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    Ecosystem News

    Prolific Nigerian Tech Investor Spins Out JADA, to Train AI Talent for the Global Market

    JADA's latest funding represents an important step for the startup, but it is also part of a broader strategy to establish Africa as a hub for AI expertise.
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    Venture Capital & Funding Sources

    LeapFrog Raises $1.15B to Scale Healthcare, Finance, and Climate Solutions in Africa

    LeapFrog has a strong history of investing in Africa, with past investments in companies such as JUMO and Interswitch.
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    EASTERN AFRICA

    Kenya’s Mawingu Secures $15M to Acquire Habari for East African Expansion

    The acquisition of Habari is part of Mawingu’s broader buy-and-build strategy to scale its footprint in East Africa.
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    Ecosystem News

    Egypt’s First SPAC Eyes Fintech Acquisition as Trading Kicks Off on EGX

    Under Egypt's SPAC rules, Catalyst Partners has two years to finalize its acquisitions or return capital to its investors.
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    Mauritius Tightens Its Grip on Africa’s Startup Cap Tables

    Funds domiciled on the island have made a string of investments this year. The money is rarely Mauritian - and that is the point.
    Updates

    Why Your Cheapest Hire Can Be the Most Costly

    Thuto Motsie CEO of Thamani, writes from Gauteng, South Africa

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    Industry

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.
    Industry

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Updates

    Mauritius Tightens Its Grip on Africa’s Startup Cap Tables

    Funds domiciled on the island have made a string of investments this year. The money is rarely Mauritian - and that is the point.
    Updates

    Why Your Cheapest Hire Can Be the Most Costly

    Thuto Motsie CEO of Thamani, writes from Gauteng, South Africa
    Updates

    Kenafric Tests the Corporate VC Playbook for African Consumer Startups with $10M Fund

    Kenafric Group, the Kenyan consumer goods manufacturer whose brands range from chewing gum to...
    Updates

    BII Backs Okra Solar with $7m Debt Facility to Scale Mesh-Grids in Nigeria

    British development finance institution bets that a lighter, decentralised alternative to mini-grids can help close one of the world's largest electricity access gaps - but the model's commercial viability still hinges on procurement and policy execution.

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