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    LakiPay Secures Ethiopia’s Fintech License as Market Opens to ‘Friendly’ Foreign Fintechs

    Already, Ethiopia’s move to welcome foreign players in finance is drawing significant attention from the fintech sector.

    Jumia Gambles on Africa’s Secondary Cities and Advertising Austerity as Losses Persist

    E-commerce group pins hopes on secondary cities and cost cuts, but currency headwinds and dwindling liquidity cast shadow.

    Dubai Unicorn Dubizzle Quickens IPO Drive with Egyptian Car Platform Acquisition

    Move for Hatla2ee signals ambition to dominate regional classifieds ahead of planned market listing.

    How Startup Sumet Technologies Became a Top FMCG Player in Tanzania in Just Two Years 

    This tech-first approach has yielded impressive results, with Sumet reporting 15x growth since the second quarter of 2023 and a tripling of its team to over 70 employees.
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    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.

    High Frequency, Low Churn: The Unexpected Power Users of Cross-Border Fintech

    For most financial technology companies, the race for growth hinges on capturing the youngest, most digitally-native users. But that could be misleading.

    Inside dLocal’s $23.7M AZA Finance Deal: $22.8M of Customers, IP and Goodwill

    The Nasdaq-listed payments group settled its restructured Africa transaction without paying cash.

    Post-Office Relief: US Kills BOI Rules in Stealth Win for Foreign Tech

    By dismantling beneficial ownership registers, Washington inadvertently protected foreign tech entrepreneurs from fines and privacy leaks.

    Latest articles

    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.

    High Frequency, Low Churn: The Unexpected Power Users of Cross-Border Fintech

    For most financial technology companies, the race for growth hinges on capturing the youngest, most digitally-native users. But that could be misleading.

    From Wages to Fraud to Deliveries: The Pattern Behind South Africa’s Recent Startup Funding

    A run of recent funding rounds shows local venture capital gravitating toward one type of company - regardless of sector.

    Why the Best Business Strategy Is Nothing Without a Clear Execution Strategy

    Even companies with excellent strategies will remain stuck until they execute the plans, but execution is no silver bullet.