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    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.
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    Egypt’s Intella Raises $12.5m to Build an AI That Truly Understands Arabic

    Intella reported that it more than doubled its revenue in 2024 and is projecting 7x growth in 2025.

    The Elite Oxford Club Training VCs Who Deploy $444m Across Africa

    Founders backed by VCs that have received support from Boost Africa have a significantly higher success rate in follow-on funding.

    After Closing Its $100M Fund, Naspers Places a New $100K Bet on African Female Founders

    This new initiative arrives on the heels of a significant strategic recalibration by Naspers.

    A Busy Month for US Investors in African Startups

    American capital was spread across fintech, e-commerce, AI, and climate infrastructure.

    Nigeria Lost Nearly Half Its Millionaires in a Decade — the Worst Decline in Africa

    Nigeria’s decline stands out in a landscape where several other African markets have managed to grow their high-net-worth populations.

    After Major Failures Across Africa, Investors Look for a New Breed of Foreign Startup Founders

    From recent funding rounds, three categories of seemingly “acceptable” foreign founders stand out.

    African Startup Deal Tracker — Newest Deals

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

    Munify Lands $3M Seed to Build New Rails for Egypt’s $30bn Remittance ‘beast’

    The startup is headquartered with an international outlook, serving Egyptian expatriates across the U.S., Europe, and the Gulf, while also targeting business .

    Kenya’s Poa Internet Lands $4m to Bridge Urban Digital Divide

    Founded in 2015, Poa Internet has carved out a niche by specifically targeting low and middle-income neighbourhoods often overlooked by larger telcos like Safaricom and Zuku.

    South Africa’s Central Bank Just Bought Half the Country’s Payments Plumbing. Meet PayInc

    South Africa's once-sleepy interbank utility has a new name and a powerful new part-owner in the central bank. The mission? To finally drag the nation away from cash.

    A Finnish Two-step: Money + Nokia

    Nokia has a deep place in Africa's internet infrastructure startups.

    Is Wave’s Golden Era Over? Regulators and Telcos Close In on Payments Unicorn

    Francophone Africa's fintech unicorn is facing its greatest tests yet.

    Latest articles

    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.

    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.