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    The US Startup Controlling Nigeria’s $1.1bn Clean Energy Pipeline Just Raised $74m

    Odyssey’s deepest institutional footprint is in Nigeria.

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.
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    AfDB Injects $10M into KawiSafi Fund II to Boost Africa’s Climate Tech

    "the Bank’s commitment will leverage investments into groundbreaking African startups tackling climate change through renewable energy, clean mobility, and other vital sectors for achieving our climate goals.”

    Ivory Coast’s doo! Secures Saviu Ventures Backing to Transform Mobile Money into Service Hubs

    doo! leverages this widespread infrastructure to create a one-stop solution for various essential services, thus transforming each Mobile Money agent into a multi-service hub.

    The Kenyan Wall Street’s Wainaina Joins Conduit for $6.5M-Backed Africa Expansion

    Wainaina brings a wealth of experience to Conduit, having previously served as a director at The Kenyan Wall Street.

    Nigerian Fintech Grey Finance Surpasses 1 Million Users, Fueled by $2 Million Seed Funding

    This impressive growth comes just seven months after reaching 500,000 users in November 2023.

    Foreigners Can Now Open Bank Accounts in Egypt, Says Central Bank

    The CBE received complaints from foreign clients regarding difficulties in opening accounts, hindering their ability to access essential banking services.

    Nigeria’s Matta Secures Additional Funding to Bridge Africa’s Chemical Supply Chain Gaps

    With a presence beyond Nigeria in markets like Cote Ivoire, Senegal, and Mauritius, Matta plans to expand to South Africa and Eastern Africa by the end of 2024.

    Investment Firm Taps into African Sports Tech Market with NERGii Deal

    This technology is poised to not only elevate the performance of athletes but also address common pain points experienced by consumers.

    Why South African Banks Will Block Digital Transfers to Namibia, Eswatini, and Lesotho Next Month

    This decision, while intended to curb financial crime, will disrupt the seamless flow of funds that has long characterized the region.

    Former Flutterwave Exec’s Startup, Sendsprint, Expands US Reach with Nobel Financial Buy

    According to the World Bank, remittances to the region surpassed $54 billion in 2023 and are expected to continue rising in the coming years.

    Egypt’s T-Vencubator Fund Seeks Innovative Startups to Invest In

    T-Vencubator aims to invest in 5 Egyptian startups by 2025, providing them with the investment capital and practical support needed to ensure their growth and success.

    From Bangalore to Lagos: The Rise of Indian Tech Influence in Nigeria

    Dubbed the “Engineering Mobility Program,” the strategy...involves relocating engineers from Flutterwave’s African offices to Capgemini’s offices in Bangalore, India.

    Africa’s Leading Accelerator Becomes VC Firm 54 Collective. With Tighter Investment Mandate

    “We’re narrowing our sectoral focus to concentrate on early-stage startups where our support can make a more significant difference.”

    Latest articles

    The US Startup Controlling Nigeria’s $1.1bn Clean Energy Pipeline Just Raised $74m

    Odyssey’s deepest institutional footprint is in Nigeria.

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.

    North African Proptech Draws Deeper Interest From World Bank’s Private-Sector Arm

    Egyptian and Moroccan platforms attract IFC capital and regulatory scrutiny as digital property markets mature

    African Startup Deal Tracker — Newest Deals

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