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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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    Gabonese Startups Get First Entrepreneur-Only Bank, BCEG

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    Fuzé Investment Series: Ivorian AdTech Startup Trenderz Onboarded

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    Holocene Targets African Climate-Tech Startups with New Fund

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    Former Tesla Exec Raises $9.5M for Zeno to Power Swappable EV Battery for East Africa’s Bodabodas

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    Africa-Focused Investors Turn Attention to a New Wave of Founders

    While this diversification may be seen as a strategic way to hedge risks, experts say this could inadvertently undermine the confidence in local founders and ecosystems.

    Egypt’s SYMPL Records Strong Profit Surge, Eyes African Expansion

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    Identity Theft on Wheels: How Bolt’s $120K Lesson in Ghana Could Change the Ride-Hailing Game in Africa

    The audit will comb through Bolt’s systems up until March 2024, with the possibility of expansion to other ride-hailing apps operating in the country.

    Flat6Labs’ Makers Program Offers $100K to Egyptian ConTech Startups

    In addition to funding, the program provides startups with business training, industry mentorship, one-on-one consultations, and networking opportunities.

    Algeria: Applications Now Open for ASEP 2024 Second Cohort of International Startup Visits

    The ASEP 2024 program will provide critical support to 450 startups by fully covering travel expenses such as airfare, accommodation, local transportation, and visa costs.

    Safaricom’s Latest $813M Health-Tech Investment Sparks Concerns for Kenyan Startups

    As Safaricom prepares to roll out the IHTS, Kenyan health-tech startups are grappling with the potential impact.

    The Man Who Shaped Ghana’s Tech Industry

    In 1991, when Ghana’s digital infrastructure was still in its infancy, Chinery-Hesse founded theSOFTtribe. The company would go on to become the country’s oldest and largest software firm, providing groundbreaking solutions across multiple sectors.

    Goodwell Backs Ugandan Tech Firm ABC to Expand Financial Access

    Founded in 2017, ABC emerged in response to the Financial Institutions (Amendment) Act 2016, which introduced agent banking as a strategy to improve financial access across Uganda.

    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.