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    EASTERN AFRICA

    “It hurt us when the committed capital didn’t fully come through,” Kenyan MarketForce Founders Say as Startup Shuts Down

    In a candid reflection on their entrepreneurial journey, Tesh Mbaabu and his co-founder Mesongo...

    Swiss Investor Leads $20M Series B Round in Kenyan Digital Insurance Startup Pula

    Pula, the Kenyan-based insurtech company, has recently closed a significant $20 million Series B...

    Renew Capital Enters Mozambique, Backs Local Fintech Roscas

    In a bid to address the persistent challenge of financial exclusion in Mozambique, the...

    Netflix Co-Founder and Former Alphabet CEO Back Kenya-based Irrigation Startup SunCulture in $27M Funding Round

    In a move highlighting their commitment to sustainable development and technological innovation, Reed Hastings,...
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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.

    African Startup Deal Tracker — Newest Deals

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

    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.

    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

    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.

    African Startup Deal Tracker — Newest Deals

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

    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.

    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.