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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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    Solar Bonds or Equity Stakes? European Retail Investors Pour Millions into African Cleantech Startups, Lured by Tax-Free Gains

    Amid the rise of elusive institutional funds targeting African cleantech, startups in the cleantech and climatetech sectors have found a reliable destination in their search for hard-to-come-by funding.

    Kenyan Fintech Umba Secures $5 Million in Debt Financing to Scale in Africa 

    The company previously raised $15.5 million in a Series A round in 2022, backed by investors including Monzo founder Tom Blomfield and Brazilian neobank Nubank.

    The Latest Funding Deadlines for African Startups

    Time is running out.

    A Band-Aid for Broken Infrastructure: Uganda’s Tax Holiday for Startups

    With 78% of its population under 35 and youth unemployment persistently high, necessity has become the mother of startups.

    Local Startups Look Abroad as Nigeria’s $3 Billion Wealth Fund Plays It Safe

    Amid global geopolitical pressures, Nigerian startups may require a more supportive government.

    One in Four Dollars: Licensed Firms Processed 23% of Nigeria’s $20.93 Billion Remittances in 2024

    The CBN insists that these improvements are not accidental.

    African Tourism Tech Firm Purple Elephant Ventures Secures Further Investment

    Established after the pandemic, PEV has already launched five companies targeting various aspects of the tourism value chain.

    Moroccan Fintech Startup PayTic Secures $4m to Drive Payment Automation

    A key focus of PayTic’s technology is payment reconciliation, a process often reliant on manual methods within financial institutions.

    Egyptian Startup Rabbit Plants Roots in Saudi Arabia, Fueled by Fresh Funding

    Over the past three and a half years, Rabbit reports having served 1.4 million customers in Egypt.

    Are African Tech Firms Ready for Trump’s New Tariffs?

    In 2023, Morocco exported $222 million in semiconductor devices  to the US— a fraction of Taiwan’s $214 billion in integrated circuit exports or the UK’s $92 billion in financial services.

    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