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    Latest Funding

    Novastar Ventures Backs Sistema.bio with $3M to Expand Biogas Solutions in Africa

    This marks the first investment from Novastar’s Africa People and Planet Fund III (NVIII).

    LemFi, Led by OPay Alumni, Raises $53M in Series B to Tap into Booming Remittance Market

    LemFi has achieved significant milestones, including processing over $1 billion in monthly payment volume and recording $2 billion in annual transaction volume in 2023.

    Emerging Startup Funds for Africa: Who’s Writing the Biggest Checks in 2025?

    If you run a venture focused on Africa, here’s a comprehensive list of the latest startup funds targeting African startups in 2025.

    Following TymeBank’s acquisition of Retail Capital, FutureGrowth Invests $8.3M in Rival Sourcefin

    Sourcefin, a South African fintech company specializing in alternative funding for small and medium-sized...
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    Africa50 is Betting Big on African Climate-Tech with New $500M Fund

    The new fund, dubbed the Alliance for Green Infrastructure in Africa (AGIA), will focus on off-grid power companies and distributed renewable energy solutions.

    Can Egypt’s Latest Prime Minister-Led Startup Push Finally Deliver on Its Promise?

    This isn’t the firs.t time the Egyptian government has attempted to transform the country’s startup ecosystem.

    UK Backs New GSMA Innovation Fund for African AI Startups

    The fund will offer grants ranging from £100,000 to £250,000 for projects lasting 15–18 months.

    New $5bn Lifeline for African Renewable Energy Firms as Exchange Rates Bite

    In 2023, African cleantech firms borrowed heavily, then suddenly paused in 2024. …But a new lending honeycomb is being built once more.

    Latest articles

    Africa50 is Betting Big on African Climate-Tech with New $500M Fund

    The new fund, dubbed the Alliance for Green Infrastructure in Africa (AGIA), will focus on off-grid power companies and distributed renewable energy solutions.

    Can Egypt’s Latest Prime Minister-Led Startup Push Finally Deliver on Its Promise?

    This isn’t the firs.t time the Egyptian government has attempted to transform the country’s startup ecosystem.

    Nigerian Investors Owed the Most as Mobility Startup Gokada Battles $5M Debt in Delaware Court

    The Delaware Bankruptcy Court proceedings recently took a significant turn with the appointment of a Subchapter V Trustee, who is often appointed if there are allegations of mismanagement or non-compliance.

    Egypt’s Khazna Targets Saudi IPO After $16M Round

    Khazna's goal is to have 40-50% of its business in Saudi Arabia within four years, which would make a Tadawul IPO possible.