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    Venture Capital & Funding Sources

    How L’Afrique Excelle Rewrote the Rules of Startup Investment in Francophone Africa

    In May 2019, Serge Boupda found himself in the spotlight at the Vivatech trade fair in Paris, pitching his startup, Diool, to a room of eager investors. His goal was to secure $1.5 million in funding. Boupda’s Diool, a fintech company that had pivoted from a mobile recharge retailer to a financial services platform for small merchants in Cameroon...

    Egyptian VC Algebra Ventures Sets Sights on Nigeria, Kenya with $20M Investment

    Karim Hussein, managing partner of Algebra Ventures, revealed the firm’s ambitious plans in an...

    4DX Ventures Fund III Raises $48.9M to Target African Startups

    4DX Ventures Fund III will focus on companies offering tech solutions that enhance productivity, efficiency, and competitiveness across Africa. The firm’s previous funds have invested in notable companies like Egypt’s e-commerce platform MaxAB, Ghana’s health tech firm mPharma, and Kenya’s B2B e-commerce platform Wasoko.

    New Deal: Orange Ventures Will Now Double Investment in African Startups Supported by Fuzé

    In a move designed to bolster support for African startups, Orange Ventures, the venture...
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    Egypt’s BNPL Leader ValU Pivots to Payments as Central Bank Tightens Credit Vise

    As the Central Bank of Egypt raises risk weights and tightens bank funding rules, the country’s largest listed consumer lender is looking to fee-based revenue to protect its growth.

    Tokyo State Lenders Back Peach Cars in $3.7M Debt Facility for East Africa Expansion

    Tokyo-based Cordia Directions secures ¥600mn in loans from government-affiliated lenders to expand its Kenyan used-car platform.

    Airtel Africa Picks London for $245bn Mobile Money IPO but Faces Independence Test

    Rapid growth and 56.5m users make it Africa’s hottest tech float. But privately negotiated intra-group fees threaten to cloud its standalone public valuation.

    1M Users in 8 Years, 9M in 6: The Smartphone Pivot Driving M-KOPA’s Hypergrowth

    The group now signs up about 10,000 new customers daily.

    Latest articles

    Egypt’s BNPL Leader ValU Pivots to Payments as Central Bank Tightens Credit Vise

    As the Central Bank of Egypt raises risk weights and tightens bank funding rules, the country’s largest listed consumer lender is looking to fee-based revenue to protect its growth.

    Tokyo State Lenders Back Peach Cars in $3.7M Debt Facility for East Africa Expansion

    Tokyo-based Cordia Directions secures ¥600mn in loans from government-affiliated lenders to expand its Kenyan used-car platform.

    First-Time Founders Drive Nigeria’s Unicorn Boom

    Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.

    Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

    A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.