12M in Cash Post-Exit as Lesaka Completes Acquisition

    Lesaka’s acquisition of Adumo was valued at approximately ZAR 1.67 billion ($96.2 million).

    New Visa for Digital Nomads in Kenya? Don’t Pack Your Bags Just Yet

    The Digital Nomad Work Permit promises remote workers from across the globe the opportunity to live and work in Kenya.

    South Africa Backs Early-Stage Startups with $17M State-Led Seed Fund

    The fund aims to deploy capital to at least 50 early-stage start-ups over its investment period, with a specific focus on technology and innovation.

    South Africa’s TymeBank Nears Unicorn Status as It Surpasses 10 Million Users

    Since its launch, TymeBank has established a substantial physical presence through over 1,000 kiosks and 15,000 retail points across the country.

    Winich Farms Raises $3 Million to Scale Operations and Technology Amid Nigeria’s Agritech Boom

    This marks the second major funding round for Winich Farms, founded in 2020 by brothers Riches and Winner Attai and co-founder Chichebem Jibunoh

    Fawry Leads Africa’s Buy Now, Pay Later Boom with $20M Revenue in Just One Year

    The company has leveraged its digital platform, My Fawry, which boasts over 10 million app downloads, to seamlessly integrate BNPL services for its users.

    US SEC Files Heavy Fraud Charges Against Nigerian Accountants Linked to Tingo Fintech

    The charges against Oyebola follow a recent final judgment against Dozy Mmobuosi, the Nigerian entrepreneur who once led Tingo, a fintech company that claimed to revolutionize the agritech sector in Africa.

    Latest articles

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    The Glitch in the System: Why SA Universities Are Turning Off the ‘AI Polygraph’

    “AI detectors do not know if a machine wrote a text; instead, they measure statistical signatures..."

    New CEO, $110M Mandate: responsAbility’s Plan to Mainstream Emerging-Market Climate Finance

    responsAbility is perhaps best known in impact-investing circles for its early backing of Greenlight Planet, the off-grid solar company that rebranded as Sun King.

    Pitch Decks vs. Prospectuses: The Messy Courtship of Africa’s Tech Scene and Old-Money Bourses

    From Windhoek to Lagos, stock exchanges across the continent are wooing startups with structured pipelines, listing incentives, and MOU ceremonies. The startups are mostly politely non-committal.