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    Udoh Charles

    Charles has carved a niche at the forefront of Africa’s booming tech scene. With years of experience, Udoh has become a go-to expert for multi-million dollar deals in venture capital, private equity, and intellectual property across a vast landscape — from Delaware and New York to Singapore and South Africa. But his expertise extends beyond just the legalese. Udoh is also a corporate governance, data privacy, and tax whiz. An award-winning writer and researcher, he’s passionate about chronicling Africa’s startup story, cementing his position as a true pioneer in the field.

    UK Invests $7M in Mopo to Expand DRC Operations

    Furthermore, the UK is contributing £8.5 million to the African Development Bank’s Sustainable Energy Fund for Africa (SEFA).

    Egypt’s Fincart.io Secures Pre-Seed Funding to Redefine E-Commerce Logistics

    Plus VC, a prominent venture capital firm in the Middle East and North Africa (MENA), led the round, with participation from leading regional and global investors, including Plug and Play, Orbit Startups, Jedar Capital, and other strategic partners.
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    Bloomberg President Leads $6M Investment in African Recommerce Platform FARO

    After the demise of Zumi, its co-founder rebounds with a significant new venture.

    LemFi, Led by OPay Alumni, Raises $53M in Series B to Tap into Booming Remittance Market

    LemFi has achieved significant milestones, including processing over $1 billion in monthly payment volume and recording $2 billion in annual transaction volume in 2023.

    Four Key Predictions for the African Tech Startup Ecosystem in 2025

    Here are four key predictions for the African tech startup ecosystem in the year ahead.

    Emerging Startup Funds for Africa: Who’s Writing the Biggest Checks in 2025?

    If you run a venture focused on Africa, here’s a comprehensive list of the latest startup funds targeting African startups in 2025.

    Correctly Predicted: The African Startup Ecosystem in 2024 as It Unraveled

    Beyond funding and closures, African startups faced a slew of challenges in 2024.

    The Hidden Co-Founder Code Driving VC Decisions in African Startups

    Solo founders are just as likely to secure funding in less saturated markets, reflecting a broader willingness to adapt to regional dynamics.

    At What Price? The Real Cost of Free Legal Aid and Templates for African Startups

    “A poorly drafted SAFE...can unravel an entire deal, especially when the company advances to later funding stages.”

    Will Funding Finally Flow to Tunisian Startups? New Foreign Currency Rules Challenge the Status Quo

    This is the most important legislation to come out of the Tunisian startup ecosystem, even surpassing the Startup Act of 2018. It marks the beginning of a new era for startup funding in the North African country.

    Africa-focused VC Firm Raba Partnership Raises $59.6M for Second Fund

    Raba’s geographic focus remains on the African continent, with a particular emphasis on high-growth hubs in Nigeria, South Africa, Egypt, and Kenya.

    MultiChoice’s Fintech Arm ‘Moment’ Reaches $80M Valuation Following Recent $22M Funding Round

    Founded in 2023, Moment is a joint venture between MultiChoice, payments platform Rapyd, and venture capital firm General Catalyst.

    Africa’s Billion-Dollar Dream: Who Will Lead the Next Unicorn Wave?

    By the time they reach unicorn status, most African startups have extended beyond their home markets.

    Latest articles

    UK Invests $7M in Mopo to Expand DRC Operations

    Furthermore, the UK is contributing £8.5 million to the African Development Bank’s Sustainable Energy Fund for Africa (SEFA).

    Egypt’s Fincart.io Secures Pre-Seed Funding to Redefine E-Commerce Logistics

    Plus VC, a prominent venture capital firm in the Middle East and North Africa (MENA), led the round, with participation from leading regional and global investors, including Plug and Play, Orbit Startups, Jedar Capital, and other strategic partners.

    Standard Chartered’s VC Unit Pours $7M into Furaha, an Education-Focused Lending Fintech 

    Furaha’s platform integrates Yabx’s advanced AI capabilities and alternative lending technologies to develop robust credit scoring systems using diverse data sets.

    Binance Labs Rebrands as YZi Labs to Target Biotech and AI Investments

    The rebranding also coincides with Binance CEO Changpeng Zhao’s (CZ) departure from the company’s day-to-day operations, a move described by YZi Labs as a “natural progression.”