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    WESTERN AFRICA

    Latest Funding

    Baobab Network Expands Its Portfolio with New Investments Across Africa

    Baobab Network, a prominent venture capital firm dedicated to supporting innovative startups across Africa,...
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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.
    Read more
    Ecosystem News

    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.
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    WESTERN AFRICA

    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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    Updates

    Priced Out of London: Why Nigeria’s Fintechs Are Abandoning UK Remittances

    A little over a year ago, Moniepoint pushed back publicly against a Launch Base Africa report detailing heavy losses at its newly launched UK operation, calling the figures overstated.
    Ecosystem News

    Ventures Platform Secures $84M for Second African Tech Fund in Test of Institutional Appetite

    Oversubscribed final close above $75m target highlights early-stage resilience as international investors weigh macroeconomic volatility against long-term demographic bets.

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    Industry

    Five35 Widens Female-Focused Bets as African Funding for Female Founders Dries Up

    Five35's portfolio sits largely outside fintech, the sector with the weakest gender balance among Africa's largest technology verticals.
    Industry

    From Matchmaker to Fund Manager: Why Exits MENA Is Buying Its Way Into Direct Investment

    The Cairo-based advisory platform is taking control of a bank-backed private equity vehicle, a move that blurs the line between deal broker and principal investor.

    Latest articles

    Updates

    Priced Out of London: Why Nigeria’s Fintechs Are Abandoning UK Remittances

    A little over a year ago, Moniepoint pushed back publicly against a Launch Base Africa report detailing heavy losses at its newly launched UK operation, calling the figures overstated.
    Ecosystem News

    Ventures Platform Secures $84M for Second African Tech Fund in Test of Institutional Appetite

    Oversubscribed final close above $75m target highlights early-stage resilience as international investors weigh macroeconomic volatility against long-term demographic bets.
    Updates

    38% on Boards, 8% in the C-Suite: South Africa’s Illusion of Executive Gender Equality

    Dr Shahiem Patel, Dean at Regent Business School, writes from Durban, South Africa
    Updates

    South Africa’s Edge Growth Hits $22M First Close for Scaleup Debt Fund

    The rise of private credit across the continent has been impossible to ignore.

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