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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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    Massive Data Fraud Scheme Exposes KYC Vulnerabilities in Nigerian Fintech

    "Information available revealed that the actors are up to 12,000 all over the country seeking account donors."

    Tracking Google’s AI Interests in Africa: A Strategy of Venture, Grants, and Skilling

    The tech giant’s latest moves—spanning venture funding, academic grants, and digital upskilling—signal a long-term bet on Africa’s potential to drive AI innovation tailored to local challenges.

    GENIUS Act: “America is catching up to Africa on stablecoins” — Yellow Card’s Gillian Darko on Regulation, B2B Pivot 

    We started with a consumer product and have now transitioned to B2B, which has generated a lot of traction.

    From Men’s Shoes to Mobile Phones: Jumia’s Pivot to Africa’s Secondary Cities Is Starting to Pay Off

    Making this strategy work requires a fundamentally different approach to logistics.

    Senegal’s Sovereign Wealth Fund Backs Eyone Medical with $3M in First Deployment from $89M Oyass Capital Fund

    The investments are the first to be made by Oyass Capital, a 52 billion CFA franc ($89 million) SME-focused private equity fund sponsored by the Senegalese Sovereign Strategic Investment Fund (FONSIS).

    Wave Energy Gets a Test Run in South Africa as Swedish Startup Eyes Africa’s Coastline

    But can waves compete with the continent's solar obsession?

    From Poor Pay to Truncated Maps: Glovo’s Moroccan Headaches Mount as Regulator Slams Fine

    Protesters allege that the Glovo app recently displayed a map of Morocco without its southern regions.

    Algeria’s Startup Playbook Puts Sub-Saharan Policies to Shame

    Startup laws may be the fashion across African capitals, but North Africa appears to be one of the few regions actually wearing them well.

    Egypt’s New Fintech Sandbox Comes With Limitations — And Hackathons

    The lab will also offer additional services beyond sandbox testing,

    Looking for VC in Ghana in 2025? Accra’s Not Where the Money Is

    This year so far, most Ghanaian startups raised from a single institutional backer.

    Lagos, a Swarm of Data Centers: Nigeria’s First Digital Free Zone — Itana — Joins Infrastructure Race

    “Africa will not win in the AI age by consuming what the rest of the world builds.”

    Kenya’s Burn Secures $5M from African Development Bank to Scale Electric Cooking Across East and Southern Africa

    AfDB backs carbon-financed clean cooking initiative targeting low-income households in Kenya, Uganda and Zambia.

    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.