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    SOUTHERN AFRICA

    Venture Capital & Funding Sources

    Edge Growth Ventures Raises $2.1M to Back Growth-Stage South African Firms

    Edge Growth’s portfolio already includes firms such as Rentoza, logistics operator DKN Transport, home services startup SweepSouth, among others
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    SOUTHERN AFRICA

    SA’s Scale Raises $700K Pre-Seed to Enable African Fintechs Launch and Manage Card Payments

    The $700,000 in pre-seed funding will allow Scale to accelerate its market entry into three African nations, where the company aims to enable fintechs and other businesses to offer payment solutions that are otherwise challenging to deploy.
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    SOUTHERN AFRICA

    Adumo Shareholders to Receive $12M in Cash Post-Exit as Lesaka Completes Acquisition

    Lesaka’s acquisition of Adumo was valued at approximately ZAR 1.67 billion ($96.2 million).
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    Venture Capital & Funding Sources

    South Africa Backs Early-Stage Startups with $17M State-Led Seed Fund

    The fund aims to deploy capital to at least 50 early-stage start-ups over its investment period, with a specific focus on technology and innovation.
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    Updates

    Helios Investment Partners Reaches $250m Second Close for African Climate Fund

    The funding gap for African climate initiatives is vast: currently, public finance covers only 10% of the continent’s requirements. To help bridge this divide, London-headquartered Helios Investment Partners has secured a second close for its Helios Climate Fund, bringing total commitments to approximately $250m. The...
    Updates

    Inside Lesaka’s Struggle to Make African Fintech Consolidation Pay

    The Johannesburg payments company has spent $80m acquiring competitors. Six months of data show why buying scale in African fintech doesn't guarantee profitability.

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    Partner Content

    Egyptian Logistics Startup Bosta Eyes $170M IPO on Local Exchange

    Bosta, the Cairo-based logistics startup that has become ubiquitous on Egyptian streets, may soon be delivering its own shares to the public market.
    Hard Talks

    “Harder to Build, but More Defensible”: Enakl Co-Founder on Tackling Morocco’s Commuter Chaos

    "Our objective is not growth at all costs."

    Latest articles

    Updates

    Helios Investment Partners Reaches $250m Second Close for African Climate Fund

    The funding gap for African climate initiatives is vast: currently, public finance covers only...
    Updates

    Inside Lesaka’s Struggle to Make African Fintech Consolidation Pay

    The Johannesburg payments company has spent $80m acquiring competitors. Six months of data show why buying scale in African fintech doesn't guarantee profitability.
    Ecosystem News

    ‘Don’t Wait for a Cash Crunch’: The $70M Debt Playbook from Lula’s Trevor Gosling

    In 2025, African tech reached a tipping point. For the first time, debt financing across the continent’s startup ecosystem surpassed the $1 billion mark.
    Partner Content

    Nomba’s Canadian Play: Why Nigerian Fintechs are Buying Their Way Out of the Naira Trap

    By investing $2 million into the acquired entity, Nomba is building a direct pipeline between the Canadian Dollar (CAD) and African currencies 

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