More

    Staff Writer

    Egypt Wants to Be Your LP: Applications Open for New $1bn Fund-of-Funds

    Egypt is stepping up efforts to attract venture capital following the launch of its long-awaited Startup Charter.

    Beyond Borders: The African Countries Attracting the Most Capital from Nigerian VC Firms

    Collectively, the data reveals a venture capital community in transition — albeit a cautious and selective one.
    spot_img

    Keep exploring

    Tech Transfer and Patient Capital: How Japan’s ‘Build-to-Last’ Startups Are Finding Profit in Africa

    The message from Tokyo to Nairobi is clear: build to last, not just to scale.

    African Startup Deal Tracker — Newest Deals

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

    Solarise Africa Secures $3.3m to Help South African Businesses Dodge Power Cuts

    Solarise Africa, a pan-African energy-as-a-service company, has secured R60m (approximately $3.3m) in follow-on funding...

    Algeria’s New Crypto Law: ‘Hodl’ at Your Own Peril

    For local tech talent and those who saw crypto as a hedge against inflation or a tool for financial inclusion, the message is clear: innovate elsewhere.

    Glovo Overhauls Moroccan Operations in Settlement with Antitrust Watchdog

    The Spanish delivery giant has agreed to cap commissions, scrap exclusivity clauses, and pay a fine to end a year-long investigation into anti-competitive practices.

    Djamo Quietly Launches Credit as Telco and Banking Giants Storm Its Turf

    But this offensive move comes as Djamo’s defensive line is being tested.

    Altera Biosciences Bags $1.6M to Build ‘Off-the-Shelf’ Cells in Africa’s First Gene Therapy Play

    While the science is complex, the investment thesis has a unique hook. The startup argues that its location is a strategic asset.

    A Pivot or a Life Raft?Ghana’s BezoMoney Becomes Exo AI After Its VC Closes Shop

    Exo AI plans to develop a chat-based assistant that connects to a user’s bank and mobile money accounts, a 360 degree departure from its initial propositions.

    Battery-Swapping Battle: Silicon Valley and Bengaluru Vie for Africa’s EV Future

    The market for two- and three-wheelers in Africa, the backbone of urban logistics and transport, is expected to exceed 1.9 million vehicles annually by 2030.

    “Locals Only”: Tanzania’s New Decree Shuts Out Foreign Fintechs

    The timing is particularly ironic when considering a homegrown, yet globally-minded, success story like Nala.

    Inside the Deal: How a Cameroonian Web3 Founder Ended Up on the Board of a $45M State-Rescued ‘Zombie Bank’

    Anthemis-backed founder takes board seat at one of Cameroon's 15 existing commercial banks.

    CityTaps’ $6M Water-Tech Dream Runs Dry as Kenyan Arm Enters Liquidation

    The water-tech aimed to solve water access for Africa's urban poor with smart meters and mobile money. Its collapse is the latest in a wave of closures hitting Kenya's impact startup scene.

    Latest articles

    Egypt Wants to Be Your LP: Applications Open for New $1bn Fund-of-Funds

    Egypt is stepping up efforts to attract venture capital following the launch of its long-awaited Startup Charter.

    Beyond Borders: The African Countries Attracting the Most Capital from Nigerian VC Firms

    Collectively, the data reveals a venture capital community in transition — albeit a cautious and selective one.

    MaxAB-Wasoko Swaps Founders for Operators in Hunt for Profitability

    Following the departure of Wasoko founder Daniel Yu as CEO late last year, the combined entity is now aggressively reshuffling its regional leadership...

    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.