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    EBRD Backs Nigerian Grid-Tech Startup Beacon Power Services in $20.9m Push

    At the heart of the problem is a vast metering gap. An estimated 4.7mn electricity customers remain unmetered.

    Climate Fintech Nithio Launches $150M Debt Fund to Back Africa’s Electric Vehicle Fleets

    With capital heavily concentrated in a handful of giants, Nithio’s FUEL vehicle aims to widen the financing pipeline for charging networks and fleet operators.
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    E3 Capital, Norfund Dominate Investor Activity as African Startups Raise Over $800M in Q2

    But beyond the funding volume, a deeper pattern is emerging.

    A Farewell to Okra, Nigeria’s Once Bright API Startup

    At the time we reported on Nigerian cloud startups rallying behind some proposed data rules to escape the claws of foreign hyperscalers, something about the mood felt slightly off.

    Can Jumia’s Cairo Mega Warehouse Turn the Tide for Africa’s Leading Online Retailer?

    Egypt is one of Jumia’s core markets and home to a major tech hub where engineers develop logistics solutions for its pan-African operations.

    Senegal and Kenya Lead Africa’s $345M Startup Funding Boom in June as Nigeria Fades

    As 2025 heads into its second half, the question is no longer whether funding will return. It has. The question now is: where will it go next — and who will be left behind?

    Kenya’s d.light Secures $10m to Scale Solar Lending Across Africa

    In a significant milestone for Africa’s clean energy and financial inclusion sectors, solar energy firm d.light has secured an additional $300 million in receivables financing,

    Ghana’s Liquify Snags $1.5M to Turn Unpaid Invoices into Instant Cash

    “Liquify was built to unlock the $120 billion trade-finance gap holding back Africa’s most dynamic SMEs."

    VIBRA, Pillow, Momint — Africa’s Crypto Graveyard Grows

    South African crypto startup Momint, once lauded for helping local creators monetize digital content through NFTs

    Saudi Arabia’s New Tech Magnet: How Riyadh is Drawing Egypt’s Deep-Tech Startups with Millions in Grant Funding

    The immense financial firepower and market access offered by Saudi Arabia provide a runway that is, for now, unmatched elsewhere in the region.

    Nigerian Startup Intron Finds Surprising Traction in the Country’s Chaotic Courtrooms

    “We didn’t just tune a global model to local accents. We started from scratch with real African data."

    Fintech Unicorn Wave Secures $137 Million in Debt Funding to Power Pan-African Growth

    Wave made headlines in September 2021 when it became Francophone Africa’s first unicorn, hitting a valuation of $1.7 billion

    African Startup Deal Tracker — Newest Deals

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

    Latest articles

    EBRD Backs Nigerian Grid-Tech Startup Beacon Power Services in $20.9m Push

    At the heart of the problem is a vast metering gap. An estimated 4.7mn electricity customers remain unmetered.

    Climate Fintech Nithio Launches $150M Debt Fund to Back Africa’s Electric Vehicle Fleets

    With capital heavily concentrated in a handful of giants, Nithio’s FUEL vehicle aims to widen the financing pipeline for charging networks and fleet operators.

    The Hidden Costs of MNT-Halan’s Mass-Market Lending Model

    Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.

    In Memoriam: Andrew Milne, the Kuunda Co-Founder Who Took Lending to Mobile Money Networks

    Between 2015 and 2017, he was chief operating officer of mobile money company Zoona.