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    WESTERN AFRICA

    Bento CEO’s ‘Chaotic’ Run Comes to an End Amidst Tax Allegations and Client Exodus

    This is not the first time Mr. Okubanjo’s leadership has come under scrutiny.

    Payments Behemoth Visa Joins Moniepoint’s Cap Table

    Visa’s investment in Moniepoint follows a period of significant growth for the Nigerian fintech.

    LemFi, Led by OPay Alumni, Raises $53M in Series B to Tap into Booming Remittance Market

    LemFi has achieved significant milestones, including processing over $1 billion in monthly payment volume and recording $2 billion in annual transaction volume in 2023.

    With Billion-Dollar Wind in its Sails, Nigeria’s Moniepoint Charts UK Course

    Moniepoint has engaged CLA Evelyn Partners Limited, an FCA-regulated auditing firm, to ensure compliance with the UK’s stringent financial standards.
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    Nigeria’s Platos Health Raises $1.4M to Scale Preventive Health Platform Amid Rising Chronic Disease Burden

    Platos Health (formerly Zest), a Nigerian health-tech startup focused on preventive care, has secured $1.4 million in pre-seed funding to scale its AI-driven metabolic health platform...

    Africa’s Patent Office Wants to Fund Startups in Francophone Africa — Here’s the $69m Plan

    Most of the fund’s backers are non-African entities, including Denmark, France, Germany, and the U.S.

    Can Tunisia Become Africa’s GreenTech Hub? EU and Investors Think So

    “The future will be written by those who solve real problems."

    Meet the 7 African Healthtech Startups Picked for Bill Gates’ i3 Accelerator— Cohort Trimmed Amid U.S. Foreign Aid Freeze

    Each selected company will receive up to $225,000 in non-dilutive grant funding, as well as technical assistance and commercial support from a network of partners.

    Latest articles

    Nigeria’s Platos Health Raises $1.4M to Scale Preventive Health Platform Amid Rising Chronic Disease Burden

    Platos Health (formerly Zest), a Nigerian health-tech startup focused on preventive care, has secured $1.4 million in pre-seed funding to scale its AI-driven metabolic health platform...

    Africa’s Patent Office Wants to Fund Startups in Francophone Africa — Here’s the $69m Plan

    Most of the fund’s backers are non-African entities, including Denmark, France, Germany, and the U.S.

    Two-Year-Old Egyptian Fintech Bokra Flips the VC Script With $3M Investment in Pharmacy Tech iSupply

    The iSupply deal follows Bokra’s recent 3 billion Egyptian pound ($58.9 million) sukuk issuance, the first of its kind for the fintech.

    Backed by Senegal’s Sovereign Wealth Fund, Teranga Capital’s New Fund Looks Beyond Dakar

    The decision to widen its geographic reach comes amid growing appetite for risk capital in West Africa’s underserved frontier markets.