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    Nigerian Fintech Bfree Secures New Funding to Buy Up Africa’s Bad Loans

    The latest capital injection adds to a steady string of financing for the startup.

    Former Molten Ventures CEO Moves Into Southern African Secondaries With New £50m Fund

    The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy
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    UGFS-VC’s $17M Series A Tech Fund Reaches First Close with Backing from ANAVA

    With over 15 years of experience and 20 funds structured, UGFS-VC manages assets totaling 240 million Tunisian dinars ($80 million).

    “No Evidence of Corruption”: Twiga Foods CEO Denies Allegations of Misconduct, But Key Questions Remain

    "The current leadership and Board have not seen any evidence of corruption or personal benefit linked to this lease."

    Nigeria’s Sovereign Wealth Fund Takes a Tentative Step into Startup Territory

    The announcement comes just days after Launch Base Africa published a detailed report on the NSIA’s cautious relationship with Nigeria’s startup ecosystem.

    African Startup Deal Tracker — Newest Deals

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

    Egyptian Fintech Firm MSS Holding Raises $21 Million from European Development Bank

    The EBRD has categorized the investment as a low-risk.

    Africa’s Ride-Hailing Revolt: Taxi Unions Clash with Tech Giants in Senegal Showdown

    The scene in a Dakar courtroom this week was emblematic of a continent grappling with the disruptive force of technology colliding with established interests.

    Familiar Paths Forged Anew: African Investors Tread Carefully as AI Buzz Struggles to Echo in Q1

    Across the globe, the first quarter of 2025 witnessed an unprecedented surge in venture capital flowing into artificial intelligence.

    Visa Targets North Africa’s Digital Payments Market with New Investments

    Visa’s Africa strategy is ambitious. Its $1 billion commitment — announced in 2022 — targets infrastructure development, digital inclusion, and financial literacy.

    Kenya’s Twiga Foods Buys Up Three FMCG Distributors Amid Liquidation Allegations and Leadership Turmoil

    Twiga did not disclose the value of the transactions but emphasized that the acquired distributors would retain leadership roles in the newly consolidated operation.

    Digital Lender MyCredit Secures $10.7m to Expand Private School Finance in Kenya

    Beyond the general financing, MyCredit’s new facility incorporates a notable green financing component.

    A Week of Chaos: How Cyberattacks Upstaged Morocco’s Landmark GITEX Africa Event

    As Gitex Africa draws to a close, the conversations within its walls will undoubtedly shift.

    New Wave of Mergers in African Cleantech: Consolidation Heats Up as Investors Seek Scalable Impact

    As the African cleantech sector matures, more consolidation (whether mergers or acquisitions) is likely — signalling a shift from small pilots to regional platforms capable of delivering both access and efficiency.

    Latest articles

    Nigerian Fintech Bfree Secures New Funding to Buy Up Africa’s Bad Loans

    The latest capital injection adds to a steady string of financing for the startup.

    Former Molten Ventures CEO Moves Into Southern African Secondaries With New £50m Fund

    The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy

    Major ValU Investor Sells Down Stake in First Secondary Deal Since Listing

    The sale comes as Egypt’s capital markets have shown signs of renewed activity following a period of muted equity capital markets (ECM) transactions.

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat