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    UK Backs New GSMA Innovation Fund for African AI Startups

    The fund will offer grants ranging from £100,000 to £250,000 for projects lasting 15–18 months.

    New $5bn Lifeline for African Renewable Energy Firms as Exchange Rates Bite

    In 2023, African cleantech firms borrowed heavily, then suddenly paused in 2024. …But a new lending honeycomb is being built once more.

    Binance Labs Rebrands as YZi Labs to Target Biotech and AI Investments

    The rebranding also coincides with Binance CEO Changpeng Zhao’s (CZ) departure from the company’s day-to-day operations, a move described by YZi Labs as a “natural progression.”

    i3 Opens Applications for 3rd Healthtech Accelerator Cohort in Africa

    Early-stage startups will receive a $50K grant and growth-stage startups will receive a $225K grant to unlock major partnerships that can expand patient access across the continent.
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    Keep exploring

    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.