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    WESTERN AFRICA

    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.

    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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    Revisiting the 2025 Predictions for African Tech

    Capital can return quickly. Credibility and time are far harder to earn.

    Backed by New $23.1m, Egypt’s Valu Takes Its Distribution Playbook to EV Charging

    Still, EV penetration in Egypt remains limited.

    From Idea to Investable: The ‘Product-First’ Playbook Behind Africa’s ‘Toughest’ Fund

    With an acceptance rate of just 0.1%, the fund is deliberately designed to filter aggressively for ideas that can survive real-world scrutiny before capital ever becomes the differentiator.

    The Human Cost of Peak Season: Why Retail’s Busiest Period Demands a People-First Strategy

    Ashwin Rajah, Founder of the Stress to Success System and Mindset Matters, and a Partner at Change Partners, writes from Midrand, South Africa.

    Latest articles

    Revisiting the 2025 Predictions for African Tech

    Capital can return quickly. Credibility and time are far harder to earn.

    Backed by New $23.1m, Egypt’s Valu Takes Its Distribution Playbook to EV Charging

    Still, EV penetration in Egypt remains limited.

    IFC Mulls $13M Equity Stake in Egyptian Grocery Leader Breadfast

    According to data from VNV Global, a key Swedish investor in the startup, Breadfast’s fair value rose by 31% in the first nine months of 2025.

    Morocco Brings In 500 Global and Renew Capital for New $70m Venture-Building Push

    The inclusion of Renew Capital and 500 Global suggests a tactical effort to fix one of the Moroccan market’s historical weak points: insularity.