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    Staff Writer

    African Startup Deal Tracker — Newest Deals

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

    Ghost Workers, a BMW X5, and $700K Missing: The Insider Fraud Rocking Francophone Africa’s HR Darling

    Socium, founded in 2021 by Samba Lo and Serigne Seye, provides payroll, recruitment and workforce management software to businesses across 21 Francophone African countries.
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    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.

    Battery-Swapping Battle: Silicon Valley and Bengaluru Vie for Africa’s EV Future

    The market for two- and three-wheelers in Africa, the backbone of urban logistics and transport, is expected to exceed 1.9 million vehicles annually by 2030.

    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.

    Ghost Workers, a BMW X5, and $700K Missing: The Insider Fraud Rocking Francophone Africa’s HR Darling

    Socium, founded in 2021 by Samba Lo and Serigne Seye, provides payroll, recruitment and workforce management software to businesses across 21 Francophone African countries.

    Over $500M Lost in Two Years: Eight Graphs That Map the Blind Spots Behind Recent African Startup Collapses

    The period between early 2024 and mid-2026 has been the most unforgiving in the short history of African venture-backed entrepreneurship.

    From an Angry Post to a $50m Ribbon-Cutting: The Land Battle Behind an Egyptian Deeptech Scaleup’s $50m Factory

    Sixteen months later, on a hot July day in 2026, Egypt's finance minister, Ahmed Kouchouk, returned to a company whose public frustration had once laid bare the country's industrial bureaucracy.