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    Billionaire-Backed $1M Fintech Prize Awarded to Nigerian-Born UK Startup Verto

    Alongside the fintech award, the Milken Institute and Motsepe Foundation announced a new $2 million prize focused on AI and manufacturing in Africa.

    Egypt’s MNT-Halan Raises $50M in Record Bond Issuance as Fintechs Eye Debt Over Equity

    African credit-focused fintechs, whose business models require substantial capital for their lending portfolios, are finding public debt markets increasingly attractive.

    Can Timbuktoo Creative Hub Be the Y Combinator for Africa’s Creative Economy?

    The project is backed by UNDP, DEDAT, UVU Accelerate, the Craft and Design Institute, and Snake Nation.

    Can Tunisia Become Africa’s GreenTech Hub? EU and Investors Think So

    “The future will be written by those who solve real problems."
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    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."

    Latest articles

    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

    NALA Secures up to $50M Credit Facility From MUFG-Backed Liquidity to Pre-Fund Stablecoin Payment Corridors

    "At some point our business was more than doubling every other quarter, we grew faster than we could handle pre-funding for single-direction payments and everything broke."

    South African Fintech Flagship Yoco Buys Restaurant Software Platform Dyner.ai

    The South African payments group is bolting on an AI-native operating system for restaurants, while a new European CEO prepares to take the helm.