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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.

    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...

    Tyme Group Becomes Africa’s Latest Unicorn After $250 Million Funding Round

    The funding round attracted global heavyweights, including a $150 million investment from Nu Holdings Ltd., Latin America’s largest financial institution.
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    Context Is the New IP: Inside the New Wave of Africa’s Early-Stage AI Micro-M&A

    The trend also reflects the commoditisation of foundation models.

    Donor-Backed AI Health Tools Proliferate Across Africa, but Sustainability Remains Elusive

    Gates-funded report finds 20 deployed solutions delivering tangible results, yet most rely on short-term grants and lack independently verified cost savings

    Why Europe’s Development Bank Is Writing Multi-Million Euro Checks for Egyptian Fintechs

    “This isn’t just about capital; it’s a powerful validation.''

    From Pilot to Profit: Kenya’s Jackfruit Finance Takes Its School Lending Model Across East Africa

    The move to a revenue-sharing arrangement marks a transition away from subsidised pilot funding.

    Latest articles

    Context Is the New IP: Inside the New Wave of Africa’s Early-Stage AI Micro-M&A

    The trend also reflects the commoditisation of foundation models.

    Donor-Backed AI Health Tools Proliferate Across Africa, but Sustainability Remains Elusive

    Gates-funded report finds 20 deployed solutions delivering tangible results, yet most rely on short-term grants and lack independently verified cost savings

    Third-Party Vendors vs. In-House Builds: The Real Divide in African Banking’s AI Success

    "Africa's banks don't have an AI problem. They have an architecture problem."

    The Executive Order Behind Nigeria’s Crypto Licensing Confusion

    The industry’s scepticism is rooted in experience.