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    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
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    Seed to Series A Focus: Saviu Ventures Raises $26M for Francophone Africa

    Saviu II will deploy investments ranging from €500,000 to €3 million, often acting as a lead or reference minority shareholder.

    Fintech Unicorn Wave Takes Over Senegal’s Largest E-Ticketing System

    Senegal’s largest e-ticketing system for public transport is now fully powered by Wave, the fintech unicorn that has taken the country’s financial landscape by storm.

    Can Egypt’s Latest Prime Minister-Led Startup Push Finally Deliver on Its Promise?

    This isn’t the firs.t time the Egyptian government has attempted to transform the country’s startup ecosystem.

    Beltone Ventures Invests in Moroccan Eyewear Startup LNKO as Investor Interest in African Optics Grows

    The African eyewear market is attracting increasing attention from investors.

    Nigerian Investors Owed the Most as Mobility Startup Gokada Battles $5M Debt in Delaware Court

    The Delaware Bankruptcy Court proceedings recently took a significant turn with the appointment of a Subchapter V Trustee, who is often appointed if there are allegations of mismanagement or non-compliance.

    One Country, 37 Regulators: A New Way to Run Online Betting Firms in Nigeria

    A Supreme Court ruling has thrown the lottery landscape in Nigeria into disarray, handing...

    Egypt’s Khazna Targets Saudi IPO After $16M Round

    Khazna's goal is to have 40-50% of its business in Saudi Arabia within four years, which would make a Tadawul IPO possible.

    IFC Backs Flat6Labs’ $85m Africa Seed Fund

    The Netherlands-based fund will focus on pre-seed and seed-stage investments in North, West, and East Africa.

    Tunisia’s EasyBank Secures Funding to Expand Digital Financial Services Across MENA and France

    The investment will support EasyBank’s entry into new markets, with a focus on the Middle East, North Africa, and France.

    All Cameroon’s Gambling Payments Now Flow Through Fintech Startup InTouch — But There’s a Catch

    The move effectively places the Senegalese fintech company in control of all transactions related to the reloading and unloading of online player accounts, starting January 30, 2025.

    Armed with $30M, Egypt’s Beltone Capital Became a Top Startup Investor in Africa in 2024

    Beyond Egypt, BVC extended its reach into North Africa and Europe with notable investments.

    Profitable Hakki Africa Raises $12.7M, Backed by Japanese Investors

    The latest investment follows a Series B funding round in 2023, during which Hakki secured 1.58 billion yen (approximately $10.6 million).

    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.