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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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    Madica Secures $6M from Flourish Ventures to Extend African Pre-Seed Investment Pilot

    Three-year track record drives extended investment cycle targeting 25–30 additional African startups
    Updates

    WhatsApp Brokers and 12-Month Liquidations: Meet the Startup Trying to Fix Egypt’s Small-Business Exit Crisis

    CompanyExit and AppExit launch anonymous, self-serve marketplaces for small companies and digital assets, testing whether Egypt’s long tail of business owners can be brought into a formal sales process that has so far eluded them. Egypt’s startup ecosystem has spent the past five years building...

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    Industry

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.
    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.

    Latest articles

    Updates

    Madica Secures $6M from Flourish Ventures to Extend African Pre-Seed Investment Pilot

    Three-year track record drives extended investment cycle targeting 25–30 additional African startups
    Updates

    WhatsApp Brokers and 12-Month Liquidations: Meet the Startup Trying to Fix Egypt’s Small-Business Exit Crisis

    CompanyExit and AppExit launch anonymous, self-serve marketplaces for small companies and digital assets, testing...
    Updates

    Ghanaian Agritech Vitara Bags $2M From EU-Backed AgriFI and Acumen to Digitise Shea Supply Chain

    European Union-backed AgriFI and Acumen back Accra-based B-Corp aiming to reach one million farmers by 2030, betting that traceability can lift incomes for women producers in the north.
    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...

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