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    World’s Top Climate Investor Green Climate Fund Rolls Out $1.5B Plan — Africa Emerges as Top Beneficiary

    Among the approved funding, Africa emerged as the largest beneficiary, securing more than 38% of the total investment.

    Meet Africa’s Most Active Angel Investors

    Mapping Africa's angel investor landscape: Our research tracks over 400 individuals – from finance to law and tech leadership – actively deploying capital into the continent's booming startup ecosystem.
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    Saviu Ventures Targets Final Close for $50M Fund Focusing on African Startups

    The announcement comes as the firm celebrates a significant exit from its investment portfolio.

    Kili Ventures Joins $1.5M Seed Round for WafR, Eyeing Morocco’s Cash-Heavy Market

    The startup has so far onboarded 8,500 active monthly merchants, with ambitions to expand to a network of 100,000 retailers.

    Trump’s Foreign Aid Freeze Hits Bill Gates-Backed i3 Healthtech Accelerator — 3rd Cohort Now Slashed

    Originally designed to support up to 15 startups, including early-stage ventures, i3’s third cohort will now concentrate on a few select companies with proven traction and the potential to scale quickly.

    Egypt’s Breadfast Valuation Reaches $268M Following Series B Extension Round

    One of Breadfast’s key investors, VNV Global AB, disclosed that its 8.6% stake in the startup is now valued at $23.1 million, up from an initial investment of $16.9 million in 2021.

    Foundation Ventures Secures $25mn for Egypt and Africa Tech Startups

    A portion of the fund will also be allocated to investments in promising African startups beyond Egypt.

    South African University Spin-offs Attract Investor Interest

    UTF II will target 15 to 20 investments, focusing on scalable technology IP across diverse sectors.

    South African Fintech UsPlus Secures $2 Million to Expand SME Financing

    Invoice factoring, a core service offered by UsPlus, allows businesses to access immediate cash by selling their outstanding invoices at a discount.

    Ivory Coast’s Cauridor Secures $3.5 Million to Strengthen Africa’s Payment Infrastructure

    Cauridor was founded by Oumar Rafiou Barry and Abdoulaye Bah, two Guinean entrepreneurs who encountered firsthand the difficulties of sending money back home while studying in Canada.

    Early-Stage Investor Saviu Reports Multi-Bagger Return on Lapaire Investment After Exit

    Saviu first invested in Lapaire in 2018, participating in subsequent funding rounds and ultimately holding a 22% stake.

    Backed by New $13M, Egypt’s Simplex is Building a Major CNC Factory in Riyadh

    CNC machines, which use pre-programmed software to automate the movement of machine tools, are crucial for modern manufacturing processes.

    Egypt’s New ‘Free’ Tax System Leaves Startups Out in the Cold

    Egyptian founders meet with the government often about their 'precarious' state, but to what end? A new law hopes to provide an answer.

    Bento CEO’s ‘Chaotic’ Run Comes to an End Amidst Tax Allegations and Client Exodus

    This is not the first time Mr. Okubanjo’s leadership has come under scrutiny.

    Latest articles

    World’s Top Climate Investor Green Climate Fund Rolls Out $1.5B Plan — Africa Emerges as Top Beneficiary

    Among the approved funding, Africa emerged as the largest beneficiary, securing more than 38% of the total investment.

    Meet Africa’s Most Active Angel Investors

    Mapping Africa's angel investor landscape: Our research tracks over 400 individuals – from finance to law and tech leadership – actively deploying capital into the continent's booming startup ecosystem.

    Stablecoin Giant Tether Deepens African Push Amid Regulatory Pressures in the US and EU

    The EU's MiCA framework has approved ten stablecoin issuers, including Circle and Crypto.com, to operate in the region. However, Tether, the largest stablecoin issuer, has been notably excluded from this EU approval.

    Ghana’s Long-Forgotten Startup Bill Revived by New Government: ‘Must Be Finalized by July 2025’

    The initiative appears well-intentioned, but one cannot ignore the déjà vu — similar promises were made in 2020.