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    Latest Funding

    Morocco’s z.systems Raises $1M to Empower Traditional Retailers

    z.systems is a rapidly scaling startup dedicated to enhancing the competitiveness of Morocco’s small, independent retailers — locally known as “hanouts.”

    Sonatel Backs Healthtech Eyone in $1M Round to Digitize Real-Time Medical Record Access

    Sonatel, a subsidiary of the Orange Group, has positioned itself as a key player in digital transformation across West Africa.

    France’s Largest VC Firm Backs Senegalese AI Startup LAfricaMobile in $7M Series A

    The company raised €500,000 in seed funding in 2020 and secured €4.3 million ($4.6 million) in the first tranche of its Series A in April 2024.

    Acumen Invests $5M in d.light to Expand Clean Energy Access Across East Africa

    d.light allows customers to pay for solar products in installments, making them more affordable.
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    World’s Top Climate Investor Green Climate Fund Rolls Out $1.5B Plan — Africa Emerges as Top Beneficiary

    Among the approved funding, Africa emerged as the largest beneficiary, securing more than 38% of the total investment.

    Meet Africa’s Most Active Angel Investors

    Mapping Africa's angel investor landscape: Our research tracks over 400 individuals – from finance to law and tech leadership – actively deploying capital into the continent's booming startup ecosystem.

    How Startup Sumet Technologies Became a Top FMCG Player in Tanzania in Just Two Years 

    This tech-first approach has yielded impressive results, with Sumet reporting 15x growth since the second quarter of 2023 and a tripling of its team to over 70 employees.

    Can Swypex and Others Withstand Fawry’s Latest Onslaught? Egypt’s Fintech Scene Heats Up

    Giza-based Swypex recently raised $4 million in seed funding led by Accel. However, Fawry’s scale, resources, and latest additions to its offering further complicate matters for the two-year-old fintech.

    Latest articles

    World’s Top Climate Investor Green Climate Fund Rolls Out $1.5B Plan — Africa Emerges as Top Beneficiary

    Among the approved funding, Africa emerged as the largest beneficiary, securing more than 38% of the total investment.

    Meet Africa’s Most Active Angel Investors

    Mapping Africa's angel investor landscape: Our research tracks over 400 individuals – from finance to law and tech leadership – actively deploying capital into the continent's booming startup ecosystem.

    Stablecoin Giant Tether Deepens African Push Amid Regulatory Pressures in the US and EU

    The EU's MiCA framework has approved ten stablecoin issuers, including Circle and Crypto.com, to operate in the region. However, Tether, the largest stablecoin issuer, has been notably excluded from this EU approval.

    Ghana’s Long-Forgotten Startup Bill Revived by New Government: ‘Must Be Finalized by July 2025’

    The initiative appears well-intentioned, but one cannot ignore the déjà vu — similar promises were made in 2020.