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    WESTERN AFRICA

    Ecosystem News

    Togo’s Gozem Raises $30M to Fuel Vehicle Financing Across Francophone Africa

    For Morocco’s Al Mada Ventures, investing in a high-growth super-app in Francophone Africa fits its broader financial services strategy.
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    Ecosystem News

    Nigerian Fintech Giant Flutterwave Eyes Lagos IPO as Wall Street  Debut Remains Uncertain

    Experts, however, question if Flutterwave listing on the Nigerian Exchange (NGX) will maximize investor returns.
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    Ecosystem News

    Ivorian Fintech Startup Djamo Lands Funding from State-Owned Investment Fund Post-Series B

    Djamo raised $13m in Series B round from investors last year.
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    WESTERN AFRICA

    Jail and $8M Fine: Senegal’s Appeal Court Seals Wari Founder’s Fate — A Pioneer Before Fintech Unicorn Wave

    The court has upheld conviction for illegal co-founder share dilution fraud, a dramatic downfall for the innovator who laid the groundwork for fintech success stories like Wave.
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    Tunisian State Fund Invests $4M in Its Ex-Investment Officer’s New VC

    The fund is targeting a final close of $100m, having secured a first close of $30m from the QIA.
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    Cairo to Riyadh: The New Gold Rush for Egyptian Edtech

    The attraction for these startups goes far beyond simple market size.

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    Facing a Telco Onslaught, Djamo’s Answer Is Now a Banking License and a New Model

    This onslaught of well-capitalized competitors has forced Djamo to find new territory.
    Partner Content

    Thunder Code’s Rebrand Reveals the Hidden Cost of Over-Technical Startup Names

    The change comes just three months after the company announced a $9m seed round.

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    Updates

    Tunisian State Fund Invests $4M in Its Ex-Investment Officer’s New VC

    The fund is targeting a final close of $100m, having secured a first close of $30m from the QIA.
    Partner Content

    Cairo to Riyadh: The New Gold Rush for Egyptian Edtech

    The attraction for these startups goes far beyond simple market size.
    Ecosystem News

    Circle Backs $20m African Blockchain Fund as Stablecoin ‘Utility Wave’ Grows

    Capital is flowing to African blockchain companies solving long-standing problems of currency volatility, cross-border payment friction, and financial exclusion.
    Updates

    AfricInvest Leads $22M Round for Kredete, a Fintech Tackling the Immigrant Credit Gap

    Investors are flocking to Africa's stablecoin infrastructure, with Kredete's deal marking the latest in this wave.

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