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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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    Inside the $2.75M Experiment That’s Rewriting Africa’s Climate Tech Rules

    A new fund is offering a new playbook for climate VCs in Africa. The core lesson? Ditch the traditional model and embrace the complexity.

    The $100k Oversight: How Bad Offboarding Is Costing Startups a Fortune

    When an employee leaves an organisation, most leaders focus on succession, handovers, and HR paperwork. But behind the scenes, many holes may have been created.

    The Series B Cliff: Nigerian Startups Face a Late-Stage Funding Crisis in 2025

    In the absence of traditional venture equity, Nigerian scale-ups are increasingly turning to alternative financing.

    Shell-Backed Fund, UK’s BII Top Nigerian Tech Funding List in 2025 as VCs Retreat

    The most active players are not the traditional, global venture capital giants but a mix of impact investors and DFIs.

    SA’s NjiaPay Poaches Stitch’s $55M Deal Lawyer as It Bids to Tame Africa’s Chaotic Payments Scene

    Mike McLaren joins the payments orchestration startup as COO, as it targets mid-market businesses struggling with the continent's fragmented landscape.

    Ghana’s HuruPay Moves Beyond Payments with Crypto-Powered US Stock Trading for Africa

    The move into wealth-building services is rooted in the personal experience of co-founder and CEO, Philip Mburu.

    Lisk Launches $15M Web3 Fund Targeting Africa and LATAM, Inks First Deals in South Africa, Rwanda

    Lisk argues that founders in these regions, often forced to bootstrap their way to significant traction, are more resilient.

    Egypt’s Venture Capital Scene Is No Longer a Closed Club. The Public Is Now Invited

    The new rules define a “digital platform” as a tech-based model for subscribing to, and eventually redeeming, shares in private equity and VC funds.

    With Guards Outnumbering Police 15-to-1, Nextorch Bets Millions on South Africa’s Security Boom

    South Africa has the largest private security industry in the world.

    After MarketForce Collapse and Chpter Exit, Kenyan Founders Pivot to Fintech

    Mbaabu and Sibuti’s journey has been a case study in the highs and lows of building a venture-backed startup in Africa.

    Mawingu Raises $20M to Expand Affordable Internet Across Rural Kenya

    “Raising capital in today’s environment is no small feat. It demands execution, resilience, and extraordinary people.”

    European VCs and DFIs Lead Charge as African Tech Funding Surpasses 2024 Total in September

    Whether this momentum continues through the year’s final quarter will determine if 2025 marks a genuine recovery in African tech funding or simply matches the previous year’s performance.

    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.