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    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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    West Africa’s New Payment ‘Superhighway’ Opens — but a Fintech Unicorn Is Building Its Own Road

    The BCEAO's ambitious interoperability platform goes live, but the absence of market leader Wave raises questions about who really controls the region's digital money flows.

    AfricInvest Europe Secures $58.5M to Bridge French Startups and African Markets

     AfricInvest Europe, the Paris-based arm of the pan-African private equity firm AfricInvest Group, has...

    Uber Exits Côte d’Ivoire as Rival Yango Doubles Down with Car Dealership

    For years, the Ivorian ride-hailing sector has been a tense battleground, pitting digital platforms against traditional taxi operators who criticise a lack of regulation.

    Wave and MTN Locked Out of BCEAO’s New Payment Network

    The Central Bank of West African States (BCEAO) is set to flick the switch on its long-awaited regional instant payment system tomorrow, September 30.

    Moroccan University Spinout Secures Over $110M to Turn Phosphate Waste into EV and Chip Materials

    The deal is a significant move in Morocco’s push to climb the value chain from a raw material exporter to a producer of high-value components for global tech supply chains.

    The Gaming App at the Center of Morocco’s GenZ212 Protests

    Over the weekend, major cities including Rabat, Casablanca, and Agadir saw coordinated protests organized by GenZ212.

    SunCulture Taps Bridgin for $15M to Scale Solar Irrigation in Kenya

    The solar irrigation company is partnering with fintech Bridgin to launch a receivables financing facility aimed at unlocking local currency debt for smallholder farmers.

    The Super-Niche Shift: A Taxonomy of 2025’s Venture-Backed B2B Startups in Africa

    Based on an analysis of 2025 funding data, here is a taxonomy of the most active B2B categories defining the current investment cycle.

    Mastercard Backs Smile ID in Exclusive African Identity Verification Deal

     Mastercard has entered into a strategic partnership with Smile ID, making the identity verification...

    Canal+ Names the Execs Tasked with Fending Off Streamers

    The French media giant has appointed a 50/50 split of executives from Canal+ and MultiChoice.

    South African Banking Giant Nedbank Backs Cleantech Fund with $28M

    The investment boosts the fund’s total capital to R2.8bn ($161m).

    Orange Corners Deepens North African Push with New Startup Fund in Tunisia

    The fund operates a two-track model, offering everything from prototype vouchers and monthly allowances for idea-stage founders to more substantial seed funding.

    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.