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    WESTERN AFRICA

    Baobab Network Expands Its Portfolio with New Investments Across Africa

    Baobab Network, a prominent venture capital firm dedicated to supporting innovative startups across 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.
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    Major ValU Investor Sells Down Stake in First Secondary Deal Since Listing

    The sale comes as Egypt’s capital markets have shown signs of renewed activity following a period of muted equity capital markets (ECM) transactions.

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

    “No Shortcuts Through the Data”: How Intron is Building African Voice Infrastructure from Scratch

    "The assumption we had to kill earliest was that the technical problem was the hardest one. It is not."

    Optasia’s Growth Is Coming From Where Few Investors Are Looking

    The Dubai-headquartered lending platform's most revealing growth story is not in Africa's largest markets.

    Latest articles

    Major ValU Investor Sells Down Stake in First Secondary Deal Since Listing

    The sale comes as Egypt’s capital markets have shown signs of renewed activity following a period of muted equity capital markets (ECM) transactions.

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

    A New Expansion Map: African Startups Redraw Routes Through Accra

    From Nigerian defence contractors to Kenyan logistics software, a new cohort of well-capitalised tech firms is bypassing traditional hubs to set up operational bases in Accra.

    13 Charts From a Decade of African Exits — And the Uncomfortable Takeaway

    A review of hundreds of acquisitions and listings across Africa's startup ecosystem reveals a market bifurcating.