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    Backed by Africa’s Leading ClimateTech Investors, Nigerian IoT Startup Shyft Power Merges with UK Rival

    Shyft Power Solutions has made a unique mark as a female-founded and led African tech company, a rarity in the region’s venture capital ecosystem
    Read more
    WESTERN AFRICA

    Beacon Power Services Raises $29.8M Series A Funding, Backed by Partech

    The new funding will enable BPS to expand its operations beyond Nigeria and Ghana into additional markets across Eastern and Southern Africa.
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    CENTRAL AFRICA

    French Bank’s African Fintech Arm YUP Leaves Investors with Over $8M Loss Post-Liquidation

    Originally launched in 2017 across seven African countries, including Côte d’Ivoire, Senegal, Burkina Faso, Guinea, Ghana, Madagascar, and Cameroon, YUP was Société Générale’s attempt to penetrate Africa’s fast-growing mobile payments market.
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    EASTERN AFRICA

    Kenya’s Mobius Motors Clears Short-Term Debts, Positions for Potential Resurgence

    The debt-free short-term position, combined with a recent acquisition bid, signals a potential turnaround year for Mobius as it seeks a path to long-term sustainability.
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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

    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.

    Sponsored Posts

    Partner Content

    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

    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.
    Partner Content

    Going Public Cost Africa-Focused Fintech Optasia Over $23M — 31% of Its Primary Raise

    The Dubai-headquartered fintech listed on the Johannesburg Stock Exchange in November 2025.
    Venture Capital & Funding Sources

    Europe’s EIB Backs Speedinvest to Channel $230M Into African Fintech Startups

    The Vienna-based VC firm has formalised a new vehicle targeting fintech and mobile-first startups across North and Sub-Saharan Africa.

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