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    African Startup Deal Tracker — Newest Deals

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

    Kenya’s Apollo Agriculture Rides Securitisation Wave with $2.1M Local-Currency Deal

    The core infrastructure enabling the transaction was provided by Kaleidofin through its “ki” platform.
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    Flood, a South African S-AaaS Startup, Raises $2.5m to Embed Ecommerce in Existing Apps

    The company helps telcos and banks in emerging markets turn their applications into digital marketplaces for offline merchants.

    After a $75M Proptech Round, Egypt’s Regulator Steps In With New Set of Regulations

    The move brings an end to the sector’s “ask for forgiveness, not permission” phase.

    The Vancouver Firm That’s Brokered 630+ Deals for African Healthtech Startups

    As traditional development assistance from major donors like the US and UK faces cuts, the need for sustainable, locally-led health solutions is growing.

    Fintech Unicorn Wave Taps Ex-MTN Exec to Lead Its Cameroon Operations

    Cameroon now accounts for over 70% of all mobile money activity in the six-nation CEMAC bloc, which the Bank of Central African States (BEAC) reported processed over €90bn in transactions in 2022.

    What It Takes to Land a Corporate Investment for Your Startup in Africa Currently

    The investment theses of Africa's CVCs are often less about radical disruption and more about pragmatic self-interest. African founders are taking note.

    SA’s TurnStay Raises $2m to Slash Africa’s Hidden Travel Payment Fees

    The round was led by the Africa-focused fintech fund First Circle Capital.

    South Africa’s Largest Bank Capitec Taps Fintech Mama Money to Capture Migrant Remittance Market

    This bank-fintech tie-up is a noteworthy example of embedded finance in an emerging market, where a large incumbent institution opts to integrate a specialist’s technology rather than build its own competing product.

    Flat6Labs Launches F6 Ventures, Pivoting to Larger Investments After 14 Years

    F6 Ventures will now manage the group’s venture capital funds.

    A Calendar of Funding Deadlines for African Startups

    Check out the latest startup funding headlines for African startups you may have missed.

    After Ditching Subscriptions, Egypt’s Wuilt Raises $2M to Build Free E-Commerce Infrastructure

    The Cairo-based startup is sacrificing recurring revenue and betting on a free platform to capture the MENA region's vast market of small businesses and social sellers.

    The Clock is Ticking: BCEAO Unveils New Payment System as Fintech Ban Nears

    However, the shiny new platform isn’t just a public good; it’s the centrepiece of a much larger, and more forceful, regulatory strategy.

    MEST Africa Challenge: MEST Africa and Banking Giant Absa Team Up to Find Africa’s Next Top Fintech

    This year’s edition is dedicated exclusively to FinTech startups.

    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.

    Kenya’s Apollo Agriculture Rides Securitisation Wave with $2.1M Local-Currency Deal

    The core infrastructure enabling the transaction was provided by Kaleidofin through its “ki” platform.

    The Quiet Exit: Mobilemart Sells to Lesaka in $2.5m All-Cash Deal

    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.

    EFG Hermes Tests ‘Skunkworks’ Playbook Again as Education Platform Files for EGX Listing

    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.