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    Staff Writer

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    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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    Egyptian fintech NowPay has secured a $20m strategic investment to fuel its expansion into Saudi Arabia

    Mineworkers-Backed Agritech Livestock Wealth Fined, Loses Licence in South Africa

    The outcome closes a long-running probe, but leaves unresolved concerns around delayed investor withdrawals.

    Nigeria’s Tech Paradox: Why a Talent Boom Is Meeting a Capital Graveyard

    As Minister 'Bosun Tijani transitions the flagship 3MTT programme to its national stage, the country faces a widening gulf between its massive supply of tech talent and a financial engine that is fast evaporating under his watch.

    When Follow-On Funding Vanished: Africa Tech’s Survival Test

    Of the hundreds of funds active during that peak, over 500 “tourist investors” have effectively vanished from the continent’s deal flow.

    The 1M Club: Egyptian Insurtech Nice Deer Finds Rare Scale in a Paper-Heavy Market

    The timing of Nice Deer’s scale-up coincides with a massive regulatory overhaul in Egypt.

    The “Delete” Button: How a TikTok Contract Cancellation Exposed Africa’s Digital Labour Trap

    The precarity facing African content moderators is intensifying as platforms increasingly turn to artificial intelligence.

    The Rise of the Balance Sheet: African Banks Muscle into Venture Debt

    As venture capital equity markets cooled in 2025, Africa’s largest commercial banks stepped into the gap.

    From Payments to Prompt Engineering: Inside TSG Labs, Paystack’s New AI-Focused Incubator

    Paystack’s footprint now covers markets representing approximately 46% of Africa’s GDP.

    A New Billion-Dollar Wave of Capital Targets African Climate Tech

    Climate financing continues to attract interests global investors.

    The Next Frontier: Why Israeli Tech Giant Commit Just Bought an African Talent Scout

    The acquisition is a validation of the “talent is universal, opportunity is not” thesis that has gained traction across the global south.

    Ex-Mubadala and Goldman Bankers Break Stealth With $1m to Digitise the Turnstile

    “We invested in Knot because the team is solving a complex global problem with a new solution.”

    Bootstrapped in Ouagadougou: How Bellunic’s Founder Is Digitising Burkina Faso’s Informal Markets

    Yacouba Traore is the first to admit that building a startup in Burkina Faso...

    Latest articles

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

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

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.