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Launch Africa Ventures Investment Series: Fintech Startups Cauri Money and Kredete Join the List

The platform connects borrowers and lenders, streamlining the lending process from application to repayment.

August 14, 2024

Venture Capital & Funding Sources

AfDB Injects $10M into KawiSafi Fund II to Boost Africa’s Climate Tech

"the Bank’s commitment will leverage investments into groundbreaking African startups tackling climate change through renewable energy, clean mobility, and other vital sectors for achieving our climate goals.”

August 14, 2024

Venture Capital & Funding Sources

‘Compete with VCs and Fail’ — Top CVC Investors in Africa Warn

“Another challenge is ensuring the right people are running the CVC. It’s not a product."

August 13, 2024

WESTERN AFRICA

Nigeria’s Matta Secures Additional Funding to Bridge Africa’s Chemical Supply Chain Gaps

With a presence beyond Nigeria in markets like Cote Ivoire, Senegal, and Mauritius, Matta plans to expand to South Africa and Eastern Africa by the end of 2024.

August 11, 2024

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Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.

August 5, 2026

Updates

EFG Finance Takes Majority Stake in Egypt’s First Remittance Aggregator Balad

The transaction hands control of the startup to one of Egypt’s largest financial groups.

August 5, 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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