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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.

    African Startup Deal Tracker — Newest Deals

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

    From Quebec to Africa: The Obscure Telecom Making a High-Stakes Nasdaq Debut

    In a market where the “landlord” model has proven wildly profitable, can the capital-hungry builder ever catch up?
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    End of Unchecked Fundraising? Nigeria’s SEC Clamps Down on Fintechs’ Freewheeling Commercial Paper Issuance

    Essentially, fintechs are being nudged back to traditional financial institutions, albeit in a supportive role rather than a direct lending one.

    Real-Life African Example: How to Structure Voting Rights in a Crowded Startup Cap Table

    Each round of investment brings new stakeholders, and each investor may want assurances on having a voice in crucial matters.

    Built in the Maghreb, Made in France: North African Startups Seek New Shores as French Support Grows

    For many, the move isn't simply a preference but a matter of business survival.

    Algebra Ventures Backs Efreshli in Push to Digitize Egypt’s Home Furnishing Industry

    With ticket sizes ranging between $500,000 and $3 million, Algebra Ventures focuses on fostering the growth of startups at various stages of development.

    Will JPMorgan Chase’s African Regional Offices Assist African Startup Banking Needs?

    African startups have also faced varying treatment when banking with global institutions.

    Are Nigerian Startups Ready for the Government’s New Tax Regime?

    For small businesses — those blessed with less than ₦2 million ($1,197) worth of transactions per month — this sounds like a reprieve.

    Tired of Equity Deals? Meet the Growing List of Investors Backing Revenue-Based Financing for African Startups

    Rather than surrendering equity or taking on high-interest debt, founders can receive loans based on future earnings and repay them through a percentage of their monthly revenue.

    The Costly Mistakes of Registering African Startups Overseas

    In practice, many African founders discover that access to these services is not guaranteed.

    UPDATED: A List Of New VC Funds African Startups Can Pitch In 2024

    Here’s a curated list of recently launched Africa-focused venture capital funds, with a focus on those established between January 2023 and September 2024:

    Rebranding Gone Wrong: The Name Game That Keeps Hurting African Startups

    While this might have seemed like a practical decision, observers couldn’t help but wonder if this was an avoidable mistake.

    How (Not) to Evade Tax as a Foreign Startup in Kenya

    If you want to take away some lessons from these examples, here’s what you should avoid if you want to keep Kenya’s tax authorities at bay.

    How Local VC Presence Is Fueling Startup Funding Activity in Francophone Africa

    Many local VC firms across Francophone Africa, also, mostly focus on early-stage investments, providing crucial seed and growth funding to startups, although...

    Latest articles

    African Startup Deal Tracker — Newest Deals

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

    From Quebec to Africa: The Obscure Telecom Making a High-Stakes Nasdaq Debut

    In a market where the “landlord” model has proven wildly profitable, can the capital-hungry builder ever catch up?

    School Fees, Secret Loans, and a CEO Ban: Inside Egypt’s Wildest Fintech Scandal

    The regulatory fallout from the Global Paradigm affair signals that Cairo’s toleration for aggressive fintech origination tactics has reached its limit.

    AFC Tests Nigerian Pensions’ Appetite with $750M Climate Fund

    Registered with Nigeria’s Securities and Exchange Commission as a closed-end fund, it targets allocations from pension fund administrators (PFAs) and insurers.