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    EASTERN AFRICA

    EASTERN AFRICA

    In a Debt-Heavy Solar Sector, Sun King Lands Rare $40m Equity Round From Lightrock

    The latest funding rounds out a massive year for the solar giant, following a record-breaking securitisation deal in Kenya.
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    EASTERN AFRICA

    Mirova’s $282M Fund Backs Kenya’s Arc Ride in First African EV Deal

    The €33bn asset manager's Gigaton Fund has committed up to $10m in debt to the Kenyan e-mobility startup to scale its battery-swapping network.
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    EASTERN AFRICA

    Is This the End of Big Tech’s ‘Copy-Paste’ Legal Strategy in Africa?

    This outcome is being seen as a watershed moment.
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    EASTERN AFRICA

    Kenya’s Ampersand Lands BII-led Round to Scale its E-motorbike Battery Network

    Investors pointed to the company’s strong performance metrics as a key driver for the deal.
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    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.
    Updates

    African Startup Deal Tracker — Newest Deals

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

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    Partner Content

    Zero Fees vs. High Inflation: Why Cisco Is Doubling Down on Affinity Africa’s ‘Freemium’ Math

    When Affinity received its Savings and Loans license in 2022, it was the first such permit granted in over a decade.
    Partner Content

    Africa’s Growth Problem Isn’t Capital. It’s Leadership Without Collaboration

    Africa’s future won’t be determined by how much money arrives. Ray Langa, Group CEO of Leagas Delaney, writes from Cape Town

    Latest articles

    Updates

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.
    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Corporate Governance Forum

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.
    Ecosystem News

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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