More

    Staff Writer

    NewTrails Capital, Backed by Africa’s Leading Smartphone Manufacturer, Invests $55M in EV Startup Spiro

    The Chinese growth-stage fund - whose backers include Transsion Holdings, the Shenzhen company that dominates Africa's mobile phone market ...

    The VC Waiting Game: Why a 7% Distribution Is a Major Win for Early-Stage African Funds

    The pan-African seed fund returns $2.5m to LPs - a rare liquidity signal in a market still waiting for its post-boom reckoning.
    spot_img

    Keep exploring

    Kenya’s d.light Secures $10m to Scale Solar Lending Across Africa

    In a significant milestone for Africa’s clean energy and financial inclusion sectors, solar energy firm d.light has secured an additional $300 million in receivables financing,

    Ghana’s Liquify Snags $1.5M to Turn Unpaid Invoices into Instant Cash

    “Liquify was built to unlock the $120 billion trade-finance gap holding back Africa’s most dynamic SMEs."

    VIBRA, Pillow, Momint — Africa’s Crypto Graveyard Grows

    South African crypto startup Momint, once lauded for helping local creators monetize digital content through NFTs

    Saudi Arabia’s New Tech Magnet: How Riyadh is Drawing Egypt’s Deep-Tech Startups with Millions in Grant Funding

    The immense financial firepower and market access offered by Saudi Arabia provide a runway that is, for now, unmatched elsewhere in the region.

    Nigerian Startup Intron Finds Surprising Traction in the Country’s Chaotic Courtrooms

    “We didn’t just tune a global model to local accents. We started from scratch with real African data."

    Fintech Unicorn Wave Secures $137 Million in Debt Funding to Power Pan-African Growth

    Wave made headlines in September 2021 when it became Francophone Africa’s first unicorn, hitting a valuation of $1.7 billion

    African Startup Deal Tracker — Newest Deals

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

    Lesaka Snaps Up Michael Jordaan’s Bank Zero for $61.4M to Take On TymeBank

    The purchase of Bank Zero is the latest move in Lesaka’s aggressive expansion.

    Bank of Ghana Revives Its List of Unapproved Fintechs

    Just weeks after calling out Yellow Card over its alleged involvement with a dubious stablecoin scheme, the central bank has returned with another blacklist .

    From P2P to Custodian: Inside Telda’s 180-Degree Pivot to Escape Egypt’s Fintech Bloodbath

    What’s kept the company afloat while others from its founding generation have faltered?

    Looking for Funding in North Africa? This VC Might Be Your Best Bet

    Founders in North Africa seeking capital for their early-stage ventures could do worse than knocking on the door of this VC.

    Latest articles

    NewTrails Capital, Backed by Africa’s Leading Smartphone Manufacturer, Invests $55M in EV Startup Spiro

    The Chinese growth-stage fund - whose backers include Transsion Holdings, the Shenzhen company that dominates Africa's mobile phone market ...

    The VC Waiting Game: Why a 7% Distribution Is a Major Win for Early-Stage African Funds

    The pan-African seed fund returns $2.5m to LPs - a rare liquidity signal in a market still waiting for its post-boom reckoning.

    Nigeria’s Startup Graveyard Has Become a Bargain Bin for Buyers

    With fewer, larger funds calling the shots, patience for fragmented markets has evaporated.

    Consortium of DFIs and Philanthropies Backs $176M Africa Clean Energy Platform

    Capital will flow into distributed renewable energy companies.