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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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    Delivery Hero Moves to Finalise Glovo Takeover in Morocco, Months After Antitrust Probe

    The Moroccan filing signals the final stage of integrating Glovo’s local operations under Delivery Hero’s direct and exclusive control.

    Afdb’s New Chief Is Sticking With Tech Investment Playbook

    Under Adesina, the AfDB increasingly acted as a limited partner, channeling capital into Africa-focused venture and private equity funds.

    Wasoko Founder Daniel Yu Is the Latest African Tech Founder to Step Down as CEO

    The move comes as the newly merged MaxAB-Wasoko pivots aggressively towards fintech.

    Programmable Naira: The Stablecoin Project Drawing Top Global Crypto Players to Nigeria

    Nigeria is quickly becoming the epicenter of Africa's stablecoin revolution.

    Updated: Heike Harmgart Is Building the EBRD’s West Africa Team. Here’s Who’s on It So Far

    The EBRD’s push into Sub-Saharan Africa is being orchestrated by a team of seasoned insiders.

    Ghana’s Central Bank Is on a Fintech Blacklist Spree. Here’s How to Stay Off It

    For international fintechs and local payment providers in Ghana, the beginning of September brought a familiar chill.

    Exit Pressure: Why Africa’s Decade-Old Founder Class is Stepping Aside at Scaleups

    Yoco's Katlego Maphai is the latest long-serving founder to hand over the reins, signaling a new phase of maturity for the continent's top tech companies.

    Tunisian State Fund Invests $4M in Its Ex-Investment Officer’s New VC

    The fund is targeting a final close of $100m, having secured a first close of $30m from the QIA.

    Cairo to Riyadh: The New Gold Rush for Egyptian Edtech

    The attraction for these startups goes far beyond simple market size.

    Circle Backs $20m African Blockchain Fund as Stablecoin ‘Utility Wave’ Grows

    Capital is flowing to African blockchain companies solving long-standing problems of currency volatility, cross-border payment friction, and financial exclusion.

    AfricInvest Leads $22M Round for Kredete, a Fintech Tackling the Immigrant Credit Gap

    Investors are flocking to Africa's stablecoin infrastructure, with Kredete's deal marking the latest in this wave.

    mPharma Founder Gregory Rockson Steps Down as CEO After 11 Years

    The leadership shuffle marks a pivotal moment for one of Africa’s most prominent healthtech startups.

    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.