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    Dodai Raises $13m Series A to Scale EV Battery-Swapping in Ethiopia

    Three years ago, when electric mobility was still an experimental idea in much of Africa, Japanese entrepreneur Yuma Sasaki made an unconventional choice.

    The Battle for Driver Financing: Gozem’s $24.5M Debt Raise Raises the Stakes for Regional Rivals

    The new facility comes on the heels of a transformative 12 months for the Lomé-based company.
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    Yassir Acquires Tunisian Delivery Startup KooL, Fresh off $150M Raise and Flink Deal

    One year and $150 million later, Algeria-based tech giant Yassir isn't slowing down. After snapping up European delivery service Flink, they've now set their sights on neighboring rival KooL.

    South African Biotech Startup Immobazyme Secures $1.3M to Expand Production

    The Stellenbosch-based company, founded in 2019 by a trio of scientists, specializes in pioneering enzyme immobilization and precision fermentation technologies.

    From Debanking to Backing: HSBC Egypt Launches Surprise $31M Startup Fund

    In a significant shift, HSBC Egypt is launching a 1.5 billion Egyptian pounds (approximately...

    “What are you doing?” – Gokada CEO’s Haunting Last Words Echo in Court as Assistant Testifies

    In Manhattan Supreme Court on Monday, Tyrese Haspil further testified about the brutal 2020 murder of Gokada CEO Fahim Saleh.

    Ukheshe and EFT Corporation Combine Forces Under New Brand Identity

    Fintech firm Ukheshe has officially rebranded to EFT Corporation following its acquisition of EFT...

    Rift Valley Energy Secures $15 Million Investment to Expand Clean Energy Access in Tanzania

    British International Investment (BII), the UK’s development finance institution, has announced a $15 million...

    Ethiopia Opens Banking Sector to Foreign Digital Disruptors

    In a historic move, Ethiopia is throwing open the doors of its long-protected banking sector to foreign competition.

    UM6P Ventures Expands Focus to Fund Pan-African Startups with Up to $700K

    UM6P Ventures, the venture capital arm of Mohammed VI Polytechnic University (UM6P), is expanding...

    Binance Executive in Nigeria Closer to Release as Court Reframes Charges Amid US Lawmakers’ Pressure

    The Federal High Court of Nigeria has discharged Tigran Gambaryan, a 39-year-old American, and...

    5-Year-Old Fintech Soonicorn TymeBank Captures 10% of South African Market, Eyes NYSE

    TymeBank, a South African digital banking pioneer backed by China’s Tencent Holdings, is set...

    Africa Prize for Engineering Innovation Awarded to Esther Kimani for Crop-Saving AI Tool

    Esther Kimani, a Kenyan innovator, has been awarded the prestigious Africa Prize for Engineering...

    Could Copia Global’s Fate Have Been Avoided? Ex-Employees Critique Strategic Moves

    The rapid decline of Copia Kenya, an e-commerce startup that once held great promise...

    Latest articles

    Dodai Raises $13m Series A to Scale EV Battery-Swapping in Ethiopia

    Three years ago, when electric mobility was still an experimental idea in much of Africa, Japanese entrepreneur Yuma Sasaki made an unconventional choice.

    The Battle for Driver Financing: Gozem’s $24.5M Debt Raise Raises the Stakes for Regional Rivals

    The new facility comes on the heels of a transformative 12 months for the Lomé-based company.

    Egypt’s Central Bank Removes Ownership Cap on Fintechs, Clearing the Way for Bank Acquisitions

    A circular issued recently by the CBE expands the legal definition of "financial companies" to include fintech startups, money transfer operators, and SME lenders.

    The Franchise Ceiling Nobody Talks About

    "Growth is outpacing the structures built to hold it. The answer is not more stores, it is a better middle layer." - Larry Hodes, CEO Grow Franchising & FASA Board Member, writes from Johannesburg.