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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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    Ghana’s Complete Farmer Secures $2.5M EU Funding to Scale Agritech in Underserved Northern Regions

    Founded in 2017 by Ghanaian entrepreneur Desmond Koney, Complete Farmer operates a digital platform that connects smallholder farmers to global buyers and agricultural input vendors.

    Nigeria’s PaidHR Raises $1.8M to Modernize Payroll and People Management Across Africa

    The new funding builds on a $500,000 pre-seed round closed in late 2022.

    Crypto for Groceries? South Africa’s Luno Pay Finds Traction Where Others Stalled — ‘80% of Our Users Returning Weekly’

    What once seemed like a utopian pitch — that cryptocurrencies could serve as everyday money — is edging closer to real-world use.

    Why Education-Led Growth, Not Selling, Is the New Business Growth Hack

    “It’s about building smart, informed customers who choose your brand because they understand it.”

    The AI Startups Winning African VC Backing in 2025 — and Why

    An investigation into recent funding rounds reveals four major themes defining the African AI landscape in 2025 so far .

    Former Swvl CFO Sells Angel Syndicate Qora71 Just Five Months After Launch

    The acquisition of Qora71 is part of a wider trend in the Middle East’s startup capital markets: the layering of digitally enabled, community-driven funding models onto regulated investment platforms.

    Amazon Takes 3.95% Stake as Egyptian Fintech ValU Begins Trading on EGX

    The deal reflects Amazon’s execution of a right first agreed in May 2022, when the U.S. tech giant secured an option to buy $10 million worth of global depositary receipts convertible into equity in ValU — contingent on a qualified offering event, such as today’s listing.

    Kenyan Cookstove Startup Burn Manufacturing Gets $80M to Scale Across Zambia, DRC and Mozambique

    “This ‘first-of-its-kind’ investment will allow us to provide significant subsidies to customers in exchange for the future value of carbon credits."

    As Rivals Collapse, Nigeria’s Chowdeck Bets on Owning the Restaurant with Mira Acquisition

    The timing of Chowdeck’s vertical expansion is notable.

    Nigeria’s Ventures Platform Taps Zipline and TapTap Send Exec to Scout Francophone Africa Deals

    The announcement is part of a broader strategy by Ventures Platform to bridge Africa’s intra-continental funding disparities.

    African Startup Deal Tracker — Newest Deals

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

    The €20 Billion Leaky Bucket: Why Africa’s Climate Tech Isn’t Getting Funded

    A Nigerian minigrid operator pays $250,000 more annually in interest than a structurally identical project in India.

    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.