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    WESTERN AFRICA

    IFC Backs Nigeria’s Solar Growth with $80M Local Currency Financing for Sun King

    Nigeria's inflation rate surged to 33.88% in October, making foreign currency financing increasingly costly for businesses.
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    WESTERN AFRICA

    Ghana’s State-Backed Planned $120M Venture Capital Fund Wrestles with Foreign Interests

    Currently, over 90% of VCTF funding originates from foreign sources.
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    NORTHERN AFRICA

    North African VCs Extend Overseas Foray with $1.2M Investment in France’s Upfund

    CDG Invest’s involvement in Upfund follows its recent participation in a $2.4 million seed round for Amsterdam-based hospitality tech startup Userguest.
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    CENTRAL AFRICA

    Cameroon’s Fako Capital, I&P’s Latest Anchor Fund, Targets $500K Investments in High-Growth Startups

    Fako Capital joins a growing network of African impact funds nurtured by I&P
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    Anka’s New Owner Global Shop Faces Critical Data Leak Days After Acquisition

    The embattled pan-African e-commerce platform Anka is grappling with a severe data breach affecting over half a million users.
    Updates

    BII Backs mPharma for Francophone Push Following Founder’s Exit

    The Ghanaian healthtech, now under new leadership, has secured a strategic investment from BII-backed GIP Ghana to expand its pharmacy network into Togo and Benin.

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    From Media Giant to Family Business: Meet the First Firms Tapping Nigeria’s Landmark $200M Cleantech Fund — Updated

    A mix of established mini-grid operators, a family-run business, and a media giant's new energy venture are among the first to receive funding to build hundreds of solar mini-grids across Nigeria.
    Partner Content

    ‘Don’t Wait to Be Perfect’: How Selling Imperfect Produce Helped Farm to Feed Land a $1.5M Seed Round

    Pushing a problem that you think is important onto a customer doesn’t work.

    Latest articles

    Updates

    Anka’s New Owner Global Shop Faces Critical Data Leak Days After Acquisition

    The embattled pan-African e-commerce platform Anka is grappling with a severe data breach affecting over half a million users.
    Updates

    BII Backs mPharma for Francophone Push Following Founder’s Exit

    The Ghanaian healthtech, now under new leadership, has secured a strategic investment from BII-backed GIP Ghana to expand its pharmacy network into Togo and Benin.
    Partner Content

    Jumia’s Fintech Ambitions Remapped as JumiaPay App Transactions Collapse

    The pan-African e-commerce player's Q3 2025 results show a strategic retreat from its standalone payment app, as it doubles down on core e-commerce and its path to profitability.
    Updates

    Why Global Tech Giants Are Offshoring Their Engineering Jobs to Egypt

    The country’s digital export revenues have surged from $2.4 billion in 2022 to $4.8 billion in 2025

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