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    Staff Writer

    Premium Brands Don’t Have a Quality Problem. They Have a Distinction Problem.

    Nomaswazi Phumo, Head of Strategy of Leagas Delaney South Africa, writes from Cape Town, South Africa

    Swedfund Injects $20M Into AfricaGoGreen to Plug Climate Debt Gap

    The transaction is consistent with Swedfund’s demonstrated strategic priority.
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    Bolt’s South African Partner MyNextCar Secures $10M to Expand Low-Cost Fleet

    This expansion is poised to substantially increase the number of drivers able to earn an income through Bolt

    While Its Non-African Investments Return 1.3x, Silverbacks’ Nigeria Exits Deliver 10.7x — Inside the VC’s Latest Move

    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.

    South Africa’s Nile Raises $11.3m to Expand Agri-Tech Marketplace Across Southern Africa

    The funding round was led by the Cathay AfricInvest Innovation Fund, with participation from FMO, the Dutch entrepreneurial development bank.

    Salus Cloud Raises $3.7M to Tackle African DevOps ‘Blind Spot’

    “Startups shouldn’t be burning capital building infrastructure that’s not core to their mission.”

    A Quiet Exit: Nigeria’s Migo Acquired by Long-Time Investor

    The company had previously raised a $20 million Series B round in 2019 to fuel its expansion in Nigeria and Brazil.

    French Investor Club Super Capital Eyes Africa and Middle East Expansion with New €250k Tickets

    The new initiative, called the MEA Club, will deploy between €100k and €250k per startup, with a target of investing in ten companies per year.

    Meet Ora, the Two-Year-Old Superapp Challenging Glovo in an Unlikely Battle in Morocco

    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...

    Can EVs Survive Blackouts? South Africa’s State Bank Puts $5.6M Behind One Startup’s Answer

    “This show of faith by the DBSA is not just financial — it is symbolic.”

    Cash Plus Backer Mediterrania Capital Seals €600M Final Close of Fourth Fund

    The fund secured backing from a mix of institutional investors, with a significant share coming from development finance institutions (DFIs).

    African Startup Deal Tracker — Newest Deals

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

    From Washington to a Lagos Cell — Binance’s Crime Chief Closes the Chapter

    Gambaryan, who built Binance’s global investigations team from scratch, said he now plans to shift focus.

    Latest articles

    Premium Brands Don’t Have a Quality Problem. They Have a Distinction Problem.

    Nomaswazi Phumo, Head of Strategy of Leagas Delaney South Africa, writes from Cape Town, South Africa

    Swedfund Injects $20M Into AfricaGoGreen to Plug Climate Debt Gap

    The transaction is consistent with Swedfund’s demonstrated strategic priority.

    How Moving Goalposts Are Freezing Francophone West Africa’s Fintech Scene

    For investors considering Francophone West Africa’s fintech sector, the past eighteen months have been ‘a study in uncertainty’.

    Five Countries, Half a Million Dollars: Inside Nigeria’s New Startup Funding Math

    Nigerian founders are not failing to raise capital so much as raising it through instruments that didn't used to be the plan.