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    It Costs $835k a Year to Run Tunisia’s State-backed Startup Fund

    The latest accounts show the fund is growing.

    I&P Broadens Scope of African Agritech Investment to Include Six New Countries

    According to the Climate Policy Initiative, just 3% of global climate finance flowed to Africa in 2023, and less than 0.5% of that targeted early-stage tech ventures.
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    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.

    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.

    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.

    “Locals Only”: Tanzania’s New Decree Shuts Out Foreign Fintechs

    The timing is particularly ironic when considering a homegrown, yet globally-minded, success story like Nala.

    Inside the Deal: How a Cameroonian Web3 Founder Ended Up on the Board of a $45M State-Rescued ‘Zombie Bank’

    Anthemis-backed founder takes board seat at one of Cameroon's 15 existing commercial banks.

    CityTaps’ $6M Water-Tech Dream Runs Dry as Kenyan Arm Enters Liquidation

    The water-tech aimed to solve water access for Africa's urban poor with smart meters and mobile money. Its collapse is the latest in a wave of closures hitting Kenya's impact startup scene.

    Nigeria’s Shifting Tax Landscape: Free Zone Companies and Startups Caught in Crossfire

    For companies operating in Nigeria’s free zones, these changes are a bitter pill to swallow.

    Inside the Helios Playbook: How a $1B NBA Deal Spawned a $75M Fund for African Sports Tech and Entertainment

    This new fund builds directly on the legacy of one of Helios’s most high-profile deals.

    South African Venture Capital Firm Havaíc Adds $25 Million to Pan-African Tech Fund

    The fund is set to make 15 investments in total.

    Rihanna-Backed Gather Ventures Invests In African Climate Startups

    "We are here to ensure that entrepreneurs don’t take the wrong kind of capital for the wrong reasons"

    Revolut Taps Ex-Uber Exec for Morocco Launch, Setting Up Clash with Local Fintechs

    Revolut, which serves 60 million customers and was recently valued at approximately 45 billion, has begun assembling a team in Casablanca.

    Latest articles

    It Costs $835k a Year to Run Tunisia’s State-backed Startup Fund

    The latest accounts show the fund is growing.

    I&P Broadens Scope of African Agritech Investment to Include Six New Countries

    According to the Climate Policy Initiative, just 3% of global climate finance flowed to Africa in 2023, and less than 0.5% of that targeted early-stage tech ventures.

    Egypt’s New Exchange Chief Has a Startup Past. Can He Kickstart an IPO Boom?

    Dr. Islam Azzam, a former managing director of a national fund targeting startups, takes the helm of the Egyptian Exchange amid a flurry of pro-tech market reforms.

    Real Estate is Eating Startups: Why Founders Need a Smarter Space Strategy

    The startup graveyard is full of good ideas undone by bad decisions.