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    Fintech Unicorn Wave Caves to Regulators as BCEAO Holds Firm on West Africa’s Payment Deadline

    The $1.7bn mobile money operator joined the PI-SPI system on deadline day alongside 175 institutions—ending closed-loop dominance across the $267bn WAEMU market.

    The Commoditisation of LLMs Is Driving a Spree of Micro-AI Acquisitions

    Large language models can scrape the web, but they can't replicate deep domain expertise. From Cairo cold-emails to Cape Town acqui-hires, tech giants are paying up to buy niche capabilities.
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    Breega Launches $75 Million Fund for Early-Stage African Startups

    Breega with offices in Lagos and Cape Town, aims to back African startups that address the continent's unique challenges and contribute to sustainable development.

    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...

    Latest articles

    Fintech Unicorn Wave Caves to Regulators as BCEAO Holds Firm on West Africa’s Payment Deadline

    The $1.7bn mobile money operator joined the PI-SPI system on deadline day alongside 175 institutions—ending closed-loop dominance across the $267bn WAEMU market.

    The Commoditisation of LLMs Is Driving a Spree of Micro-AI Acquisitions

    Large language models can scrape the web, but they can't replicate deep domain expertise. From Cairo cold-emails to Cape Town acqui-hires, tech giants are paying up to buy niche capabilities.

    IFC Eyes $90M Equity Stake in Airtel Money as London IPO Gathers Momentum

    World Bank arm joins proposed listing of African fintech processing $245bn annually.

    African Startup Deal Tracker — Newest Deals

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