The Johannesburg payments company has spent $80m acquiring competitors. Six months of data show why buying scale in African fintech doesn't guarantee profitability.
In 2025, African tech reached a tipping point. For the first time, debt financing across the continent’s startup ecosystem surpassed the $1 billion mark.
The Warwickshire-based maker of "flat-pack" electric trucks for Africa is facing liquidation unless a rescue deal is found by the weekend. It is a stark reversal for a company that recently touted a $163m expansion deal.
Redtech, the Nigerian fintech subsidiary of Tony Elumelu’s Heirs Holdings, has announced it processed $20.6bn (₦30tn) in total transactions during the 2025 financial year.
The Cape Town-based fintech has secured R340m ($21m) in local currency funding from the Dutch development bank FMO to bridge the country's massive credit gap.
When VNV Global released its December 2025 portfolio valuations, the Swedish investment firm’s African holdings painted a stark picture of Egypt’s tech ecosystem
The Nasdaq-listed South African fintech has quietly added another small enterprise-focused company to its portfolio, paying cash for a fintech business as it continues to widen its offering for large-scale clients.
The Egyptian investment bank is carving out a reputation as the region's most prolific corporate incubator, following last year's blockbuster valU IPO with a listing request for its K‑12 education platform - but a jittery market will test investor appetite.