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    Venture Capital & Funding Sources

    From Herding Cows to Raising $12.6M: Africa’s Pioneer University Venture Fund Shifts Focus to Major Profits

    A university once known for managing a herd of cows through its technology venture unit is now leading Africa’s tech revolution.
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    WESTERN AFRICA

    Remittance Fintechs Rake in Revenue as Nigerians Abroad Send Record $553M Home in July 

    In June, the bank issued a directive requiring banks and IMTOs to pay all diaspora remittances in Naira and match them with corresponding foreign currency inflows.
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    Ecosystem News

    African Tech Ecosystem Confronts Rare Suicide Cases Within One Month

    The African tech community is grappling with the shocking suicides of prominent figures within a single month.
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    WESTERN AFRICA

    Ex-Revolut and Sendwave Veterans Land $8M to Transform African B2B Payments with Waza

    Investors were likely drawn to Waza’s rapid growth trajectory. Within five months, the company increased its monthly payment volumes from $280,000 to $70 million, translating to an annualized volume of $700 million.
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    60-Second Loans, 4-Year Refunds: The Digital Illusion Inside Kenya’s $9.3bn Sacco Sector

    Savings co-ops now manage $9.3bn for nearly 8 million members, but behind the shiny USSD menus lies a system where automated debt collection masks a total breakdown in back-office accountability.
    Industry

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

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    Industry

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.
    Industry

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    Latest articles

    Updates

    60-Second Loans, 4-Year Refunds: The Digital Illusion Inside Kenya’s $9.3bn Sacco Sector

    Savings co-ops now manage $9.3bn for nearly 8 million members, but behind the shiny USSD menus lies a system where automated debt collection masks a total breakdown in back-office accountability.
    Industry

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.
    Updates

    FINCA Ventures Backs Six African Resilience Tech Startups with Catalytic Capital

    Washington-based impact investor deploys non-dilutive funding to early-stage fintech and agtech ventures facing persistent early-stage funding gaps.
    Updates

    Why Business Owners Get Trapped in Firefighter Mode and How to Get Out

    Graham Mitchell (Business Coach, Author and Founder of Grow), writes from Sandton, South Africa

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

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