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    Africa’s Payment Plumbing Gets a $2 Million Boost from France’s DFI

    The $2 million ticket into the Guinean fintech is modest, but it signals growing development-finance appetite for the unglamorous plumbing that connects global money-senders to mobile wallets and cash agents on the continent

    Beltone Clocks 75% IRR as it Exits Egyptian Logistics Play Bosta

    This transaction represents BVC’s fifth successful exit since it began operations in 2023 and the second for its joint vehicle with Citadel.
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    Last year, HAVAÍC — a venture capital firm known for strategic tech investments and a recent exit from fellow emergency-tech startup RapidDeploy — invested $1.1 million in AURA through a bridge round, in partnership with AfricInvest.

    Cameroon’s Fintech Ultimatum: Three Months to License or Cease Operations

    Cameroon’s ultimatum comes just weeks after the Central Bank of West African States (BCEAO) initiated a similar regulatory crackdown across the West African Economic and Monetary Union (WAEMU).

    Egypt’s Si-Ware, Africa’s Prolific Patent Filer, Sells Flagship Product to Swiss Lab Giant

    The company has raised $19 million since inception, supplemented by $20 million from contract chip design — a necessity in a region where deep-tech funding is scarce.

    The South African Solar Startup Fighting Red Tape and Load-Shedding — And Winning

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    Can Product Thinking Crack Africa’s ‘Wickedest Problems’? This Lagos Fund Thinks So

    For a continent where 60% of the population is under 25, the stakes are high.

    How a Nigerian Edtech Exposed a Major National Exam Glitch — and Saved Thousands of Students from Mass Failure

    Over the past week, a bootstrapped Nigerian edtech company saved the country's education sector from widespread chaos.

    Uruguayan Fintech dLocal Faces Margin Pressure in Africa as South Africa Joins Nigeria in Cost Crunch

    dLocal counts Temu, the Chinese e-commerce giant currently making waves across key African markets, among its clients.

    Swvl Reports Strong Q1 2025 Growth, Achieves Profitability Amid Strategic Expansion

    Facing existential threats, Swvl’s leadership implemented a brutal but effective survival plan.

    South Africa’s Community Wolf Lands Funding to Take Anonymous Crime Reporting Global

    South Africa’s crime rates remain among the highest globally, yet many incidents go unreported due to distrust in authorities, fear of retaliation.

    European DFIs Back $80 Million Pan-African Private Credit Fund 

    Africa’s mid-market businesses — often too large for microfinance but too small or risky for traditional bank lending — face an estimated $330 billion annual financing shortfall, according to the African Development Bank.

    Norway’s Wakandi Seeks $50M to Digitize Africa’s SACCOs — Can It Outpace Local Rivals?

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    Latest articles

    Africa’s Payment Plumbing Gets a $2 Million Boost from France’s DFI

    The $2 million ticket into the Guinean fintech is modest, but it signals growing development-finance appetite for the unglamorous plumbing that connects global money-senders to mobile wallets and cash agents on the continent

    Beltone Clocks 75% IRR as it Exits Egyptian Logistics Play Bosta

    This transaction represents BVC’s fifth successful exit since it began operations in 2023 and the second for its joint vehicle with Citadel.

    African Startup Deal Tracker — Newest Deals

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

    Kenya’s Apollo Agriculture Rides Securitisation Wave with $2.1M Local-Currency Deal

    The core infrastructure enabling the transaction was provided by Kaleidofin through its “ki” platform.