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    France’s Hummingbirds Raises $59M to Scale Carbon Credit Sales in Kenya and Across Africa

    Most carbon finance enters the market once a project is already operational. Hummingbirds is moving further upstream to address the supply-side bottleneck.

    The Diaspora Founder Formula Behind Côte d’Ivoire’s Most Prolific Venture Studio

    Mstudio now accounts for 68% of all disclosed pre-seed and seed rounds in the country.
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    Meet Ora, the Two-Year-Old Superapp Challenging Glovo in an Unlikely Battle in Morocco

    Even as a cohort of the brightest startup founders in Morocco were being shuttled between Rabat and Barcelona for an exclusive mentorship program, the image of their benefactor, delivery giant Glovo...

    Can EVs Survive Blackouts? South Africa’s State Bank Puts $5.6M Behind One Startup’s Answer

    “This show of faith by the DBSA is not just financial — it is symbolic.”

    Cash Plus Backer Mediterrania Capital Seals €600M Final Close of Fourth Fund

    The fund secured backing from a mix of institutional investors, with a significant share coming from development finance institutions (DFIs).

    African Startup Deal Tracker — Newest Deals

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

    From Washington to a Lagos Cell — Binance’s Crime Chief Closes the Chapter

    Gambaryan, who built Binance’s global investigations team from scratch, said he now plans to shift focus.

    A Decade in the Making: How a 10-Year Partnership Turned into a $150M African Tech Acquisition

    AZA was once nearly acquired by the now-defunct FTX for $220M.

    UNDP’s timbuktoo Platform Is Hunting for Africa’s Next Creative-Tech Founders

    Despite incredible talent and innovation, African creatives contribute just 2.9% of global creative exports.

    Flutterwave-backer 4DX Ventures Drafts Heavyweights for Global Playbook & Beyond-Seed Strategy

    With the addition of Alemayehou and Sekyi-Otu, 4DX is expected to take a more expansive approach to deal sourcing and strategic advisory, particularly in sectors like the creative economy and later-stage growth capital .

    Ex-Expensya Staff Back Thunder Code in $9m Seed Round to Bring AI Agents to Software Testing

    The idea behind Thunder Code emerged while Jouini was serving as CTO at Medius, overseeing integration across six acquired software companies.

    Ex-Google, AXA and MTN Execs Land $10M from IFC for Senegal’s AI Health Startup KERA

    KERA is led by a founding team with deep expertise across healthcare, telecommunications, and artificial intelligence.

    The Investors Most Likely to Join Egypt’s Next Big Startup Rounds in 2025

    Here are the investors that have already funded Egyptian startups in 2025, and who are likely to re-invest before the year is out.

    Profitable, Bootstrapped, and Processing Over $10B: Nigeria’s Fincra Eyes Global Growth

    In Nigeria, for instance, the company powers most of the digital payments for the country’s booming online betting industry.

    Latest articles

    France’s Hummingbirds Raises $59M to Scale Carbon Credit Sales in Kenya and Across Africa

    Most carbon finance enters the market once a project is already operational. Hummingbirds is moving further upstream to address the supply-side bottleneck.

    The Diaspora Founder Formula Behind Côte d’Ivoire’s Most Prolific Venture Studio

    Mstudio now accounts for 68% of all disclosed pre-seed and seed rounds in the country.

    Afreximbank Deepens Bet on Spiro With Over $200m in Backing in Two Years

    The rapid succession of capital injections makes Spiro one of the most heavily capitalized e-mobility players operating on the continent.

    Egypt Wants to Be Your LP: Applications Open for New $1bn Fund-of-Funds

    Egypt is stepping up efforts to attract venture capital following the launch of its long-awaited Startup Charter.