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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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    Moniepoint Backer DPI Takes Control of Egypt’s $100M+ Fintech Fund Nclude, Launches New Pan-African Venture Capital Arm

    DPI’s foray into venture capital comes at a time of shifting fortunes for Africa’s tech sector.

    Afrimobility: Akwa Group’s Venture Capital Arm Backs 25 Startups in Under Five Years

    “Many VCs just provide money and wait. We invest in the founders themselves, because their success determines ours.”

    Musk’s Starlink Takes On Hormuud Telecom in Somalia as Satellite Internet Spreads Across Africa

    With one of the cheapest internet services in Africa and zero tariffs from the Trump administration, Starlink is set to confront the decades-old Hormuud Telecom.

    Nigeria’s Arnergy Raises $18M to Scale Solar Lease Plans as Fuel and Grid Costs Soar

    However, Arnergy’s scaling plans face a looming policy threat: the Nigerian government’s proposal to ban imported solar panels.

    New Insolvency Spree Sweeps Through Kenya’s Tech Scene Amid Funding Downturn

    From well-publicised insolvency proceedings to lesser-known cases, a wave of Kenya-based startups are increasingly choosing the tough route.

    South African Solar Startups in Limbo Amid Government Crackdown on Unregistered Installations

    To stay afloat, local solar startups are taking matters into their own hands, but the government seems determined to block their progress.

    From Burn Rate to Balance Sheets: Africa’s Public Markets Offer Emerging Credit Fintechs a Path to Profitability and Scale

    Scaling up? Africa's leading credit fintechs are turning to a new financing playbook.

    Airnergize Capital Fund I Hits $120M First Close for African Cleantech Investments

    The fund has already made its first investment through Sustainable Power Solutions Africa (SPS).

    AFD Pledges Extra $3.3M to Pan-African Digital Finance Fund

    The facility supports scalable digital financial solutions — such as mobile banking, digital credit, and payment platforms — to reach underserved populations, including women, smallholder farmers, and rural entrepreneurs.

    OPay’s Valuation Soars to $2.75 Billion as Opera Reports $94.8 Million in Unrealized Gains

    Founded in 2018 by Chinese billionaire Zhou Yahui, OPay has rapidly expanded across Nigeria and Egypt.

    Digital Onslaught in Morocco: Govt Hacked, 30K+ Bank Cards Leaked in Escalating Cyberwar

    Morocco is facing an escalating wave of cyberattacks.

    South African Fintech Startup Stitch Raises $55M in New Funding Round

    The funding follows Stitch’s recent expansion efforts, including the acquisition of payment provider Exipay earlier this year.

    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