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    Ecosystem News

    $455M Disgorgement: US Court Slams Nigerian Fintech Founder in Securities Fraud Ruling

    The defendants failed to respond to the complaint, leading to the Clerk of Court entering a default judgment on June 18, 2024.
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    Ecosystem News

    Kredete Secures $2.25M to Empower African Immigrants with Credit Building and Low-Cost Transfers

    Looking ahead, Kredete plans to scale its money transfer services to all African countries, expanding beyond the 20 currently available.
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    CENTRAL AFRICA

    Gabon Denies Authorizing $5B Fundraising by Cameroonian Fintech Yunus SA

    The 3,280 billion CFA francs claimed by Yunus SA represents nearly 79% of Gabon’s state budget for 2024, which is set at 4,162 billion CFA francs.
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    EASTERN AFRICA

    Ampersand Secure New Funding to Accelerate Electric Motorcycle Expansion in East Africa

    Ampersand, the Nairobi-based electric transport energy company, has announced a major financial boost with...
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month
    Partner Content

    Rethinking Urban Work: Why the 15-Minute City Matters

    As CEO of Workshop17, Paul Keursten has observed how the geography of work affects business performance and quality of life. Here, he shares his lessons.

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    Partner Content

    Germany’s develoPPP Ventures Steps Up Its Hunt for Africa’s Next Breakout Startups

    According to the programme, this model is designed to “effectively double the capital injection” without forcing founders to dilute their equity further.
    Partner Content

    How Fawry Outgrew Payments and Became Egypt’s Fintech Profit Machine

    These margins are exceptionally high for a fintech company, particularly in a market like Egypt.

    Latest articles

    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
    Partner Content

    Rethinking Urban Work: Why the 15-Minute City Matters

    As CEO of Workshop17, Paul Keursten has observed how the geography of work affects business performance and quality of life. Here, he shares his lessons.
    Partner Content

    Cannibalise to Conquer: Why Egyptian Fintech Valu Is Killing Its Legacy Loans for a Payment Moat

    For years, Valu has been one of Egypt’s standout buy now, pay later (BNPL) players. But its latest earnings report shows something more striking.
    Ecosystem News

    South Africa’s Plentify Secures Series A to Export Energy Management Solution

    The startup, born out of South Africa's energy crisis, has raised fresh capital to take its load-shifting technology to the UK, Australia, and Brazil.

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