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    How Egyptian Online Grocery Startup Breadfast Doubled Its Revenue and Turned Profitable Despite Currency Depreciation

    Egypt has devalued its currency four times since 2022, but one startup seems to...

    DFS Lab is Backing African Startups, Thanks to a Partnership with Stellar Development Foundation

    DFS Lab and the Stellar Development Foundation have initiated the DFS Lab Stellar Africa...

    Renew Capital Enters Mozambique, Backs Local Fintech Roscas

    In a bid to address the persistent challenge of financial exclusion in Mozambique, the...

    Verod-Kepple Africa Ventures is Looking Towards Angola, Zambia, DRC, and Tunisia for Its New $60M Fund

    Verod-Kepple Africa Ventures, a pan-African venture capital firm, has recently closed a $60 million...
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    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."

    Latest articles

    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

    NALA Secures up to $50M Credit Facility From MUFG-Backed Liquidity to Pre-Fund Stablecoin Payment Corridors

    "At some point our business was more than doubling every other quarter, we grew faster than we could handle pre-funding for single-direction payments and everything broke."

    South African Fintech Flagship Yoco Buys Restaurant Software Platform Dyner.ai

    The South African payments group is bolting on an AI-native operating system for restaurants, while a new European CEO prepares to take the helm.