Two Canadian fintechs built to move money between Canada and Africa have now failed within the space of two years. The pattern is unlikely to be coincidental.
The pan-African initiative backed by the French development finance system is launching its first dedicated seed vehicle, targeting 30 startups across 20 countries.
The fund represents a rare equity-focused play from Namibia, a country better known for its commodities and institutional pension funds than its tech exports.
The $2 million ticket into the Guinean fintech is modest, but it signals growing development-finance appetite for the unglamorous plumbing that connects global money-senders to mobile wallets and cash agents on the continent
The Nasdaq-listed South African fintech has quietly added another small enterprise-focused company to its portfolio, paying cash for a fintech business as it continues to widen its offering for large-scale clients.
The Egyptian investment bank is carving out a reputation as the region's most prolific corporate incubator, following last year's blockbuster valU IPO with a listing request for its K‑12 education platform - but a jittery market will test investor appetite.
The Southern Africa-focused climate tech investor has closed its first fund, backing ten companies across e-mobility, circular economy and energy access