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    WESTERN AFRICA

    Fintech Startup Rubyx Secures $1.6M to Help African Businesses Offer Automated Lending

    The Senegal-based fintech platform uses advanced algorithms to assess loan applications and automate the lending process.

    Ride-Hailing Company Bolt Caught in the Middle of a Fierce Nigeria-South Africa Digital Crossfire

    The online battle quickly descended into a “Bolt for Bolt” exchange, with users on both sides vowing to outdo the other.

    Remittance Fintechs Rake in Revenue as Nigerians Abroad Send Record $553M Home in July 

    In June, the bank issued a directive requiring banks and IMTOs to pay all diaspora remittances in Naira and match them with corresponding foreign currency inflows.

    Ex-Revolut and Sendwave Veterans Land $8M to Transform African B2B Payments with Waza

    Investors were likely drawn to Waza’s rapid growth trajectory. Within five months, the company increased its monthly payment volumes from $280,000 to $70 million, translating to an annualized volume of $700 million.
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    South African Biotech Immobazyme Raises $2.9m to Localize Biologics Manufacturing

    The University of Stellenbosch spinoff is building a new facility in Cape Town to tackle Africa's reliance on imported active pharmaceutical ingredients.

    South African Agritech SwiftVEE Raises $10m to Bring Fintech to Livestock Trading

    The platform wants to do more than just digitise auctions - it wants to layer financial services onto the $100m in livestock it trades annually.

    Five African Women-Led Startups Win Naspers Backing — a First for the Embattled Investor

    After shuttering its R1.4bn venture fund amid criticism over diversity, the South African tech giant is betting on female founders with equity-free grants

    Rethinking Urban Work: Why the 15-Minute City Matters

    As CEO of Workshop17, Paul Keursten has observed how the geography of work affects business performance and quality of life. Here, he shares his lessons.

    Latest articles

    South African Biotech Immobazyme Raises $2.9m to Localize Biologics Manufacturing

    The University of Stellenbosch spinoff is building a new facility in Cape Town to tackle Africa's reliance on imported active pharmaceutical ingredients.

    South African Agritech SwiftVEE Raises $10m to Bring Fintech to Livestock Trading

    The platform wants to do more than just digitise auctions - it wants to layer financial services onto the $100m in livestock it trades annually.

    Egypt Makes Remote Tech Talent Exports Tax-Free — And Multinationals Are Lining Up

    Egypt’s tax clarification removes a genuine barrier for service exporters.

    DFIs and European Funds Keep Africa’s 2025 Rebound on Track in November Despite Cooling VC Flows

    With one month remaining in 2025, the African tech ecosystem has firmly rebounded from the lows of 2024.