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    Ex-Naspers Foundry Chief Joins Prosus Board Following $100M Fund Shutdown

    While Mahanyele-Dabengwa’s board appointment signifies a strong leadership strategy, Naspers is also recalibrating its investment approach.
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    Partner Content

    Zambian Digital Lender eShandi Eyes African Dominance with 1M Users and New Expansion

    The company reported a revenue surge from $100,000 in 2020 to $12.2 million in 2023.
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    Partner Content

    Kenyan Agri-Fintech VunaPay Tops Latitude59 Pitch, Sets Sights on Europe

    Estonia, home to the highest concentration of unicorns per capita in Europe, continues to play a pivotal role in global tech, with companies like Bolt and Admiral Markets active in Africa.
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    Partner Content

    Ventures Platform Investor Proparco Appoints Nigerian Head to Oversee East Africa

    In 2022, the agency invested $5 million in Ventures Platform, a Nigeria-based early-stage fund.
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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.
    Analysis & Opinions

    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.

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    Hard Talks

    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."
    Partner Content

    Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle

    This reversal of fortune is stark.

    Latest articles

    Updates

    Nearly 80% of African Startup Funding in May Was Debt

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

    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.
    Updates

    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."
    Partner Content

    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.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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