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    Quick Commerce Disruptor Breadfast Races Past $150M ARR as Egypt’s Economy Falters

    VNV Global notes that if Breadfast continues on its current path, the company’s growth could become a significant driver for the investor’s entire portfolio.
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    Ecosystem News

    Russian Ride-hailing App Yango Faces Mounting Resistance in Africa — Togo Now Joins the List

    As international scrutiny of Russian firms intensifies, Yango has sought to distance itself from its origins by shifting its global operational headquarters to Dubai.
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    WESTERN AFRICA

    Health Issues Stall Continued Trial of Binance Exec Tigran Gambaryan in Nigeria

    A representative from the correctional facility admitted Gambaryan was 'very' sick and would not be produced in court.
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    Ecosystem News

    “It’s Not If They’ll Come for You; It’s When” — Founder of Collapsed Healthtech 54gene Digs in New Exposé

    “There is a pattern,” he writes.
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    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.
    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.

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    Partner Content

    Zero Fees vs. High Inflation: Why Cisco Is Doubling Down on Affinity Africa’s ‘Freemium’ Math

    When Affinity received its Savings and Loans license in 2022, it was the first such permit granted in over a decade.
    Partner Content

    Africa’s Growth Problem Isn’t Capital. It’s Leadership Without Collaboration

    Africa’s future won’t be determined by how much money arrives. Ray Langa, Group CEO of Leagas Delaney, writes from Cape Town

    Latest articles

    Updates

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.
    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.
    Corporate Governance Forum

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.
    Ecosystem News

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.

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