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    10,000 Interns and Counting: The Massive Tech Skills Offensive Led by Egypt’s ITIDA

    The payoff is starting to show. In the fiscal year 2022–2023, Egypt’s IT-enabled services sector grew by 54.2%, reaching $3.7 billion in exports.

    9 in 10 African Companies Lack AI Skills. SA’s WeThinkCode Just Got $2M From Google to Fix It

    WeThinkCode, founded in Johannesburg in 2015, runs tuition-free, aptitude-based coding programmes designed to make digital careers accessible to underrepresented communities.

    While Its Non-African Investments Return 1.3x, Silverbacks’ Nigeria Exits Deliver 10.7x — Inside the VC’s Latest Move

    These consistent, strong exits with attractive IRRs demonstrate that investing in Africa is not only viable but also a smart move for generating superior returns.

    Flutterwave-backer 4DX Ventures Drafts Heavyweights for Global Playbook & Beyond-Seed Strategy

    With the addition of Alemayehou and Sekyi-Otu, 4DX is expected to take a more expansive approach to deal sourcing and strategic advisory, particularly in sectors like the creative economy and later-stage growth capital .
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    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 $1.5m Inbox Trap: How a Former OPay Lawyer Could Watch OPay’s $4bn IPO From the Sidelines

    A Lagos labour court has dismissed a former employee's claim to shares he says were owed under a stock option scheme, in a ruling that lands weeks after OPay began preparing for a US listing.

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval

    From Tax Bots to Farm Finance, Hyper-Local AI Is South Africa’s New Battleground

    In an ecosystem often criticised for importing foreign business models, this wave of localised AI, built on proprietary, hard-to-replicate datasets, represents a native competitive advantage.

    Latest articles

    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 $1.5m Inbox Trap: How a Former OPay Lawyer Could Watch OPay’s $4bn IPO From the Sidelines

    A Lagos labour court has dismissed a former employee's claim to shares he says were owed under a stock option scheme, in a ruling that lands weeks after OPay began preparing for a US listing.

    Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round

    Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group.

    Meet the 15 Startups Renew Capital Is Backing to Build Africa’s Next Lenders

    The 15 companies, which hail from 10 countries including Ghana, Nigeria, Kenya, South Africa, Morocco and Senegal.