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    EASTERN AFRICA

    TerraPay Secures $95M to Fuel African Remittance Growth, Backed by Major Investors

    The company’s cap table is notably influenced by the IFC, Partech Africa, and Prime V Holding 2 B.V., all of whom have shown continued support for TerraPay’s mission.
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    Ecosystem News

    Egypt’s dopay Secures $13.5M to Expand Digital Payroll Solutions for Underbanked Workers

    dopay’s expansion plans include the development of a self-financing lending model in collaboration with partner banks, which will leverage deposited funds to create a sustainable lending portfolio
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    EASTERN AFRICA

    d.light Secures $176 Million to Expand Solar Access in East Africa

    The company’s PayGo model allows customers to pay for solar products in installments using mobile money.
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    EASTERN AFRICA

    Kenya’s Bio-Logical Secures $1.3M to Expand Biochar Carbon Removal

    The funding round was led by a consortium of high-net-worth individuals and investors, including CrossBoundary, Redshaw Advisors, and existing investor, the Steyn Group.
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    Madica Backs AI-First African Startups as It Refines Its Pre-Seed Playbook

    The Flourish Ventures-affiliated programme is standardising its "ticket-plus-support" mode.
    Ecosystem News

    Hassanein Hiridjee’s Outsized Stake Reshapes Power at Jumia Technologies

    Whether this influence evolves into a full takeover remains uncertain.

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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

    Madica Backs AI-First African Startups as It Refines Its Pre-Seed Playbook

    The Flourish Ventures-affiliated programme is standardising its "ticket-plus-support" mode.
    Ecosystem News

    Hassanein Hiridjee’s Outsized Stake Reshapes Power at Jumia Technologies

    Whether this influence evolves into a full takeover remains uncertain.
    Updates

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

    The latest round comprises a mix of equity and debt.
    Ecosystem News

    Endeavor SA Closes $13.6M Co-Investment Fund to Target the Late-Stage Liquidity Gap

    The final close arrives 18 months after the fund announced its first close.

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