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    African Tech Startups: The Ups and Downs of AfDB’s Venture Capital Portfolio

    The Alitheia IDF Fund, for instance, saw its carrying value increase from $4.2 million in 2022 to $5.1 million in 2023, indicating successful investments and positive performance.

    IFC Raises New Funding to Back Women-Led Startups in Africa via SheWinsAfrica Initiative

    The SheWinsAfrica initiative welcomes applications from women-led startups across all sectors in Sub-Saharan Africa. To be eligible, startups must have at least one female founder.

    BII Commits $20M to TerraPay to Boost Financial Inclusion in Africa

    “Our investment will support an increased volume of remittance transactions into Africa, by pre-funding over $1 billion worth of transactions per year. Sending money to Africa is expensive..."

    Innovate Africa Launches $2.5M to Support Early-Stage Startups

    This sector-agnostic fund aims to back up to 20 startups in its first year.
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    Defense, Logistics and the ‘Home’ Bias: Mapping Africa’s Q1 Startup Capital Flows

    First-quarter data reveals a fracturing landscape, with domestic funds diverging sharply from foreign backers.

    Africa’s Most Active Startup Investors in Q1 2026 — and Where They Put Their Money

    While fintech remains a dominant sector for African venture capital, the nature of the deals has changed.

    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.

    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

    Latest articles

    Defense, Logistics and the ‘Home’ Bias: Mapping Africa’s Q1 Startup Capital Flows

    First-quarter data reveals a fracturing landscape, with domestic funds diverging sharply from foreign backers.

    Africa’s Most Active Startup Investors in Q1 2026 — and Where They Put Their Money

    While fintech remains a dominant sector for African venture capital, the nature of the deals has changed.

    Egypt Bears Brunt of Regional War as African Startup Funding Dips 8% in Q1

    The downturn contrasts sharply with January and February.

    Middle East Conflict Forces Egypt’s Financial Sector into Remote Work as Petroleum Bill Hits $2.5bn

    Here is a breakdown of the policy, the economic conditions driving it, and how it will affect businesses on the ground.