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    Breega Launches $75 Million Fund for Early-Stage African Startups

    Breega with offices in Lagos and Cape Town, aims to back African startups that address the continent's unique challenges and contribute to sustainable development.
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    Ecosystem News

    Yassir Acquires Tunisian Delivery Startup KooL, Fresh off $150M Raise and Flink Deal

    One year and $150 million later, Algeria-based tech giant Yassir isn't slowing down. After snapping up European delivery service Flink, they've now set their sights on neighboring rival KooL.
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    Latest Funding

    South African Biotech Startup Immobazyme Secures $1.3M to Expand Production

    The Stellenbosch-based company, founded in 2019 by a trio of scientists, specializes in pioneering enzyme immobilization and precision fermentation technologies.
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    NORTHERN AFRICA

    From Debanking to Backing: HSBC Egypt Launches Surprise $31M Startup Fund

    In a significant shift, HSBC Egypt is launching a 1.5 billion Egyptian pounds (approximately...
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    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.
    Updates

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.

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    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.
    Partner Content

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model 

    Latest articles

    Updates

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.
    Updates

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.
    Ecosystem News

    Algerian Super-App Yassir Buys Uno Hypermarkets to Fill the Jumia-Shaped Hole

    The rumoured unicorn is capitalising on Jumia's recent market exit by merging its digital ecosystem with a brick-and-mortar footprint.
    Updates

    After 14 Years of Bootstrapping, Cybervergent Raises $3M Seed to Scale AI Compliance Platform

    The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.

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