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    Staff Writer

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
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    Ethiopia’s Gebeya Takes On ‘Vibe Coding’ Giants: ‘The Existing Tools Aren’t Built for Us’

    “While the world is excited about ‘Vibe Coding,’ the conversation misses a crucial point,"

    Airtel’s $193B Fintech Engine Powers Africa’s Next Wave of Tech IPOs

    Airtel Africa’s mobile money arm is now processing transactions at an annualised rate of $193 billion

    Calendar Activism Won’t Build Inclusive Companies

    Leading 25,000 people across Southern Africa has taught Alan Quinn, CEO of Empact Group, that authentic inclusion cannot be scheduled. In this candid piece, he urges business leaders to move beyond performative diversity.

    Egypt’s Swvl Extends Profit Streak to Three Quarters on GCC Expansion

    Swvl’s journey has been marked by significant challenges since its $1.5bn SPAC merger in early 2022.

    South Africa’s Maxwell+Spark Raises $15M to Decarbonise Forklifts and Cold-Chain Logistics

    The cash will be used to scale its lithium-ion systems that replace diesel and lead-acid power in industrial vehicles.

    Estonia’s Yaga Finds Rare Profitability in Africa’s Mass-Market Fashion Scene

    The secondhand marketplace has raised €4M to expand into MENA, a region littered with high-profile failed fashion-tech ventures.

    Nigeria’s Lidya Joins Capiter in the Graveyard of African Founder-Investor Fallouts

    The company’s collapse brings a dramatic end to a venture launched in 2016 by Jumia alumni Tunde Kehinde and Ercin Eksin.

    Morocco’s Startup Cap Tables Get a Deepening Pan-African Makeover

    Historically, Africa’s VC scene has been split.

    ‘Complex Legal Structures Can Cost You’: Inseco Founder’s Hard Lessons from $5.3M Failure

    “If your startup needs outside capital, it’s best to raise it from people who understand early-stage investing.”

    Africa’s Two Tech Hubs Get FATF Regulatory Upgrade. Will Global Banks (and VCs) Finally Hit ‘Resume’?

    After a two-year stint in regulatory purgatory, Africa's two largest tech hubs are off the 'grey list'. VCs and payment startups can breathe… a little.

    South Africa’s Solar Startups Win Major Concession on $1,700 Solar Registration Fee

    Solar startups reported that customers were delaying or cancelling installations due to the high costs and complexity of the registration process.

    Latest articles

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

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

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.