Data from 2025 reveals that the 'clubby' syndicates of Silicon Valley are absent in Africa, where capital formation is driven by industry mandates and geography rather than investor relationships.
FSD Africa’s new venture launch signals a rare push to fund African startups at the riskiest stage — where capital is scarcest, impact is highest, and most investors still refuse to play.
The Stripe-owned unicorn has terminated its CTO days after suspending him for alleged misconduct. Olubi claims he was fired without a hearing, setting the stage for a high-stakes governance battle.
After five years of legislative limbo and bureaucratic delays, Dakar has launched the digital tools necessary to make its 2020 Startup Act operational. But with regional rivals racing ahead, is it too little, too late?
