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    WESTERN AFRICA

    Ecosystem News

    Payments Behemoth Visa Joins Moniepoint’s Cap Table

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

    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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    WESTERN AFRICA

    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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    WESTERN AFRICA

    Senegal’s Startup Push Faces Turmoil Amid Resignation of Startup Commission Chief

    The CEAC was created as a cornerstone of Senegal’s Startup Act, which was ratified in 2021 by President Macky Sall following its 2020 adoption by the National Assembly.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Policy & Regulations Forum

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain

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    Partner Content

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.
    Partner Content

    When a Multilateral Bank Goes Seed-Stage: Afreximbank’s Startup Gamble

    This accelerator is not a standalone experiment; it is the logical progression of a more aggressive investment strategy.

    Latest articles

    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Policy & Regulations Forum

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain
    Analysis & Opinions

    The Graduation Gap: Mapping Africa’s Current High-Liquidity Post-Seed Corridors

    Approximately 5% to 21% of African seed-stage startups successfully secure Series A funding, significantly lower than the global average of roughly 33%.
    Ecosystem News

    Zambian Neobank Lupiya Raises $11.2m Series A to Expand Across Southern Africa

    Founded in 2016, Lupiya operates as a digital-first financial services provider targeting Zambia’s unbanked and underbanked populations.

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