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    Ecosystem News

    FIDO Bags $10M Investment to Democratize Finance in Africa

    FIDO’s recent $10 million funding round follows its successful Series A raise of $30 million in 2022, which was led by Fortissimo Capital.
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    NORTHERN AFRICA

    Wattnow Taps into Lateral Frontiers Fund to Accelerate Global Expansion

    Wattnow has already made significant strides in the market, with its solution deployed on over 500 sites across three continents.
    Read more
    Ecosystem News

    Egypt and South Africa to the Rescue: dLocal’s ‘Africa Plan B’ Suddenly Looks Effective

    Africa remains a bright spot for the fintech giant...The region now makes up 23% of dLocal’s total gross profit, underscoring the continent’s growing importance to the company.
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    WESTERN AFRICA

    A Giant Digital Payment System is Underway in Francophone West Africa. And 90 Institutions Have Joined

    The new system, operational 24/7, allows for real-time, round-the-clock transactions of any kind, regardless of the account type.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Updates

    EU-Backed Anara Capital Closes $48m to Fund North African Social Impact Startups

    Amsterdam-based Anara Impact Capital has secured a $48m first close for its debut fund, anchored by the EU and the German government.

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    Partner Content

    The Anti-VC Pivot: Wasoko Founder Launches $100M Fund to Back Migration and Manufacturing

    "Venture-scale returns are only possible in a small subset of business models."
    Hard Talks

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."

    Latest articles

    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Updates

    EU-Backed Anara Capital Closes $48m to Fund North African Social Impact Startups

    Amsterdam-based Anara Impact Capital has secured a $48m first close for its debut fund, anchored by the EU and the German government.
    Updates

    As VC Pulls Back, Cascador Bets $5.6m on Nigeria’s Growth-Stage Startups

    Seven ventures in clean energy, agriculture, AI and healthcare received catalytic funding from the Lagos-based accelerator, in a sign of continued investor appetite for Nigeria's real economy.
    Ecosystem News

    From African Mines to AI Data Labs: Soros-Backed Fund Targets Supply Chain Blind Spots

    The fund’s portfolio includes tools for worker voice, AI-powered supplier mapping and cleaner critical mineral processing.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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