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    With Over $160M Deployed Globally, develoPPP Ventures Opens Doors to Startups in Côte d’Ivoire

    develoPPP Ventures, which has already seen success in other major African markets — including Ghana, Nigeria, Kenya, Tanzania, Rwanda, and South Africa.

    Meet the 10 Startups Selected for $1.2M Latitude59 Pitch Contest

    “We’re seeing more founders not only building for East Africa but with ambitions for global expansion.”

    Meet the Six Startups Selected for Google’s 2024 Black Founders Accelerator Programme in Africa

    Google states that past beneficiaries from the Black Founders Accelerator and Black Founders Fund, spanning Africa, Europe, Brazil, and the United States, have collectively received over $30 million in funding to expand their businesses.

    Former Google Product Lead Joins Egypt’s Efreshli Amid New Investment Round

    Efreshli recently launched its first flagship showroom in Cairo, offering customers a tactile experience that complements the online platform.
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    Small Checks, Big Shift: What October’s Deal Flow Reveals About African Climate Tech

    With supply chains bottlenecked and venture equity thin, DFIs are stepping in with debt, working capital, and a new funding playbook.

    West Africa’s Unified Payments Network Is Off to a Rocky Start

    The BCEAO’s ambitious plan to mirror India’s UPI or Brazil’s Pix via its new PI-SPI platform has run headfirst into West Africa’s fragmented digital infrastructure on day one.

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Small Checks, Big Shift: What October’s Deal Flow Reveals About African Climate Tech

    With supply chains bottlenecked and venture equity thin, DFIs are stepping in with debt, working capital, and a new funding playbook.

    West Africa’s Unified Payments Network Is Off to a Rocky Start

    The BCEAO’s ambitious plan to mirror India’s UPI or Brazil’s Pix via its new PI-SPI platform has run headfirst into West Africa’s fragmented digital infrastructure on day one.

    South Africa and Egypt Contest Africa’s AI Funding Crown

    South Africa leads on disclosed dollars, but Egypt’s broader pipeline and state-backed strategy suggest the contest is closer than headline figures imply

    Seventy-Two Hours: OPay CTO Held Zero Shares on Eve of Aborted $4bn US Listing

    Power of attorney filings and blank Form 3s trace the high-stakes final days before payment giant pulled its IPO.