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    US Bank Mercury Closes Startup Accounts in 13 African Countries After Massive Cyberattack

    While customer funds remained secure, the attackers downloaded sensitive customer information, including names, social security numbers, bank account numbers, and contact information.

    Launch Africa Investment Series: South Africa’s Shiprazor Receives Funding

    Shiprazor’s end-to-end management capabilities encompass a Shipping Aggregator, Fleet Management System (FMS), Returns Management System (RMS), Customer Experience/Notification System, and Address Verification System, ensuring a seamless logistics process from start to finish.

    With Over 200 Angels, $10M Renew Venture Lab Fund 2 Seeks Asset-light African Startups

    “Our journey began in 2012, and since then, we’ve been committed to supporting innovation and growth in African startups.”

    South African Climate-tech Plentify Secures Funding for International Expansion

    “Plentify may have cracked the code on how to architect energy management in the smart home of the future — enabling homes to cheaply and easily maximize their solar self-consumption.”
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    Acumen’s ARAF Fund Raises $90m to Take Its Climate-resilience Playbook to North Africa

    "Climate change is a fact of life, and climate resilience for farmers is the difference between a good season and the risk of losing everything."

    Vercel Extends Acquisition Spree With Egypt’s Stakpak Deal

    P1 Ventures vindicated as Vercel snaps up second portfolio company in a week.

    From Pilot to Profit: Kenya’s Jackfruit Finance Takes Its School Lending Model Across East Africa

    The move to a revenue-sharing arrangement marks a transition away from subsidised pilot funding.

    Koko Networks Puts Ethanol Platform on the Block in $15m Asset Sale

    The sale is being targeted at corporate and institutional participants with demonstrated financial capacity to conclude a transaction exceeding $15m.

    Latest articles

    Acumen’s ARAF Fund Raises $90m to Take Its Climate-resilience Playbook to North Africa

    "Climate change is a fact of life, and climate resilience for farmers is the difference between a good season and the risk of losing everything."

    Vercel Extends Acquisition Spree With Egypt’s Stakpak Deal

    P1 Ventures vindicated as Vercel snaps up second portfolio company in a week.

    Karooooo’s Delivery Arm Rides Quick-Commerce Wave as Fleet-Tracking Core Matures

    South African vehicle-tracking group Karooooo is quietly building a second growth engine in the...

    Uber to Acquire Glovo and Talabat’s African Operations Under Delivery Hero’s $16.9bn Takeover

    Transaction will give US ride-hailing and delivery group a foothold in fast-growing markets including Egypt, Kenya and Nigeria.