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    WESTERN AFRICA

    From Bangalore to Lagos: The Rise of Indian Tech Influence in Nigeria

    Dubbed the “Engineering Mobility Program,” the strategy...involves relocating engineers from Flutterwave’s African offices to Capgemini’s offices in Bangalore, India.
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    Ecosystem News

    Africa’s Leading Accelerator Becomes VC Firm 54 Collective. With Tighter Investment Mandate

    “We’re narrowing our sectoral focus to concentrate on early-stage startups where our support can make a more significant difference.”
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    Latest Funding

    Egypt’s Lucky ONE Secures $3M to Expand Credit Platform and Regional Footprint

    The funding marks a significant milestone for the company as it accelerates its path to profitability, targeting Q1 2025 for this achievement.
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    Ecosystem News

    North Africa Operations Save Jumia as Currency Woes Land Heavy Blows in Nigeria

    North Africa, primarily driven by Egypt, witnessed growth, while West Africa, heavily reliant on Nigeria, experienced a decline.
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    Egyptian Fintech Lucky Hits Profitability, Raises $23m Series B for North African Expansion

    The latest round comprises a mix of equity and debt.
    Updates

    The Hidden Limits of Flutterwave’s ‘New’ Bank

    Flutterwave has secured a microfinance bank license - but the entity it acquired raises questions about the strategic scope the company can immediately pursue.

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    SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core

    This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.
    Partner Content

    Apis Logs $1B in Gains as iKhokha and Baobab Deals Heat Up African Fintech 

    "We engage with buyers before we invest."

    Latest articles

    Updates

    Egyptian Fintech Lucky Hits Profitability, Raises $23m Series B for North African Expansion

    The latest round comprises a mix of equity and debt.
    Updates

    The Hidden Limits of Flutterwave’s ‘New’ Bank

    Flutterwave has secured a microfinance bank license - but the entity it acquired raises questions about the strategic scope the company can immediately pursue.
    Updates

    Egyptian Covid-Era Biotech Reme-D Lands New Backing to Tackle Africa’s Diagnostic Crisis

    The Cairo-based startup will use the investment to scale its cold-chain-independent PCR testing kits across Africa and the Middle East.
    Partner Content

    Optasia’s Growth Is Coming From Where Few Investors Are Looking

    The Dubai-headquartered lending platform's most revealing growth story is not in Africa's largest markets.

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