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    WESTERN AFRICA

    Embattled Nigerian Fintech Founder Launches New AI Project Amid US SEC Ordeal

    From Wall Street to AI: Amid legal battles and the collapse of his fintech empire, a Nigerian fintech founder has launched a substantial AI project, marking a dramatic new twist to...

    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.
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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.

    Cairo to Riyadh: The New Gold Rush for Egyptian Edtech

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

    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.

    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.

    Latest articles

    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.

    Cairo to Riyadh: The New Gold Rush for Egyptian Edtech

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

    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.

    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.