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    WESTERN AFRICA

    Fuzé Investment Series: Togolese Media Startup Makifaa Secures Funding

    Founded in in 2023 by Doris DJAGLO and Jean Pignan, Makifaa’s unique approach blends the creative talents of local photographers with cutting-edge artificial intelligence (AI) to deliver personalized media solutions within an impressive 48-hour timeframe.
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    Research & Reports

    African Tech Startups: The Ups and Downs of AfDB’s Venture Capital Portfolio

    The Alitheia IDF Fund, for instance, saw its carrying value increase from $4.2 million in 2022 to $5.1 million in 2023, indicating successful investments and positive performance.
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    Venture Capital & Funding Sources

    IFC Raises New Funding to Back Women-Led Startups in Africa via SheWinsAfrica Initiative

    The SheWinsAfrica initiative welcomes applications from women-led startups across all sectors in Sub-Saharan Africa. To be eligible, startups must have at least one female founder.
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    Ecosystem News

    BII Commits $20M to TerraPay to Boost Financial Inclusion in Africa

    “Our investment will support an increased volume of remittance transactions into Africa, by pre-funding over $1 billion worth of transactions per year. Sending money to Africa is expensive..."
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    Moniepoint Closes $200M Round to Push Merchant Banking Beyond Nigeria

    The raise, which includes Visa and Google, defies a broader African tech funding downturn and will fuel the $1bn-plus-valued company’s continental expansion.
    Partner Content

    How Money Fellows Hit Profitability by Digitising Egypt’s Informal ‘Gam’eya’ — and Processing $1.5B

    Money Fellows has established presence in Morocco following a partnership with Attijariwafa Bank.

    Sponsored Posts

    Partner Content

    The British Remittance Fintech Powering Central Africa’s $1B Mobile Money Boom

    The rise of mobile money remittances is having a profound impact on the CEMAC region.
    Partner Content

    With Grocery Dominance Secured, Egypt’s Breadfast Pushes for Unicorn Status In Latest Fintech Expansion

    The online grocer recently secured $10m from the European Bank for Reconstruction and Development to fuel its expansion into financial services and new cities.

    Latest articles

    Updates

    Moniepoint Closes $200M Round to Push Merchant Banking Beyond Nigeria

    The raise, which includes Visa and Google, defies a broader African tech funding downturn and will fuel the $1bn-plus-valued company’s continental expansion.
    Partner Content

    How Money Fellows Hit Profitability by Digitising Egypt’s Informal ‘Gam’eya’ — and Processing $1.5B

    Money Fellows has established presence in Morocco following a partnership with Attijariwafa Bank.
    Ecosystem News

    Meet the Fund Manager Deploying a $1bn Zafiri War Chest for Africa’s Off-Grid Energy Startups

    The Cape Town-based firm will manage Zafiri, a new blended finance vehicle from the IFC and AfDB aiming to plug the 'missing middle' equity gap for decentralised energy companies.
    Updates

    South Africa’s $1.5B Digital Bank TymeBank Rebrands Ahead of Dual NYSE-JSE Listing

    The digital bank has outlined plans for a dual public listing, with a primary listing on the New York Stock Exchange (NYSE).

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