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    Latest Funding

    South Africa’s Paymenow Secures $22.4M to Expand Earned Wage Access Across Africa

    With this deal, a wave of South African banks continue their backing for African fintech firms.

    Egypt’s DisrupTech Ventures Backs Nigeria’s Winich Farms in Rare Investment Move

    Winich Farms was founded in 2020 by brothers Riches and Winner Attai, alongside Chichebem Jibunoh.

    Ghanaian Fintech Zeepay Raises $18m Debt to Power Remittance-Led Expansion

    The newest funding round - confirmed to Launch Base Africa by Verdant IMAP, the investment firm that structured and arranged the transaction - marks a significant milestone for the fintech.

    Norfund Backs Nigeria’s OmniRetail in $20M Round — Its First Direct African Startup Investment

    The funding follows significant internal achievements: OmniRetail became EBITDA positive in 2023 and net profitable in 2024, a rare milestone for African B2B commerce startups.
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    TymeBank vs Paymenow: The Race to Own the South African Paycheck

    ​Earned Wage Access (EWA) is booming as a lifeline for cash-strapped workers. But is it a responsible solution or a new dependency cycle? Fintechs like TymeBank, Paymenow, and platform-provider Deel are betting big.

    Degas’s $100m Deal: The Japanese Plan to Wire Africa’s Farms with AI and Satellites

    From Zipline to others, Africa’s breakthrough deeptechs almost always carry a touch of Japanese influence.

    From Trump’s Firing Line to Visa’s Embrace: An African Insurtech’s Survival Story

    The insurtech for farmers saw its future thrown into doubt by a US foreign aid freeze.

    E4E Africa Buys Out Early Investor to Increase Holding in Insurtech Startup Pineapple

    For a later-stage investor like E4E Africa, the transaction allows it to double down on a portfolio company it believes is outperforming.

    Latest articles

    TymeBank vs Paymenow: The Race to Own the South African Paycheck

    ​Earned Wage Access (EWA) is booming as a lifeline for cash-strapped workers. But is it a responsible solution or a new dependency cycle? Fintechs like TymeBank, Paymenow, and platform-provider Deel are betting big.

    Degas’s $100m Deal: The Japanese Plan to Wire Africa’s Farms with AI and Satellites

    From Zipline to others, Africa’s breakthrough deeptechs almost always carry a touch of Japanese influence.

    Tunisia’s New Labour Law Forces a €24bn IT Hiring Giant to Quit the Country After 23 Years

    The company is pulling out of Tunisia after a new law upended its business model.

    African Startup Deal Tracker — Newest Deals

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