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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.

    3IF Ventures Hits $12m First Close for Africa’s First Dedicated Insurtech Fund

    The close signals institutional appetite for a corner of African fintech that has long been overshadowed by payments and lending.
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    Maghreb VC Firms Look Beyond Borders After Local Startup Setbacks

    This strategic pivot is largely a response to a series of high-profile startup failures within the region, prompting investors to rethink their approach to safeguarding their portfolios.

    Catalyst Partners Seeks Approval for Egypt’s First SPAC

    SPACs, relatively new to the Egyptian market, are shell companies that raise funds through an initial public offering (IPO) to acquire an existing company within a specific timeframe.

    Kenya’s Sukhiba Connect Secures Additional Funding to Scale WhatsApp-Based Commerce Platform

    Kenya’s high WhatsApp penetration, with 97% of internet users utilizing the platform according to a 2022 survey, has been a catalyst for Sukhiba’s growth.

    Startup Funding Drought: Where Are Africa’s Once Prolific Investors Going?

    Investors from Asian countries such as Japan, China and Saudi Arabia are increasingly exploring geographical diversification, suggesting a broader strategy to mitigate risks and capture new market opportunities.

    The SaaS Subscription Playbook: Lessons from a Leading South African Platform’s Subscription Success

    Notably, subscription revenue made up a hefty 89% of the company’s total income during this time, bringing in about $52 million.

    Nigeria’s Intron Health Secures $1.6M for AI-Powered African Accent Recognition

    Intron Health’s existing adoption in 30 hospitals across five markets, including Kenya and Nigeria, showcased its viability and potential impact.

    A New Wave of Foreign Heavyweight Fintech Startups Is Entering Morocco

    Just like Yassir Maroc, Money Fellows’ interest in the Moroccan fintech market is mostly inspired by the prevailing financial behavior of Moroccan consumers.

    Ethiopian Banks Gain New Investment Powers: Startups, Others Now Fair Game

    Banks can hold up to 10% equity shares in a single non-banking business other than insurance.

    Egypt’s dopay Secures $13.5M to Expand Digital Payroll Solutions for Underbanked Workers

    dopay’s expansion plans include the development of a self-financing lending model in collaboration with partner banks, which will leverage deposited funds to create a sustainable lending portfolio

    $500K Up for Grabs: Moroccan Diaspora’s MFounders Targets High-Potential Startups

    The club will focus on startups requiring initial funding between $50,000 and $500,000, addressing a critical need in the funding landscape for early-stage ventures.

    Ghanaian Agritech Startup Sommalife Raises New Funding to Expand Operations

    This investment from Wangara Green Ventures will enable Sommalife to expand its operations, reaching more farmers in rural communities...

    GO LIVE FUND Secures $4.8 Million Backing from ANAVA, Targets Tunisian ‘Pain Killer’ Startups

    The GO LIVE FUND, an €8 million ($8.6M) fund with a first closing at €6 million ($6.6M), aims to support 36 B2B startups in their initial development phase.

    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.

    3IF Ventures Hits $12m First Close for Africa’s First Dedicated Insurtech Fund

    The close signals institutional appetite for a corner of African fintech that has long been overshadowed by payments and lending.

    DBSA Doubles Down on EV Charging With Backing for Zimi

    The investment follows the DBSA's $5.6m (R100m) commitment to Zero Carbon Charge last year

    Charging Depots, Battery Swaps and Fleet Finance: The 5 Models Winning African EV Capital

    A Launch Base Africa analysis of publicly disclosed electric mobility deals across 2025 and the first half of 2026 shows capital clustering around five distinct business models .