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    Staff Writer

    EBRD Backs Nigerian Grid-Tech Startup Beacon Power Services in $20.9m Push

    At the heart of the problem is a vast metering gap. An estimated 4.7mn electricity customers remain unmetered.

    The Hidden Costs of MNT-Halan’s Mass-Market Lending Model

    Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.
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    Ghana’s $8.1B Pension Giants Eye Private Markets. Are VCs on Their Shopping List?

    The shift comes as total pension assets grew by a dramatic 39.5% in the last year, driven by stricter contribution enforcement.

    Forget the PhDs. Africa’s Top AI Founders Are Coming from Big Tobacco and Big Law

    The continent’s AI scene is being built by industry insiders.

    ADX vs Tadawul: How a Cairo Fintech Became Abu Dhabi’s Secret Weapon 

    This is a strategic play by Abu Dhabi to boost liquidity and challenge the dominance of Saudi Arabia’s exchange, the largest in the Arab world.

    In Africa’s Food Delivery ‘Graveyard’, VCs See Signs of Life with Chowdeck’s $9M Round

    Investors are betting that Chowdeck’s combination of local market expertise and disciplined execution can succeed where others have struggled.

    Sony’s First Africa Fund Cheques Aren’t for Content — They’re for the ‘Picks and Shovels’

    Sony has placed its latest chips on two companies solving foundational problems for Africa’s creatives.

    Africa’s Universities Are Birthing Deeptech Startups. But Who Should Be CEO?

    A new wave of deeptech startups is emerging from African university labs, but turning complex science into a global business often requires more than just a brilliant academic at the helm.

    Inside Ethiopia’s War on ‘Black Market’ US Fintechs

    An undercurrent of black market remittance activities threatens NBE's $900M remittance incentives.

    Jumia’s Pivot to First-Party Sales Pays Off as Brands Like Starlink and Adidas Fuel 47% Growth

    The African ecommerce company saw revenue jump 25% and says it's on track to hit breakeven by the end of 2026.

    Egypt’s State-Backed Incubator ITIDA More Than Doubles Seed Funding in Latest Cohort

    Eight startups have joined the latest one-year incubation cycle, developing solutions across healthtech, logistics, education, and e-commerce.

    Flood, a South African S-AaaS Startup, Raises $2.5m to Embed Ecommerce in Existing Apps

    The company helps telcos and banks in emerging markets turn their applications into digital marketplaces for offline merchants.

    After a $75M Proptech Round, Egypt’s Regulator Steps In With New Set of Regulations

    The move brings an end to the sector’s “ask for forgiveness, not permission” phase.

    Latest articles

    EBRD Backs Nigerian Grid-Tech Startup Beacon Power Services in $20.9m Push

    At the heart of the problem is a vast metering gap. An estimated 4.7mn electricity customers remain unmetered.

    The Hidden Costs of MNT-Halan’s Mass-Market Lending Model

    Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.

    In Memoriam: Andrew Milne, the Kuunda Co-Founder Who Took Lending to Mobile Money Networks

    Between 2015 and 2017, he was chief operating officer of mobile money company Zoona.

    Finnfund Makes First African EV Bet with $11.2m Bisedge Debt Deal

    The transaction follows a $20 million equity investment in Bisedge from pan-African private equity firm Metier in May 2026