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    WESTERN AFRICA

    Nigerian Banks Turn to India for Core Banking Software

    The moves by GTBank and Zenith Bank are emblematic of a wider shift within the Nigerian financial services industry.
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    Ecosystem News

    Moroccan Logistics Startup Colis.ma Secures New Pre-Seed Funding for Cross-Border Expansion

    This is not the first time Colis.ma has attracted investor attention.
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    EASTERN AFRICA

    BasiGo Secures $42M to Electrify Public Transport in Kenya and Rwanda

    The Series A equity round was led by Africa50, a pan-African infrastructure investment fund, marking a major milestone as the largest investment by an African fund in an electric mobility company.
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    WESTERN AFRICA

    Nigeria Halts Legal Proceedings Against Binance Executive Gambaryan Amid Diplomatic Pressure

    Gambaryan, a U.S. citizen and a high-ranking compliance officer at Binance, had been held in detention while awaiting trial
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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

    Valu Expands to Jordan With $7m — but Its Fastest Growth Is Coming From Payments, Not Loan

    Egypt's largest consumer fintech posted its first full-year results since listing.

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    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.
    Partner Content

    Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years

    The Kenyan government’s sale of a 65% stake in KPC raised 106.3 billion Kenyan shillings ($823.1m).

    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

    Valu Expands to Jordan With $7m — but Its Fastest Growth Is Coming From Payments, Not Loan

    Egypt's largest consumer fintech posted its first full-year results since listing.
    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.
    Venture Capital & Funding Sources

    Dutch VC Aqua-Spark Secures $48m for African Blue Economy Fund, Backed by KfW and AgriFI

    The close marks the culmination of a fundraising process that began in 2021.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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