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    Inside Averroès Africa: Paris’s Strategic Play in the Continent’s Venture Capital Scene

    The Averroès Fund of Funds operates as an intermediary, strategically investing in various African-based funds rather than directly into individual companies.

    Bokra Gains Regulatory Nod in Egypt a Year After $4.6m Pre-seed Funding 

    Egyptian fintech startup Bokra has secured a crucial operating licence from the country’s Financial...

    Nigerian Fintech Sycamore Shifts Focus to Asset Management Amid Economic Headwinds

    The move comes as Nigeria grapples with a deepening economic crisis, prompting businesses to adapt to the challenging environment.

    Africa’s Top Remittance Markets Targeted by New Wave of Fintechs

    In 2023, remittances from Moroccans living abroad reached a record €10.71 billion, with France, Spain, Saudi Arabia, and Italy being key sending countries.
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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.