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    The Eerie Reality of Twiga Foods’ ‘Project Easter’: Denials Fade as Layoffs and ‘NewCo’ Now Expose Hidden Plan

    Publicly, Twiga describes the move as a routine corporate alignment. Internally, however, the restructuring appears more complex.
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    Ecosystem News

    Diaspora Dollars: US Passes 5% Tax Bill on Remittances — African Fintechs in the Crosshairs

    For every $100 sent, the new legislation would withhold $5 in federal tax — on top of transaction fees already charged by fintechs and banks.
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    Ecosystem News

    EGX Clears Egyptian BNPL Giant Valu for Stock Market Listing Amid $27M Fundraise

    The shares will be listed under the ticker symbol "VALU.CA" in the Non-Banking Financial Services sector, effective May 22, 2025.
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    Ecosystem News

    With 5 Unicorns, Lagos Overtakes Istanbul and Mumbai in Global Tech Growth Index

    Lagos' tech ecosystem is now valued at $15.3 billion, with unicorn production growing 3x since 2019.
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    Moniepoint-Backer Lightrock Africa Secures IFC Anchor for New $200M Growth Fund

    The World Bank Group's private sector arm is anchoring the Nairobi-headquartered manager's second African growth equity vehicle, which targets eight to twelve portfolio companies across Nigeria, Kenya, and South Africa.
    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.

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    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

    Moniepoint-Backer Lightrock Africa Secures IFC Anchor for New $200M Growth Fund

    The World Bank Group's private sector arm is anchoring the Nairobi-headquartered manager's second African growth equity vehicle, which targets eight to twelve portfolio companies across Nigeria, Kenya, and South Africa.
    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.

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

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