Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

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

A policy push in Accra is reshaping who finances growth companies in West Africa.

This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.

This acquisition builds upon FirstRand’s initial strategic investment in October 2025, when the bank took a 20.1% stake in the fintech.

Venture-backed startups and institutional investors have collectively poured millions into the “energy middle-man” economy.

Zipline's foundational public health operations in Africa are showing severe strain under the weight of unpaid government contracts.

"We engage with buyers before we invest."

Analyzing the five markets reveals three cross-cutting insights.

Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.

The round was led by global tech investment firm Partech, with participation from development finance institution Proparco.

The BCEAO’s instant payments platform launched in late 2025 to link banks and mobile wallets across eight countries. Months later, top players Wave and Orange Money have yet to fully join — latest data suggests they have little urgency.