More

    Staff Writer

    An 85% Chance of a $3.1bn IPO Within Two Years: Inside Opera’s High‑Stakes OPay Bet

    OPay began life inside Opera in 2018, initially as a mobile wallet and ride-hailing service before quickly pivoting to payments.

    From M-Pesa to Flutterwave: Why Africa Built the Systems the World Now Needs

    "You cannot wait for perfect conditions because perfect conditions are never coming." - Ray Langa, Group CEO of Leagas Delaney South Africa, writes from Johannesburg
    spot_img

    Keep exploring

    African Startup Deal Tracker – Newest Deals

    Quiet deals reflect robust activity beyond the headline figures in Africa’s growing tech scene

    UM6P Startup Programme Plants Flag at World’s Largest Tech Hub — ‘We’re Alternating Between STATION F and StartGate’

    Ranked among the Top 500 in the 2025 Times Higher Education World University Rankings, Morocco's UM6P has actively invested in startups through UM6P Ventures.

    Dutch Development Bank Prioritizes Local Networks in New $4M African Startup Fund

    FMO is breaking with convention, launching a $4M fund for African startups that puts local expertise at its heart.

    What Went Wrong at Edukoya? Nigerian Edtech Closure Raises Market Questions — and Financial Red Flags

    Even in 2022, a year after the purported $3.5 million raise, Edukoya presented a net liability of £353,881.

    DEG injects $52m into African Renewable Energy Fund

    These projects encompass a range of technologies, including mini-grids, solar installations for commercial and industrial clients, and small-scale independent power plants (IPPs) with a capacity of up to 25MW.

    Impact Investor Kholo Capital Secures $76m for Southern Africa

    Kholo Capital will target investments ranging from R70 million to R200 million ( $3.8 million to $10.9 million USD) in SMEs demonstrating a minimum EBITDA of R25 million ($1.4 million USD).

    From Gut Instincts to Institutional Play: African Angels Build Funds on Back of Solo Wins

    At least 50% of established African VCs had completed over ten angel investments before raising institutional funds.

    One Year After Wasoko Merger, MaxAB Bets on Egypt’s Mobile Money Revolution for Profitability

    The move, unveiled this week, marks a strategic diversification for the company, initially known for its e-commerce operations serving informal retailers.

    Togo’s Gozem Raises $30M to Fuel Vehicle Financing Across Francophone Africa

    For Morocco’s Al Mada Ventures, investing in a high-growth super-app in Francophone Africa fits its broader financial services strategy.

    Egypt’s Fawry Takes Controlling Stakes in Three Tech Firms to Compete with Rivals

    “These investments solidify Fawry’s position as a comprehensive provider of digital business solutions."

    SA-Founded RapidDeploy Acquired in Major Deal by Motorola Solutions

    The acquisition underscores the growing importance of NG911 systems, which are designed to replace traditional analogue infrastructure with digital, IP-based networks.

    Instabug Founder Steps Down as CEO, Two Years After $46m Funding Round

    Instabug, the Egyptian-founded mobile app observability platform, has announced a change in leadership as co-founder Omar Gabr steps down from his role as Chief Executive Officer after 13 years.

    Latest articles

    An 85% Chance of a $3.1bn IPO Within Two Years: Inside Opera’s High‑Stakes OPay Bet

    OPay began life inside Opera in 2018, initially as a mobile wallet and ride-hailing service before quickly pivoting to payments.

    From M-Pesa to Flutterwave: Why Africa Built the Systems the World Now Needs

    "You cannot wait for perfect conditions because perfect conditions are never coming." - Ray Langa, Group CEO of Leagas Delaney South Africa, writes from Johannesburg

    Why Several African Fintechs Just Quietly Registered in Canada

    The current wave of registrations spans a range of business models.

    Swoop, Led by 19-Year-Old Thiel Fellow, Raises $7.3m from Silicon Valley to Take on Chowdeck

    UC Berkeley dropout Aubrey Niederhoffer is using food delivery as a wedge to build Africa's next super app. But he is entering a notoriously difficult market.