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    African Startup Deal Tracker — Newest Deals

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

    Fido Ghana Secures $5.5M Debt to Sharpen AI Credit Scoring for Africa’s ‘Invisible’ Borrowers

    While the global venture capital market remains selective, the appetite for African fintechs solving the "data gap" is showing resilience.
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    Taxi Unions, Vested Interests — The Hidden Risks of Scaling Ride-Hailing Apps Too Fast in North Africa

    The challenges faced by Bolt in Tunisia are not isolated incidents in North Africa.

    Cassava’s AI Factory: A Step Toward Africa’s AI Independence?

    The term “AI factory,” a prominent buzzword at NVIDIA’s recent GTC conference, encapsulates a vision of industrializing the creation of intelligent systems at scale.

    Egyptian Payments Startup enza Secures $6.75m Funding to Fuel African Expansion

    Founded by a team of seasoned professionals with extensive experience in both global and African payments sectors, enza has already demonstrated its ability to address local market complexities.

    Cash Plus Backer Mediterrania Capital Snags $16.3M from DEG

    Geographically, the fund intends to allocate 75% of its resources to North Africa and the remaining 25% to Sub-Saharan Africa.

    Swedfund Backs AfricInvest Small Cap Fund with $16.3M Investment 

    Africinvest Small Cap Fund has set an ambitious target of investing at least 30 percent of its portfolio in companies that are either led by women or have significant female ownership.

    I&P Accélération FARM Launches $4.3M Fund to Target West and East African Agritech

    I&P Accélération FARM is not an isolated effort.

    Djamo’s One Million Active Users: Lessons from Africa’s Toughest Startup Customer-Acquisition Battles

    It’s a sobering reminder that registered users are a vanity metric.

    Tunisian Authorities Suspend Bolt Operations and Seize Millions in Money Laundering Probe

    The public transport system, especially in the capital Tunis, which has a population exceeding two million, has suffered from deterioration over the past decade due to insufficient maintenance and a lack of investment in its renewal.

    Meet the South African Startups Google is Banking on for the Next Wave of Growth

    The success of the South Africa-specific cohort builds upon the foundation laid by the broader Google for Startups Accelerator Africa programme.

    African Startup Deal Tracker — Newest Deals

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

    The Rumors of MTN MoMo Cross-Border Transactions: Fact, Fiction, and the Future of African Fintech

    If MTN MoMo were granted a license to facilitate direct transfers between Ghana and Nigeria, it could reduce reliance on traditional remittance networks.

    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.

    Fido Ghana Secures $5.5M Debt to Sharpen AI Credit Scoring for Africa’s ‘Invisible’ Borrowers

    While the global venture capital market remains selective, the appetite for African fintechs solving the "data gap" is showing resilience.

    France’s Hummingbirds Raises $59M to Scale Carbon Credit Sales in Kenya and Across Africa

    Most carbon finance enters the market once a project is already operational. Hummingbirds is moving further upstream to address the supply-side bottleneck.

    The Diaspora Founder Formula Behind Côte d’Ivoire’s Most Prolific Venture Studio

    Mstudio now accounts for 68% of all disclosed pre-seed and seed rounds in the country.