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    Meet the 10 Startups Selected for $1.2M Latitude59 Pitch Contest

    “We’re seeing more founders not only building for East Africa but with ambitions for global expansion.”

    Meet the Six Startups Selected for Google’s 2024 Black Founders Accelerator Programme in Africa

    Google states that past beneficiaries from the Black Founders Accelerator and Black Founders Fund, spanning Africa, Europe, Brazil, and the United States, have collectively received over $30 million in funding to expand their businesses.

    Former Google Product Lead Joins Egypt’s Efreshli Amid New Investment Round

    Efreshli recently launched its first flagship showroom in Cairo, offering customers a tactile experience that complements the online platform.

    develoPPP Ventures Pours New Funding into Five Ghanaian Startups, Eyes Côte d’Ivoire Expansion

    This marks the fourth develoPPP Ventures cohort in Ghana, reflecting BMZ’s ongoing commitment to fostering local innovation and sustainable economic growth in emerging markets.
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    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.

    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model 

    Latest articles

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.

    Algerian Super-App Yassir Buys Uno Hypermarkets to Fill the Jumia-Shaped Hole

    The rumoured unicorn is capitalising on Jumia's recent market exit by merging its digital ecosystem with a brick-and-mortar footprint.

    After 14 Years of Bootstrapping, Cybervergent Raises $3M Seed to Scale AI Compliance Platform

    The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.