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Venture Capital & Funding Sources

First Circle Africa Fund I Lands New Investor, Targets Fintech Startups

First Circle Capital’s investment strategy is designed to go beyond payments, an area that has historically dominated fintech funding in Africa.

September 10, 2024

Ecosystem News

Egypt’s FlapKap Secures $34M Pre-Series A Funding to Scale SME Financing Across MENA

FlapKap’s goal is to scale its impact across the MENA region, providing essential capital to SMEs that often face barriers in accessing traditional financing.

September 9, 2024

Ecosystem News

Goodwell Investments Eyes Exit from Nigeria’s Paga After 13 Years

Paga was one of the first in Nigeria to offer a mobile wallet solution at scale, allowing independent agents to help users deposit and withdraw money via their phones.

September 9, 2024

Venture Capital & Funding Sources

Beyond Capital Targets Debt Funding for African Portfolio Startups Under New Fund

Beyond Capital Ventures has been increasingly active in Africa, where it sees immense growth potential in sectors like healthcare and renewable energy.

September 9, 2024

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First-Time Founders Drive Nigeria’s Unicorn Boom

Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.

August 6, 2026

Updates

Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.

August 6, 2026

Airtel Africa Picks London for $245bn Mobile Money IPO but Faces Independence Test

Rapid growth and 56.5m users make it Africa’s hottest tech float. But privately negotiated intra-group fees threaten to cloud its standalone public valuation.

July 23, 2026

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