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    Staff Writer

    African Startup Deal Tracker — Newest Deals

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

    JSE Reforms Listing Regime as African Exchanges Fight for Tech IPOs

    The Johannesburg Stock Exchange has overhauled its listing requirements to accommodate high-growth companies, but questions remain about whether the changes go far enough.
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    IFC Mulls $13M Equity Stake in Egyptian Grocery Leader Breadfast

    According to data from VNV Global, a key Swedish investor in the startup, Breadfast’s fair value rose by 31% in the first nine months of 2025.

    Morocco Brings In 500 Global and Renew Capital for New $70m Venture-Building Push

    The inclusion of Renew Capital and 500 Global suggests a tactical effort to fix one of the Moroccan market’s historical weak points: insularity.

    Egypt’s Nawah Scientific Raises $23M Series A to Export Its “Cloud Lab” Model to Rwanda and Saudi Arabia

    Founded in 2015, Nawah began as a solution to Sakr’s own frustrations as a researcher unable to find adequate lab facilities in Egypt.

    “You Can’t Lend to What You Can’t See”: Rwandan Fintech Kayko Raises $1.2m to Digitise the ‘Invisible’ SME

    The startup was founded in 2021 by brothers Crepin and Kevin Kayisire, both graduates of the African Leadership University (ALU) in Kigali.

    Egyptian Fintechs Pivot to Real Estate Funds as Inflation Bites

    The move comes after the Financial Regulatory Authority (FRA) approved a raft of new licenses for digital real estate investment funds (REIFs).

    Lagos Enters the Mobility Wars With a $100m War Chest to Rival Uber’s Moove

    The battle for the soul of Lagos's transport system just got a nine-figure injection.

    Nigeria Leads the Charge as Local African VCs Look Beyond Their Borders in 2025

    While global funding cools, local African firms are building new investment corridors - with South Africa emerging as the prime target.

    Dot Com Zambia’s IPO Caps a Lively Year for African Tech Listings

    The massive oversubscription in Morocco (Cash Plus) and the solid retail turnout in Zambia (DCZ) debunk the myth that African retail investors won’t buy tech.

    The ‘Acqui-Hire’ Playbook: Inside Netcare’s Strategic Acquisition of South Africa’s Quro Medical

    Netcare’s initial 55.88% stake grants it immediate control over Quro’s board.

    Local Capital First: Why SA’s R4.6bn Startup Buyout Spree Is Reshaping Africa’s Startup Exit Playbook

    South Africa’s R4.6 billion buyout spree demonstrates that domestic exit markets can flourish in Africa when specific conditions align.

    From Idea to Investable: The ‘Product-First’ Playbook Behind Africa’s ‘Toughest’ Fund

    With an acceptance rate of just 0.1%, the fund is deliberately designed to filter aggressively for ideas that can survive real-world scrutiny before capital ever becomes the differentiator.

    Algeria’s Public Startup Fund Scores First Exit as Travel-Tech Völz Raises $5M

    The deal marks a liquidity event for the state-backed Algerian Startup Fund and signals the entry of local industrial capital into the tech ecosystem.

    Latest articles

    African Startup Deal Tracker — Newest Deals

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

    JSE Reforms Listing Regime as African Exchanges Fight for Tech IPOs

    The Johannesburg Stock Exchange has overhauled its listing requirements to accommodate high-growth companies, but questions remain about whether the changes go far enough.

    New Wave of Investors Targets Ghana’s Pension Billions After 5% Private Markets Mandate

    In late 2024 and throughout 2025, the National Pensions Regulatory Authority (NPRA) tightened its grip on offshore investments, effectively blocking fund managers from moving capital abroad.

    Egypt’s NowPay Lands $20m to Launch Saudi Joint Venture

    Egyptian fintech NowPay has secured a $20m strategic investment to fuel its expansion into Saudi Arabia