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    SOUTHERN AFRICA

    South African Insurtech Naked Secures $38m Funding in Africa’s Largest Sector Deal

    Founded in 2018 by former Ernst & Young executives and actuaries Alex Thomson, Sumarié Greybe, and Ernest North, Naked distinguishes itself through a fully digital, AI-driven insurance platform.
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    Ecosystem News

    IFC Halts $50m Credit Line for African Fintech Onafriq

    The IFC’s proposed $50m investment, comprising an A Loan and B1 Loan Participations, was intended to further fuel Onafriq’s growth.
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    Venture Capital & Funding Sources

    The Top Small-Ticket VCs Backing Early-stage Tech Startups in Africa

    Investments in African tech startups go beyond supporting unicorns. There are hard-tilling VCs operating at the roots.
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    EASTERN AFRICA

    DOB Equity Backs Water Filter Startup in Strategic Shift After Portfolio Setbacks

    Karen Serem Waithaka, who took over as CEO of DOB Equity last year, is leading the fund’s new direction.
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    London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia

    The fund targets a critical bottleneck in emerging market climate tech: the lack of growth-stage capital for established operators.
    Partner Content

    Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle

    This reversal of fortune is stark.

    Sponsored Posts

    Partner Content

    The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom

    Global buyers are snapping up Cairo-based marketing startups, capitalising on years of rigorous local consolidation.
    Partner Content

    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling

    Latest articles

    Updates

    London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia

    The fund targets a critical bottleneck in emerging market climate tech: the lack of growth-stage capital for established operators.
    Partner Content

    Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle

    This reversal of fortune is stark.
    Ecosystem News

    Appeal Dismissed, Liquidation Confirmed: Court Delivers Final Blow to Mastercard-Backed $106m African Startup Fund

    A South African high court has rejected a final attempt by Africa Founders Ventures and its business rescue practitioner to overturn a winding-up order.
    Updates

    900% ROI: Behind the Aggressive Maths of South Africa’s Vehicle-Tracking Giant

    Most businesses that spend heavily on marketing can only guess at the eventual return.

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