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    EASTERN AFRICA

    Ethiopia’s Dodai Raises Record $4 Million in Series A Round for Electric Mobility Expansion

    Dodai, an Addis Ababa-based electric vehicle (EV) startup, has secured a staggering $4 million...

    Investors Back Kenyan Digital Insurance Startup mTek in $1.25M Funding Round

    mTek, a digital insurance platform, has secured a substantial investment totaling $1.25 million (Sh167.8...

    Swiss Re Foundation Injects $600K into Bimalab Africa Insurtech Accelerator Program to Expand Operations

    The Bimalab Africa Insurtech Accelerator Program, spearheaded by FSD Africa, has received a significant...

    Tim Draper Backs BuuPass: A Game-Changing Investment for Kenya’s Leading Bus Ticketing Platform

     In a significant stride towards revolutionizing Africa’s transportation landscape, BuuPass, Kenya’s leading digital bus...
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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.