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    Mobility Startup Zeelo Exits South Africa, Hands Reins to Ride-Sharing Rival LULA

    Zeelo, a US-based company that launched its South African operations in 2019, has decided to exit the market to focus on its core markets in the US, UK, and Ireland.

    Egyptian Fintech ValU Banks $8.3M From Card Issuance in Just 3 Months

    ValU CEO Walid Hassouna reported that 55,000 cards have been activated, processing 250,000 transactions worth approximately 400 million Egyptian pounds ($8.3 million USD)

    Payment License: Algerian Super-App Yassir Charges into Moroccan Fintech Arena

    Yassir’s expansion in Morocco is part of a broader continental growth strategy, supported by a successful Series B funding round that raised $150 million in 2022

    Nigerian Stocks Go Mobile: NGX Invest Opens Stock Market to Everyone

    The platform’s launch is timely, coinciding with the Central Bank of Nigeria’s (CBN) recapitalization directive, which has spurred numerous offers for subscription and rights announcements by Nigerian banks.
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    Meet the South African ‘Sharks’ Hunting AI Deals with a New $200M Fund

    “We don’t just deploy capital; we create exceptional returns by working to grow the businesses we invest in.”

    The 2025 Angel Map: Who’s Investing Where, from M Empire in Cairo to MAX Founders in Lagos

    A 2025 analysis reveals over $50M in angel-backed deals as organized networks professionalize to fill the pre-seed void, but a total lack of exits poses a long-term threat.

    TymeBank Names CCO Cheslyn Jacobs as New CEO Ahead of IPO Push

    Karl Westvig, who oversaw the fintech’s unicorn valuation, will move to an advisory role as the 11m-customer bank preps for a 2028 NYSE listing.

    Proptech-as-a-Bank: Inside Nawy’s Oversubscribed Mortgage Fund Sold Out in Ten Days

    “This fund proves that when innovation meets experience and a bold regulator, new opportunities emerge.”

    Latest articles

    Meet the South African ‘Sharks’ Hunting AI Deals with a New $200M Fund

    “We don’t just deploy capital; we create exceptional returns by working to grow the businesses we invest in.”

    The 2025 Angel Map: Who’s Investing Where, from M Empire in Cairo to MAX Founders in Lagos

    A 2025 analysis reveals over $50M in angel-backed deals as organized networks professionalize to fill the pre-seed void, but a total lack of exits poses a long-term threat.

    From Media Giant to Family Business: Meet the First Firms Tapping Nigeria’s Landmark $200M Cleantech Fund — Updated

    A mix of established mini-grid operators, a family-run business, and a media giant's new energy venture are among the first to receive funding to build hundreds of solar mini-grids across Nigeria.

    African Startup Deal Tracker — Newest Deals

    While the spotlight often shines on headline-grabbing mega-rounds, the bedrock of Africa’s rapidly growing...