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    Africa’s Payment Plumbing Gets a $2 Million Boost from France’s DFI

    The $2 million ticket into the Guinean fintech is modest, but it signals growing development-finance appetite for the unglamorous plumbing that connects global money-senders to mobile wallets and cash agents on the continent

    Beltone Clocks 75% IRR as it Exits Egyptian Logistics Play Bosta

    This transaction represents BVC’s fifth successful exit since it began operations in 2023 and the second for its joint vehicle with Citadel.
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    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.

    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.

    Latest articles

    Africa’s Payment Plumbing Gets a $2 Million Boost from France’s DFI

    The $2 million ticket into the Guinean fintech is modest, but it signals growing development-finance appetite for the unglamorous plumbing that connects global money-senders to mobile wallets and cash agents on the continent

    Beltone Clocks 75% IRR as it Exits Egyptian Logistics Play Bosta

    This transaction represents BVC’s fifth successful exit since it began operations in 2023 and the second for its joint vehicle with Citadel.

    African Startup Deal Tracker — Newest Deals

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

    Kenya’s Apollo Agriculture Rides Securitisation Wave with $2.1M Local-Currency Deal

    The core infrastructure enabling the transaction was provided by Kaleidofin through its “ki” platform.