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    Ecosystem News

    Egypt’s FlapKap Secures $34M Pre-Series A Funding to Scale SME Financing Across MENA

    FlapKap’s goal is to scale its impact across the MENA region, providing essential capital to SMEs that often face barriers in accessing traditional financing.
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    Ecosystem News

    Goodwell Investments Eyes Exit from Nigeria’s Paga After 13 Years

    Paga was one of the first in Nigeria to offer a mobile wallet solution at scale, allowing independent agents to help users deposit and withdraw money via their phones.
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    Venture Capital & Funding Sources

    Beyond Capital Targets Debt Funding for African Portfolio Startups Under New Fund

    Beyond Capital Ventures has been increasingly active in Africa, where it sees immense growth potential in sectors like healthcare and renewable energy.
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    NORTHERN AFRICA

    Egypt’s Brotinni Secures Investment from Entilaq to Expand Regional Reach

    The startup raised $600,000 in a seed funding round led by Innlife investments in 2022.
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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.

    Sponsored Posts

    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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