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    Mobility Startup Gozem Enters West Africa’s $1.54B Mobile Money Market with New Service in Togo

    Togo’s Mobile Money market is witnessing robust growth. In the first quarter of 2024, total transaction value reached 917 billion FCFA (approximately $1.54 billion), reflecting a 3% increase over the previous quarter.
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    Industry

    Egyptian Startup Ecosystem Enabler Acasia Group Acquired by US VC Firm

    Sultan Ventures, a Hawaii-based firm with over 15 years of experience in venture building and startup acceleration, is no stranger to high-stakes innovation.
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    Industry

    Nigeria’s Rise Acquires Kenyan Investment Platform Hisa

    This strategic expansion underscores Rise’s ambition to cement its presence in the East African market and leverage regional growth opportunities.
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    Industry

    R&D Maroc Opens Call for Applications to Support 60 Innovative Startups in Morocco 

    The program will offer funding through the “TECHSTART” product, a mechanism designed to help startups at a critical stage in their development.
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    Ex-SpaceX Exec Who Took Starlink Live in 20+ African Countries Moves to Defence Startup Terra

    At Starlink, he was associated with a market-entry strategy that often relied on direct engagement with heads of state to accelerate regulatory approvals.
    Industry

    Five35 Widens Female-Focused Bets as African Funding for Female Founders Dries Up

    Five35's portfolio sits largely outside fintech, the sector with the weakest gender balance among Africa's largest technology verticals.

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    Industry

    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.
    Industry

    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.

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    Updates

    Ex-SpaceX Exec Who Took Starlink Live in 20+ African Countries Moves to Defence Startup Terra

    At Starlink, he was associated with a market-entry strategy that often relied on direct engagement with heads of state to accelerate regulatory approvals.
    Industry

    Five35 Widens Female-Focused Bets as African Funding for Female Founders Dries Up

    Five35's portfolio sits largely outside fintech, the sector with the weakest gender balance among Africa's largest technology verticals.
    Updates

    HR Startup Jem Raises $8.4M Series A to Expand WhatsApp-Based Workforce Platform

    The investment reflects growing interest in African workforce technology aimed at deskless employees.
    Industry

    From Matchmaker to Fund Manager: Why Exits MENA Is Buying Its Way Into Direct Investment

    The Cairo-based advisory platform is taking control of a bank-backed private equity vehicle, a move that blurs the line between deal broker and principal investor.

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