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    Lagos Venture Builder Acquires Fintech Bankly Amid Reports of Trapped Customer Funds

    Reports from the preceding year suggested Bankly was seeking to raise USD 4 million in a mix of equity and debt, though the outcome of this fundraising effort remains uncertain.

    U.S. Africa Retreat Casts Shadows on Continent’s Biggest Investment Gathering

    “The only way to be certain about the future is by creating it.”

    New Payment Rails for Africa? Circle’s $100bn Stablecoin Network Attracts Continent’s Top Fintech Players

    Africa remains one of the most expensive regions in the world to send and receive money, with remittance fees averaging nearly 8%.
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    Tanzania’s Funguo Deepens Investment to $2.65M to Back Local Startups

    For founders like Geophrey Tenganamba, co-founder and CEO of agritech startup MazaoHub, this type of support is crucial for survival.

    African Startup Deal Tracker — Newest Deals

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

    With Gov’t Backing, Japan’s Musashi Charges East Africa’s E-Moto Boom

    Musashi, a global manufacturer with 36 sites worldwide, is known for differential assemblies and transmission gears for traditional and electric vehicles.

    The $100k Oversight: How Bad Offboarding Is Costing Startups a Fortune

    When an employee leaves an organisation, most leaders focus on succession, handovers, and HR paperwork. But behind the scenes, many holes may have been created.

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    Tanzania’s Funguo Deepens Investment to $2.65M to Back Local Startups

    For founders like Geophrey Tenganamba, co-founder and CEO of agritech startup MazaoHub, this type of support is crucial for survival.

    African Startup Deal Tracker — Newest Deals

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

    The Three Trends Defining Fintech Investment in Francophone Africa This Year

    The era of funding simple consumer solutions appears to be making way for a far more rigorous investment thesis.

    DigsConnect Founder Alexandria Procter Launches $1.4M Vehicle to Back African Startups

    Procter founded DigsConnect four years ago while she was an undergraduate student at the University of Cape Town..