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    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 Short, Unfinished Life of PayPal’s $100 Million Emerging Markets Fund

    Emerging market fintech funding has already cooled from its 2021–2022 peaks.
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    A Decade in the Making: How a 10-Year Partnership Turned into a $150M African Tech Acquisition

    AZA was once nearly acquired by the now-defunct FTX for $220M.

    UNDP’s timbuktoo Platform Is Hunting for Africa’s Next Creative-Tech Founders

    Despite incredible talent and innovation, African creatives contribute just 2.9% of global creative exports.

    Flutterwave-backer 4DX Ventures Drafts Heavyweights for Global Playbook & Beyond-Seed Strategy

    With the addition of Alemayehou and Sekyi-Otu, 4DX is expected to take a more expansive approach to deal sourcing and strategic advisory, particularly in sectors like the creative economy and later-stage growth capital .

    Ex-Expensya Staff Back Thunder Code in $9m Seed Round to Bring AI Agents to Software Testing

    The idea behind Thunder Code emerged while Jouini was serving as CTO at Medius, overseeing integration across six acquired software companies.

    Ex-Google, AXA and MTN Execs Land $10M from IFC for Senegal’s AI Health Startup KERA

    KERA is led by a founding team with deep expertise across healthcare, telecommunications, and artificial intelligence.

    The Investors Most Likely to Join Egypt’s Next Big Startup Rounds in 2025

    Here are the investors that have already funded Egyptian startups in 2025, and who are likely to re-invest before the year is out.

    Profitable, Bootstrapped, and Processing Over $10B: Nigeria’s Fincra Eyes Global Growth

    In Nigeria, for instance, the company powers most of the digital payments for the country’s booming online betting industry.

    Bad Reporting Is Killing African Startups’ Funding Chances. Egypt’s VCs Have a Fix

    Under the new system, startups will now report a uniform set of metrics.

    Armed with New $75m, Egyptian Proptech Nawy Makes an Unlikely Turn Toward Fund Management

    The move comes on the heels of a $75m capital injection in May.

    Uruguayan Fintech Unicorn dLocal to Acquire AZA Finance in Push Into African Payments Market

    AZA Finance, a Nairobi-founded cross-border fintech, now supports over $9bn in transaction volume across 15 million transactions.

    France’s Bpifrance Backs Tunisia’s Kumulus in $3.5M Round to Scale WaterTech Abroad

    Bpifrance’s investment in Kumulus reflects its growing activity in Africa’s startup ecosystem — particularly in Francophone countries.

    Partech’s €280M Africa Fund Goes to Work: Four Deals in May Signal Aggressive Bet on Continent

    Partech’s reach now spans West, North, East, and Southern Africa. The firm recently opened a new office in Lagos, joining existing locations in Dakar, Nairobi, and Dubai.

    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 Short, Unfinished Life of PayPal’s $100 Million Emerging Markets Fund

    Emerging market fintech funding has already cooled from its 2021–2022 peaks.

    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.