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    Sixty60 Passes $750m in Half-Year Sales as Shoprite Tightens Its Grip on Digital Grocery

    Sixty60’s trajectory offers a case study in how a legacy retailer in an emerging market has embedded rapid delivery into its core model while maintaining profitability.

    Biotech, AI and Agritech: What ABH Is Looking for in Its $1.5m 2026 Cohort

    Launched under the theme “Defining Africa’s Future Today”, the 2026 edition reinforces ABH’s role as a founder-first platform supporting Africa-led
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    The technology platform enables users to access the nearest vetted private security and medical response units through connected devices.

    Fuzé Investment Series: Togolese Media Startup Makifaa Secures Funding

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    African Tech Startups: The Ups and Downs of AfDB’s Venture Capital Portfolio

    The Alitheia IDF Fund, for instance, saw its carrying value increase from $4.2 million in 2022 to $5.1 million in 2023, indicating successful investments and positive performance.

    IFC Raises New Funding to Back Women-Led Startups in Africa via SheWinsAfrica Initiative

    The SheWinsAfrica initiative welcomes applications from women-led startups across all sectors in Sub-Saharan Africa. To be eligible, startups must have at least one female founder.

    Former Sendy Co-founder Malaika Judd Takes Helm of Ireland’s National Startup Accelerator

    The NDRC accelerator program has a proven track record of success, with alumni companies raising over €56 million in the past three years.

    BII Commits $20M to TerraPay to Boost Financial Inclusion in Africa

    “Our investment will support an increased volume of remittance transactions into Africa, by pre-funding over $1 billion worth of transactions per year. Sending money to Africa is expensive..."

    Innovate Africa Launches $2.5M to Support Early-Stage Startups

    This sector-agnostic fund aims to back up to 20 startups in its first year.

    Rwanda Green Fund Invests $2M in Green Startups via Ireme Invest

    BasiGo Rwanda was awarded a RWF 300 million (USD 225,000) recoverable grant from Ireme Invest, the Rwanda Green Fund 's green investment facility.

    Swvl Secures $6.3 Million Mobility Contract with Telecom Giant e& Egypt

    The deal, valued at up to $6.3 million, marks a major step in Swvl’s expansion within the Egyptian market.

    Changelabs Launches First MENA Fintech Accelerator in Egypt, Backed by $100M Fund

    Applications are now open for the Fintech for a Future Accelerator, which seeks to identify and scale promising fintech startups.

    Tanzanian Fintech Nala Raises $40M Series A for Global Expansion

    This $40 million funding round marks a pivotal moment for Nala. It will enable us to go beyond remittances and extend our reach beyond Africa, building a robust payments ecosystem

    Candi Solar Secures $19 Million to Boost Clean Energy in Africa

    When we started in South Africa, load shedding was not a big topic...

    Latest articles

    Sixty60 Passes $750m in Half-Year Sales as Shoprite Tightens Its Grip on Digital Grocery

    Sixty60’s trajectory offers a case study in how a legacy retailer in an emerging market has embedded rapid delivery into its core model while maintaining profitability.

    Biotech, AI and Agritech: What ABH Is Looking for in Its $1.5m 2026 Cohort

    Launched under the theme “Defining Africa’s Future Today”, the 2026 edition reinforces ABH’s role as a founder-first platform supporting Africa-led

    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.

    Egypt’s Breadfast Caught in Geopolitical Crossfire After $50m Raise

    Last month, Breadfast announced it had raised $50m in a pre-Series C round led by Novastar Ventures through its People and Planet Fund III (NVIII).