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    Venture Capital & Funding Sources

    With Previous Backing in Egypt and Tunisia, Oman Opens New $180M Fund for Startups in North Africa

    Abu Dhabi-based investment and holding company ADQ, in collaboration with the Oman Investment Authority...
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    EASTERN AFRICA

    Ugandan Health-Tech Startup MamaOpe Medicals Closes Funding Round for Innovative ‘Smart Jacket’ Pneumonia Diagnosis Tool

    Uganda-based MamaOpe Medicals has recently announced the successful closure of an investment round aimed...
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    Policy & Regulations Forum

    New Rule Sets $5,200 Recovery Limit for Users of South African Digital Banks in Case of Failure

    Concerns over the security of bank deposits have persisted among South Africans, particularly in...
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    WESTERN AFRICA

    Y Combinator-backed Nigerian Cleantech Startup Oolu Acquired in Landmark Deal

    In a strategic move aimed at bolstering renewable energy access across West Africa, Ignite...
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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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    Partner Content

    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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