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    Analysis & Opinions

    The $250M Researcher: Inside the AI Bidding War Where African Talent Is Invisible

    40% of top US AI researchers come from Chinese universities. 0% come from Africa.

    The Great Return: Stablecoins Win Back Africa’s Fleeing Crypto Startup Investors

    The institutional capital we are seeing is now more than just a fleeting conviction.

    The Most Active Investors in African Tech Startups: H1 2025

    Who invested the most in African tech startups in H1 2025? An unexpected foreign VC appears to be everywhere in Africa at the moment.

    The 5 Most Active Seed-Stage Investors in Africa’s Emerging Tech Markets Currently

    The growing investor appetite for markets beyond the traditional hubs is driven by several converging factors.
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    Africa’s Startup M&A Enters a Harder, More Disciplined Phase

    One year after a record wave of buyouts, the deals look different

    Does Africa’s Founder-CEO Exit Wave Have a Nigerian Accent?

    Femi Adeyemo’s departure from Arnergy is the latest in a procession of founder handovers. The numbers suggest Nigeria is the loudest theatre in a continental shift—but not the whole story.

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Africa’s Startup M&A Enters a Harder, More Disciplined Phase

    One year after a record wave of buyouts, the deals look different

    Does Africa’s Founder-CEO Exit Wave Have a Nigerian Accent?

    Femi Adeyemo’s departure from Arnergy is the latest in a procession of founder handovers. The numbers suggest Nigeria is the loudest theatre in a continental shift—but not the whole story.

    Egypt’s Non-Bank Lenders Get Another Year Behind a Regulatory Moat

    For institutions that had hoped to enter the market, the window remains closed.

    Enza Capital Raises $21M to Back African AI as Venture Funding Retreats

    Pan-African venture firm reaches $21mn first close on Enza Capital III LP, betting that AI can narrow a funding gap that has left African AI rounds with a median size of just $1.9mn