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    Football Stars & Expensya Founders Back Senegal’s LAfricaMobile in $4.6 Million Series A Round

    LAfricaMobile, a leading cloud communication and mobile marketing platform, announced today that it has...

    Ghanaian Healthtech Startup mPharma Raises New $13.6 Million Following Workforce Reductions

     mPharma, a pioneering healthtech company based in Accra, has successfully raised $13.6 million from...

    Egyptian VC Firm Algebra Ventures Makes Morocco Entry with $7 Million Pre-Series A Round for YoLa Fresh

    YoLa Fresh, a Casablanca-based agritech startup established in early 2023, has successfully secured a...

    Important Update: New Currency Rules Take Effect in Central Africa on June 1

     In a move to combat potential counterfeiting and promote economic stability, the Bank of...
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    Egypt Salvages Startup Accelerator After USAID Collapse

    ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million in investment

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

    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

    Egypt Salvages Startup Accelerator After USAID Collapse

    ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million in investment

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.