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    SOUTHERN AFRICA

    Can EVs Survive Blackouts? South Africa’s State Bank Puts $5.6M Behind One Startup’s Answer

    “This show of faith by the DBSA is not just financial — it is symbolic.”

    South African Fintech Startup Stitch Raises $55M in New Funding Round

    The funding follows Stitch’s recent expansion efforts, including the acquisition of payment provider Exipay earlier this year.

    TymeBank Deposits Surge to $385m as Digital Lender Builds on Unicorn Status

    The increase in deposits from R6.3bn ($347.11m) in June 2024 reflects the continued growth of the digital lender, which reached a milestone of 10.7m customers by the end of December.

    Tech Giant Microsoft Pours $298m into South Africa’s AI Infrastructure

    The announcement arrives at a complex juncture for South Africa, which has recently faced strained relations with the United States.
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    Egypt’s Flextock Bags $12.6m to Be the ‘Operating System’ for Middle East E-Commerce

    The “Shopify plus logistics” model is coming to the MENA region with more muscle.

    African Startup Deal Tracker — Newest Deals

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

    Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

    A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.

    Latest articles

    Egypt’s Flextock Bags $12.6m to Be the ‘Operating System’ for Middle East E-Commerce

    The “Shopify plus logistics” model is coming to the MENA region with more muscle.

    African Startup Deal Tracker — Newest Deals

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

    The Unwritten Rules of Running a Blended Finance Fund in Africa

    Nobody publishes them. Nobody formally acknowledges them. But spend enough time inside the data, and the operating logic of Africa’s blended finance ecosystem becomes difficult to ignore.

    The Electron Gold Rush: South Africa’s Energy Trading Market Enters a ‘Big Bang’ Phase

    For the first time, South African businesses and municipalities are no longer just “customers” — they are “shoppers” in a competitive market.