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    Africa’s Payment Plumbing Gets a $2 Million Boost from France’s DFI

    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

    African Startup Deal Tracker — Newest Deals

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

    Africa’s Mid-Year Startup Funding Boom Favored Early-Stage Startups

    T he early-stage investments show a remarkable diversity.

    Cairo’s Suplyd Raises $2M to Build an Operating System for Restaurants

    The company operates in Egypt’s Hotels, Restaurants, and Catering (HORECA) market, which is valued at an estimated $10bn.

    EBRD Puts $10M into Breadfast as the Egyptian Grocery Startup’s Valuation Nears $400M

    The European Bank for Reconstruction and Development (EBRD) is injecting $10 million into Breadfast.

    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.

    Latest articles

    Africa’s Payment Plumbing Gets a $2 Million Boost from France’s DFI

    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

    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.