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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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    African Startup Deal Tracker — Newest Deals

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

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.

    When a Multilateral Bank Goes Seed-Stage: Afreximbank’s Startup Gamble

    This accelerator is not a standalone experiment; it is the logical progression of a more aggressive investment strategy.

    Latest articles

    African Startup Deal Tracker — Newest Deals

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

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain

    The Graduation Gap: Mapping Africa’s Current High-Liquidity Post-Seed Corridors

    Approximately 5% to 21% of African seed-stage startups successfully secure Series A funding, significantly lower than the global average of roughly 33%.

    Zambian Neobank Lupiya Raises $11.2m Series A to Expand Across Southern Africa

    Founded in 2016, Lupiya operates as a digital-first financial services provider targeting Zambia’s unbanked and underbanked populations.