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    NORTHERN AFRICA

    Morocco Activates $269M Liquidity Injection to Backstop Local VCs

    This marks one of North Africa’s most significant public interventions in venture capital to date.

    Inside Egypt’s 80-Point Plan to Win Back Its Startups

    Here is a breakdown of what’s inside the new charter and the challenges it faces.

    NextProtein Lands $20.7M Series B to Scale Insect Protein in Tunisia

    For BII, the deal marks its first direct investment in Tunisia.

    Fintech CashPlus Jolts Morocco’s Quiet IPO Market with Rare $82M Listing

    The listing is the first for Morocco's non-banking financial sector and will fund a digital and physical expansion as the country aims to boost its public markets.
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    FMO Backs Persistent’s Bid to Build Africa’s Climate Tech Pipeline

    The VB Facility will deliver pre- and post-investment support to startups operating in sectors including distributed solar, energy efficiency, electric mobility, agritech and circular economy solutions.

    From iROKOtv to Showmax: Is the ‘Netflix of Africa’ Dream Officially Dead?

    As Showmax begins its shutdown in the wake of a capital-intensive global streaming war, it joins a long list of well-funded, ambitious local platforms...

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model 

    Nigeria Is Now M-KOPA’s Most Productive Market. Here’s How Its 11K Agent Network Changed the Game

    Here is an analysis of why Nigeria’s sales network is outperforming its peers.

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    FMO Backs Persistent’s Bid to Build Africa’s Climate Tech Pipeline

    The VB Facility will deliver pre- and post-investment support to startups operating in sectors including distributed solar, energy efficiency, electric mobility, agritech and circular economy solutions.

    From iROKOtv to Showmax: Is the ‘Netflix of Africa’ Dream Officially Dead?

    As Showmax begins its shutdown in the wake of a capital-intensive global streaming war, it joins a long list of well-funded, ambitious local platforms...

    Zeno Raises $25m Series A to Build Africa’s Full-Stack E-Motorcycle Challenger

    Zeno’s ability to turn a $9.5m seed round (raised in 2024) into a functioning network of 1,000 motorcycles and 150 charge points suggests...

    100 Faces, 160,000 Attacks: Inside the Industrialised Fraud Machines Targeting Africa

    In the weeks following Nigeria and Ghana’s festive travel season — the period known locally as Detty December — a wave of chargebacks was filed in January 2025, predominantly initiated from abroad.