More

    Staff Writer

    First-Time Founders Drive Nigeria’s Unicorn Boom

    Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.

    Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

    A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.
    spot_img

    Keep exploring

    Ivorian Fintech Waribei Secures Pre-Seed Funding to Expand its Digital Platform

    Waribei was founded by Ladislas Pham and Frédéric Fameni. The startup’s platform addresses a long-standing issue in West Africa’s retail sector: the limited availability of credit to SMEs.

    Endeavor South Africa Raises $10.8M in First Close of Harvest Fund III, Targets African Tech Firms 

    Endeavor aims for similar outcomes with Harvest Fund III, targeting a return of 25%, or three to four times the invested capital.

    Transform Health Fund Closes at $111M, Targets More Health-Tech After Kenya’s Lapaire

    By backing businesses focused on local supply chains, innovative care delivery, and digital solutions, the fund seeks to strengthen Africa’s healthcare systems while offering risk-adjusted returns to investors.

    Candi Solar Secures $18M in New Funding to Expand Solar Energy Projects in South Africa

    Candi Solar, a leader in distributed solar power solutions for the commercial and industrial...

    Fuzé Investment Series: Rwandan HR-Tech Fixa Joins the List

    While the financial details of the investment have not been disclosed, Fuzé Digital Africa typically invests up to $100,000 in its portfolio startups.

    Renew Capital Investment Series: First Entry into Morocco with Investment in Real-Tech Startup Agenz

    “Agenz is tackling one of the key challenges in the real estate industry — access to reliable and transparent data."

    Morocco Seeks Incubators and Accelerators for National Venture Building Program

    The initiative is aimed at attracting both national and international players in the venture-building ecosystem, including incubators and accelerators, to support Moroccan startups through a range of services.

    A Turning Point for Moroccan Startups? $24M New Fund Faces Uphill Battle

    As bold as Morocco’s plans sound, they face an undeniable reality check.

    France’s Largest VC Firm, Bpifrance, Establishes New Base in Egypt

    In June this year, French President Emmanuel Macron announced the creation of the “Fonds Maghreb,” a €100 million fund aimed at North Africa.

    Renew Capital Investment Series: Ethiopia’s ChipChip Targets Group Buyers with New Funding

    “ChipChip is solving two of the biggest issues in African e-commerce — affordability and access to quality products..."

    SA’s Shipping Platform TUNL Secures Seed Funding to Scale SME Support

    “We want to ensure that every business, large or small, can have an equal chance to convert overseas sales. To do this, we are reducing the costs and frictions of international shipping via our platform and tools.”

    For African Startups, Monthly Reports Are a Necessity for Landing Follow-on Funding

    With the capital environment becoming more competitive, 72.2% of surveyed investors confirmed that they have ramped up their reporting requirements over the last 18 months.

    Latest articles

    First-Time Founders Drive Nigeria’s Unicorn Boom

    Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.

    Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

    A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.

    Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

    Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.

    EFG Finance Takes Majority Stake in Egypt’s First Remittance Aggregator Balad

    The transaction hands control of the startup to one of Egypt’s largest financial groups.