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    Rally Cap VC Launches $5M Climate Fund Spinoff to Dive into Africa’s Booming Climate Tech Scene

    In a bold move reflecting the shifting tides of investment trends, Rally Cap VC,...

    FairMoney in Talks to Acquire Neobank Umba, Eyes African Expansion

    Paris-based fintech, FairMoney, is currently in early-stage negotiations to acquire Umba, a neobank operating...

    Carbon Acquires Vella Finance and Launches AI-Powered Business Banking Platform

    Carbon, a prominent player in Nigeria’s financial sector, has successfully acquired fintech startup Vella...

    Uber Explores $100 Million Investment in African Startup Moove to Bolster Vehicle Financing

    Uber Technologies Inc. is currently engaged in discussions to invest a substantial $100 million...
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    World’s Top Climate Investor Green Climate Fund Rolls Out $1.5B Plan — Africa Emerges as Top Beneficiary

    Among the approved funding, Africa emerged as the largest beneficiary, securing more than 38% of the total investment.

    Meet Africa’s Most Active Angel Investors

    Mapping Africa's angel investor landscape: Our research tracks over 400 individuals – from finance to law and tech leadership – actively deploying capital into the continent's booming startup ecosystem.

    How Startup Sumet Technologies Became a Top FMCG Player in Tanzania in Just Two Years 

    This tech-first approach has yielded impressive results, with Sumet reporting 15x growth since the second quarter of 2023 and a tripling of its team to over 70 employees.

    Can Swypex and Others Withstand Fawry’s Latest Onslaught? Egypt’s Fintech Scene Heats Up

    Giza-based Swypex recently raised $4 million in seed funding led by Accel. However, Fawry’s scale, resources, and latest additions to its offering further complicate matters for the two-year-old fintech.

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    World’s Top Climate Investor Green Climate Fund Rolls Out $1.5B Plan — Africa Emerges as Top Beneficiary

    Among the approved funding, Africa emerged as the largest beneficiary, securing more than 38% of the total investment.

    Meet Africa’s Most Active Angel Investors

    Mapping Africa's angel investor landscape: Our research tracks over 400 individuals – from finance to law and tech leadership – actively deploying capital into the continent's booming startup ecosystem.

    Stablecoin Giant Tether Deepens African Push Amid Regulatory Pressures in the US and EU

    The EU's MiCA framework has approved ten stablecoin issuers, including Circle and Crypto.com, to operate in the region. However, Tether, the largest stablecoin issuer, has been notably excluded from this EU approval.

    Ghana’s Long-Forgotten Startup Bill Revived by New Government: ‘Must Be Finalized by July 2025’

    The initiative appears well-intentioned, but one cannot ignore the déjà vu — similar promises were made in 2020.