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    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.
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    TLcom Capital Backs Fintech LittleFish in First South African Investment

    LittleFish’s model seeks to address these shortcomings by offering banks a B2B solution that allows them to better serve the SME sector.

    “It’s Far Easier to Obtain Loans for Consumption Than for Startups” — South African Startup Act Movement Takes Rage to Parliament

    South Africa’s Startup Act Movement has garnered international attention and support, recently receiving a third round of undisclosed funding from the British High Commission’s UK-SA Tech Hub.

    Acumen Invests $2 Million in Yellow Malawi to Expand Solar Energy Access for Underserved Communities

    The first tranche of $1 million will be disbursed in US dollars, with repayments made in Malawian Kwacha, while the second tranche, also valued at $1 million, will be disbursed and repaid in US dollars.

    Meet the Eight New Egyptian Startups Backed by Prolific Investor EdVentures

    With these new investments, EdVentures has now backed a total of 22 startups, up from 14, marking a significant milestone in its journey to reshape education through technology. in Egypt.

    UNDP Timbuktoo Accelerator Targets African Clean Energy Startups in New Funding Round

    The GreenTech Energy Accelerator, part of the broader Timbuktoo initiative, invites applications from African innovators who are developing groundbreaking technologies in renewable energy generation, storage, and efficiency.

    Egypt Approves First SPAC, Two Years After Local Startup’s Landmark SPAC IPO in New York

    Foreign entities are also now eligible as qualified investors if they hold ownership rights worth at least EGP 50 million ($1 million) .

    Mirova Expands into South Africa with $15M Investment in SolarAfrica

    The investment in SolarAfrica represents Mirova’s fifth transaction under its Gigaton strategy, which aims to accelerate the global transition to low-carbon energy by investing in renewable energy projects in high-growth markets.

    Telecom Giant Diversifies into Insurance Through Stake in Ivorian Startup WiASSUR

    WiASSUR, founded in 2019, has emerged as a dynamic player in the region by offering a fully digitized insurance platform, providing personalized and accessible solutions to individuals and businesses.

    EV Battery Localization in Africa Gathers Steam: Major Deals Spark a Clean Energy Revolution

    The drive to capture more value from Africa’s natural resources is not limited to battery recycling or electric mobility.

    Ghana’s Kofa Rolls Out $8.2M EV Battery-Swapping Initiative, Backed by Shell

    The network targets the deployment of 6,000 batteries and up to 100 swap stations across Ghana, aiming to create an accessible, reliable, and scalable clean energy infrastructure.

    Glovo Brings Barcelona’s Startup Lab Experience to Moroccan Founders

    Glovo has invested over 200 million dirhams ($20M) in Morocco since 2018 and continues to expand beyond food delivery into quick commerce.

    Pan-African Fintech Giant M-KOPA Hits 5 Million Customers, Disburses $1.5 Billion

    Notably, the company added 2 million customers in the past 15 months alone, reflecting rapid expansion across its key markets.

    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.