Socium, founded in 2021 by Samba Lo and Serigne Seye, provides payroll, recruitment and workforce management software to businesses across 21 Francophone African countries.
WeThinkCode, founded in Johannesburg in 2015, runs tuition-free, aptitude-based coding programmes designed to make digital careers accessible to underrepresented communities.
On June 10, 2025, the Bank of Ghana (BoG) issued a stern notice: “Caution on Unlicensed Digital Platforms.” It called out YellowPay — a stablecoin-powered payment offering promoted by Yellow Card Financial Inc.
The acquisition reflects a broader trend in Africa’s distributed energy sector, where early movers are now becoming targets for consolidation as newer entrants seek to de-risk market entry and achieve scale.
These consistent, strong exits with attractive IRRs demonstrate that investing in Africa is not only viable but also a smart move for generating superior returns.
Even as a cohort of the brightest startup founders in Morocco were being shuttled between Rabat and Barcelona for an exclusive mentorship program, the image of their benefactor, delivery giant Glovo...
Socium, founded in 2021 by Samba Lo and Serigne Seye, provides payroll, recruitment and workforce management software to businesses across 21 Francophone African countries.
Sixteen months later, on a hot July day in 2026, Egypt's finance minister, Ahmed Kouchouk, returned to a company whose public frustration had once laid bare the country's industrial bureaucracy.
