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    WESTERN AFRICA

    Y Combinator-backed Nigerian Cleantech Startup Oolu Acquired in Landmark Deal

    In a strategic move aimed at bolstering renewable energy access across West Africa, Ignite...

    TLG Capital Pours $3 Million into Nigeria’s BFREE to Reshape Ethical Debt Collection Practices in Africa

    TLG Capital, a leader in alternative asset management, and BFREE, specializing in ethical credit...

    Orange, the EU, and GIZ Launch $8M Funding Initiative to Back Agritech Startups in Côte d’Ivoire

    In Côte d’Ivoire, a newly launched fund of €7.6 million (USD$8 million) is set...

    Nigeria’s OmniRetail Secures Investment to Digitize Informal Supply Chain Across Africa

    Goodwell Investments, an impact investor, alongside Alitheia Capital, has recently injected funds into OmniRetail,...
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    ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca

    The startup’s latest raise marks a landmark achievement as one of the largest seed rounds ever secured by an all-female founding team in Africa.

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.

    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model 

    Latest articles

    ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca

    The startup’s latest raise marks a landmark achievement as one of the largest seed rounds ever secured by an all-female founding team in Africa.

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.

    Algerian Super-App Yassir Buys Uno Hypermarkets to Fill the Jumia-Shaped Hole

    The rumoured unicorn is capitalising on Jumia's recent market exit by merging its digital ecosystem with a brick-and-mortar footprint.