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    Latest Funding

    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.

    Egypt’s Tagaddod Raises $26.3M to Solve Biofuels’ Biggest Bottleneck

    Tagaddod has built a tech platform to manage the collection, aggregation, and tracing of waste-based feedstocks.

    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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    Nigeria’s Macro Meltdown Puts Alerzo to the Test Amid ₦4.38bn Debt and Asset Freeze

    For a startup that once promised to rewire fast-moving consumer goods distribution across southwest Nigeria, the footage has drawn renewed attention to mounting questions about the company’s viability.

    Senegal’s Sovereign-Backed Fund Oyass Doubles Down on Healthtech Eyone with $1.7m Injection

    With the new capital, Eyone plans to move beyond its core record-keeping functions.

    MaxAB-Wasoko Swaps Founders for Operators in Hunt for Profitability

    Following the departure of Wasoko founder Daniel Yu as CEO late last year, the combined entity is now aggressively reshuffling its regional leadership...

    Bosta’s Blitz: Can a SuperJet Deal and a Planned IPO Fix Egypt’s Last-Mile Growing Pains?

    Bosta is successfully executing the first half of the “Scale-at-All-Costs”

    Latest articles

    Nigeria’s Macro Meltdown Puts Alerzo to the Test Amid ₦4.38bn Debt and Asset Freeze

    For a startup that once promised to rewire fast-moving consumer goods distribution across southwest Nigeria, the footage has drawn renewed attention to mounting questions about the company’s viability.

    Senegal’s Sovereign-Backed Fund Oyass Doubles Down on Healthtech Eyone with $1.7m Injection

    With the new capital, Eyone plans to move beyond its core record-keeping functions.

    Ethiopia Bans Birr-Based Crypto Trading as Forex Pressures Mount

    Any form of Birr-denominated P2P trading or exchange involving cryptocurrencies, the notice added, “is also prohibited.”

    Ten Key Trends That Shaped African Tech Funding in February

    Across 29 disclosed deals, African startups and growth-stage companies raised at least $340.5m in February. The number tells one story. How the money moved tells a different one.