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    Ecosystem News

    Revolut Taps Ex-Uber Exec for Morocco Launch, Setting Up Clash with Local Fintechs

    Revolut, which serves 60 million customers and was recently valued at approximately 45 billion, has begun assembling a team in Casablanca.
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    Ecosystem News

    Sun King Secures $156M Kenyan Debt Facility, Tightening its Grip on Africa’s Off-Grid Solar Market

    The deal, backed by major local and international banks, highlights a market consolidation as smaller pay-as-you-go solar companies struggle to stay afloat.
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    WESTERN AFRICA

    Massive Data Fraud Scheme Exposes KYC Vulnerabilities in Nigerian Fintech

    "Information available revealed that the actors are up to 12,000 all over the country seeking account donors."
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    Ecosystem News

    From Poor Pay to Truncated Maps: Glovo’s Moroccan Headaches Mount as Regulator Slams Fine

    Protesters allege that the Glovo app recently displayed a map of Morocco without its southern regions.
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    Valu Expands to Jordan With $7m — but Its Fastest Growth Is Coming From Payments, Not Loan

    Egypt's largest consumer fintech posted its first full-year results since listing.
    Updates

    African Startup Deal Tracker — Newest Deals

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

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    Partner Content

    A New Wave of Tech Firms Is Tapping Nigeria’s Public Debt Market

    The broader market backdrop explains why more technology companies are exploring this route.
    Partner Content

    Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years

    The Kenyan government’s sale of a 65% stake in KPC raised 106.3 billion Kenyan shillings ($823.1m).

    Latest articles

    Updates

    Valu Expands to Jordan With $7m — but Its Fastest Growth Is Coming From Payments, Not Loan

    Egypt's largest consumer fintech posted its first full-year results since listing.
    Updates

    African Startup Deal Tracker — Newest Deals

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

    Dutch VC Aqua-Spark Secures $48m for African Blue Economy Fund, Backed by KfW and AgriFI

    The close marks the culmination of a fundraising process that began in 2021.
    Partner Content

    Why Human Rights Matter in the Modern Workplace

    By Ashwin Rajah, founder of Mindset Matters

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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