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    SOUTHERN AFRICA

    From Herding Cows to Raising $12.6M: Africa’s Pioneer University Venture Fund Shifts Focus to Major Profits

    A university once known for managing a herd of cows through its technology venture unit is now leading Africa’s tech revolution.

    Investment Firm Taps into African Sports Tech Market with NERGii Deal

    This technology is poised to not only elevate the performance of athletes but also address common pain points experienced by consumers.

    Zimbabwe’s National Venture Capital Fund Hunts for Investors in Local Startups

    National venture capital funds are rare in Africa, but where they exist, they have demonstrated effectiveness.

    Zambia’s PremierCredit Secures Additional Funding from Enygma Ventures

    Enygma Ventures, known for its focus on investing in women-led businesses in Africa, has found success in Zambia through its investments in both PremierCredit and Lupiya, from which it exited in February 2024 after the company repaid its outstanding debt.
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    Bad Reporting Is Killing African Startups’ Funding Chances. Egypt’s VCs Have a Fix

    Under the new system, startups will now report a uniform set of metrics.

    Uruguayan Fintech Unicorn dLocal to Acquire AZA Finance in Push Into African Payments Market

    AZA Finance, a Nairobi-founded cross-border fintech, now supports over $9bn in transaction volume across 15 million transactions.

    Morocco Looks to Plug and Play to Supercharge Its Startup Ecosystem

    The programme will provide selected startups with hands-on support, including access to Plug and Play’s global offices and its network of multinational corporations .

    Flutterwave, InTouch Licensed — But Most WAEMU Fintechs Still Frozen

    The BCEAO’s slow but ongoing release of approvals suggests the regulatory process is now in motion — but not yet at scale.

    Latest articles

    Bad Reporting Is Killing African Startups’ Funding Chances. Egypt’s VCs Have a Fix

    Under the new system, startups will now report a uniform set of metrics.

    Uruguayan Fintech Unicorn dLocal to Acquire AZA Finance in Push Into African Payments Market

    AZA Finance, a Nairobi-founded cross-border fintech, now supports over $9bn in transaction volume across 15 million transactions.

    Armed with New $75m, Egyptian Proptech Nawy Makes an Unlikely Turn Toward Fund Management

    The move comes on the heels of a $75m capital injection in May.

    France’s Bpifrance Backs Tunisia’s Kumulus in $3.5M Round to Scale WaterTech Abroad

    Bpifrance’s investment in Kumulus reflects its growing activity in Africa’s startup ecosystem — particularly in Francophone countries.