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    Staff Writer

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
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    US Defense Hawk 8VC Backs Terra Industries to Build the ‘Anduril of Africa’

    The startup aims to displace Chinese and European incumbents in the African security market with locally built, vertically integrated autonomous systems.

    In Memoriam: Nelly Chatue-Diop, the Crypto Pioneer Who Bridged Francophone Africa’s Financial Divide

    The founder of Ejara and board member of NFC Bank has died, leaving a void in a region attempting to reconcile traditional banking with Web3 innovation.

     Morocco’s Startup Funding Ceiling Is Structural, Not Cyclical. Egypt Proved Why

    Egypt has quietly built a blueprint for its North African neighbours.

    Ivory Coast’s State-Backed Fund Doubles Down on Fintech With New Green Pay Investment

    The transaction, whose financial terms were not disclosed, is the latest in a growing series of CDC-CI investments into local technology companies 

    Why Morocco’s 2026 FX Reform Matters More Than Another $100m Funding Round

    The old system treated digital businesses as suspicious anomalies.

    Why Egypt Is Plugging Fintechs Directly Into the State Tax Grid

    The system entered a one-month pilot phase on January 1, 2026, and includes a specialized hotline (19659) to troubleshoot technical hurdles during the transition.

    From King to Fourth: How Nigeria Missed Africa’s Funding Rebound in 2025

    For a country that dominated in 2021 and 2022, this collapse marks a structural shift rather than a temporary lull.

    The Geopolitics of the Cap Table: How African Startup Investors Behaved in 2025

    For founders in 2025, the lesson was clear.

    African Startups Raise $3.1bn in 2025 as Nigeria Slips to Fourth Place

    While the “Big Four” still dominate, their internal hierarchy has been upended.

    Deep-Tech Startup SORA Technology Tops Up Late Seed Round to $7.3m for African Expansion

    While many drone startups focus on delivery logistics, SORA Technology has carved out a niche in preventative health and environmental monitoring.

    Flutterwave Buys Mono as Nigeria’s Open-Banking Shakeout Begins

    The acquisition marks a significant consolidation of fintech infrastructure on the continent.

    Asset-Backed Debt and DFI Muscle Drive African Startup Funding in December

    With traditional international VC participation appearing more selective, other players are filling the gap.

    Latest articles

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

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

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.