More
    HomeEcosystem NewsWESTERN AFRICA

    WESTERN AFRICA

    Nigeria’s Central Bank Delays Binance Executive’s Trial

    Gambaryan, a U.S. citizen and former IRS Special Agent, has been detained in Nigeria for over six months on charges of tax evasion and money laundering, despite having no decision-making authority at Binance.

    $455M Disgorgement: US Court Slams Nigerian Fintech Founder in Securities Fraud Ruling

    The defendants failed to respond to the complaint, leading to the Clerk of Court entering a default judgment on June 18, 2024.

    Kredete Secures $2.25M to Empower African Immigrants with Credit Building and Low-Cost Transfers

    Looking ahead, Kredete plans to scale its money transfer services to all African countries, expanding beyond the 20 currently available.

    Baobab Network Expands Its Portfolio with New Investments Across Africa

    Baobab Network, a prominent venture capital firm dedicated to supporting innovative startups across Africa,...
    spot_img

    Keep exploring

    African Startup Deal Tracker — Newest Deals

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

    Congo’s €1m “Slow-Build” VC Fund Aims to Defy Central Africa’s Startup Odds

    The centerpiece of the initiative is a 24-month incubation and acceleration program starting in 2026.

    Dot Com Zambia’s IPO Caps a Lively Year for African Tech Listings

    The massive oversubscription in Morocco (Cash Plus) and the solid retail turnout in Zambia (DCZ) debunk the myth that African retail investors won’t buy tech.

    From Idea to Investable: The ‘Product-First’ Playbook Behind Africa’s ‘Toughest’ Fund

    With an acceptance rate of just 0.1%, the fund is deliberately designed to filter aggressively for ideas that can survive real-world scrutiny before capital ever becomes the differentiator.

    Latest articles

    African Startup Deal Tracker — Newest Deals

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

    Congo’s €1m “Slow-Build” VC Fund Aims to Defy Central Africa’s Startup Odds

    The centerpiece of the initiative is a 24-month incubation and acceleration program starting in 2026.

    The $2bn Power Play: Why Egypt Is Suddenly Africa’s Hottest Battery Market

    Development finance institutions and private capital are pouring billions into solar-plus-storage projects...

    Nigeria’s Allegedly ‘Forged’ Tax Laws, Growing Uncertainty — and What Comes Next for Tech Workers

    The timing could hardly be worse. Nigeria’s tech sector, once Africa’s most dynamic, is in freefall.