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    Staff Writer

    The Hidden Limits of Flutterwave’s ‘New’ Bank

    Flutterwave has secured a microfinance bank license - but the entity it acquired raises questions about the strategic scope the company can immediately pursue.

    Egyptian Covid-Era Biotech Reme-D Lands New Backing to Tackle Africa’s Diagnostic Crisis

    The Cairo-based startup will use the investment to scale its cold-chain-independent PCR testing kits across Africa and the Middle East.
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    Middle East Conflict Forces Egypt’s Financial Sector into Remote Work as Petroleum Bill Hits $2.5bn

    Here is a breakdown of the policy, the economic conditions driving it, and how it will affect businesses on the ground.

    Novastar Closes $147m Africa Climate Fund as Japanese Corporates Pile Into VC

    The composition of Novastar's Limited Partners (LPs) for NVIII highlights an evolving trend in African VC.

    Egypt Salvages Startup Accelerator After USAID Collapse

    ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million in investment

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

    African Startup Deal Tracker — Newest Deals

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

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.

    SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core

    This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.

    FirstRand Doubles Down on AI Lender Optasia as SA Banks Hunt for Fintech Exits

    This acquisition builds upon FirstRand’s initial strategic investment in October 2025, when the bank took a 20.1% stake in the fintech.

    Eskom’s Monopoly Gets a Reprieve as South Africa Stalls Energy Trading, Millions in Limbo

    Venture-backed startups and institutional investors have collectively poured millions into the “energy middle-man” economy.

    Zipline Chases US Scale With Fresh $200M as Sovereign Debt Strains African Network

    Zipline's foundational public health operations in Africa are showing severe strain under the weight of unpaid government contracts.

    The Five Countries Capturing 90% of Africa’s AI Funding

    Analyzing the five markets reveals three cross-cutting insights.

    Latest articles

    The Hidden Limits of Flutterwave’s ‘New’ Bank

    Flutterwave has secured a microfinance bank license - but the entity it acquired raises questions about the strategic scope the company can immediately pursue.

    Egyptian Covid-Era Biotech Reme-D Lands New Backing to Tackle Africa’s Diagnostic Crisis

    The Cairo-based startup will use the investment to scale its cold-chain-independent PCR testing kits across Africa and the Middle East.

    Optasia’s Growth Is Coming From Where Few Investors Are Looking

    The Dubai-headquartered lending platform's most revealing growth story is not in Africa's largest markets.

    Morocco’s Hanout Wars: Three Startups, $10m, and One Corner Shop

    In Morocco, three startups are all targeting the same 126,000 independent retailers. Backed by Morocco's largest bank, its royal family holding company, and a South African insurer, the race is now about who locks in the merchant first.