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    Ecosystem News

    France’s Biggest Startup Backer Bpifrance Deepens Ties with African Tech

    France's public investment bank is making a big splash in African tech, forging partnerships and backing promising startups.
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    Ecosystem News

    Egyptian Fintech Cassbana ‘Restarting’ Operations After a Tumultuous Pause

    The Egyptian fintech is attempting a restart after two co-founders left.
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    Venture Capital & Funding Sources

    Contrarian VC P1 Ventures Raises $50m to Back Next-Gen African Startups

    This announcement follows a year of significant momentum for P1, highlighted by its largest investment to date: a co-investment alongside Accel in Nuitee, a Moroccan AI-powered hotel booking platform, which raised a $48m Series A round.
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    Ecosystem News

    Moroccan AI Spin-off ToumAI Secures $1 Million in Pre-Seed Funding

    Yousef Rahmani, who holds a Ph.D. in Law from the University of Oxford, co-founded ToumAI Analytics in 2020.
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    Powering Up: Why Fintechs Are Targeting South Africa’s Prepaid Electricity Startups

    Consolidation in Southern Africa’s utility fintech sector is accelerating as established operators look beyond traditional merchant acquiring and airtime lending.
    Updates

    BII Injects $15M Into Starsight Energy to Tackle West Africa’s Diesel Reliance

    The mezzanine debt facility will primarily target Nigeria, where businesses currently depend on an estimated 40GW of expensive, self-generated fossil fuel power.

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    The Riyadh-Cairo Pipeline: Saudi’s VMS Lands in Egypt to Hunt for Seed+ Scaleups

    Founders looking to join the first cohort have a narrow window to apply.
    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.

    Latest articles

    Updates

    Powering Up: Why Fintechs Are Targeting South Africa’s Prepaid Electricity Startups

    Consolidation in Southern Africa’s utility fintech sector is accelerating as established operators look beyond traditional merchant acquiring and airtime lending.
    Updates

    BII Injects $15M Into Starsight Energy to Tackle West Africa’s Diesel Reliance

    The mezzanine debt facility will primarily target Nigeria, where businesses currently depend on an estimated 40GW of expensive, self-generated fossil fuel power.
    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

    Three Years, $618M Pledged: Nigeria’s iDICE Tech Fund Finally Lands With a $729K Startup Grant

    The gap between that announcement and this week’s grant disclosure illustrates how slowly large development-finance vehicles translate into founder-facing capital in Africa’s largest economy.

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