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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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    Pezesha Founder Joins Africa’s New Wave of Founder-Investors

    The dual role reflects an emerging pattern in African venture capital, where founders leverage operational expertise whilst pursuing investment opportunities.

    Logidoo Acquires Ivorian Logistics Rival Kamtar in West African Consolidation Play

    The Logidoo-Kamtar deal is the latest example of a broader trend shaping Africa’s tech ecosystem in 2025.

    Catalyst Fund Secures IFC Backing for $40M Early-Stage Africa Climate Tech Fund

    The new fund will target startups in three core areas.

    Egypt’s Exclusive Digital Banking Club Opens Doors to Middle East and Africa’s Largest Bank

    Aspiring digital banks are required to have a minimum issued and paid-up capital of EGP 2 billion ($41 million).

    The Q4 Hunt: Where African Startups Can Still Find VC Cash Before Year-End

    The first rule of fundraising is knowing where the money is. Here's a comprehensive guide on who to pitch, where to find them, and how to approach them. In 2025, the majority of VC fundraising activity in African startups has come from these sources.

    AI Fintech Optasia Eyes JSE For South Africa’s Largest Tech IPO of the Year

    The listing could raise over R6bn ($350 million) and provide a critical test for Johannesburg's ailing public tech market.

    Egyptian Unicorn MNT-Halan Fuels Its ‘Lending Machine’ with New $71M Debt Deal

    MNT-Halan is not the only Egyptian fintech to master this strategy.

    Moniepoint Faces Heavy Losses After Acquiring Bancom Europe to Secure UK Licence

    Filings from the Nigerian fintech unicorn disclose heavy spending on salaries and fees to pave the way for its acquisition of a regulated British payments firm.

    A State-Backed Telco Wants to Dethrone MTN and Orange Cameroon in Mobile Money Showdown

    Just as fintech unicorn Wave squares up against incumbents MTN and Orange, Cameroon's state-owned telco has decided to crash the mobile money party with its own long-promised service.

    Egypt’s Tagaddod Raises $26.3M to Solve Biofuels’ Biggest Bottleneck

    Tagaddod has built a tech platform to manage the collection, aggregation, and tracing of waste-based feedstocks.

    With Gov’t Backing, Japan’s Musashi Charges East Africa’s E-Moto Boom

    Musashi, a global manufacturer with 36 sites worldwide, is known for differential assemblies and transmission gears for traditional and electric vehicles.

    Seed Funding for Gabon’s Pozi Marks a Milestone for a Forgotten Tech Region

    Central Africa was the most underserved tech region in Africa, raising just $5m in 2024.

    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.