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    Nigeria’s Struggling Quizac Finds a New Home in Tekedia Capital’s Embrace

    Tekedia Capital’s recent strategic acquisition of Quizac is the latest in a series of startup rescue operations in the tech sector in Nigeria.

    Ghana Approves Starlink: Satellite Internet Service Now Available by August End

    This development marks a significant turnaround from earlier this year when the NCA declared Starlink’s operations in Ghana illegal, citing the company’s lack of a license.

    Scaling Up: Andela Welcomes Ex-Uber Operations Head as New CEO

    As Andela enters its next chapter, the company is poised to capitalize on the growing demand for skilled digital talent worldwide.

    ASEP Program: 60 Algerian Startups Leave for Innovation Hubs in China and South Korea

    The two delegations of 30 startups each will embark on an intensive 15-day learning journey. During this trip, they will make 18 strategic stops at leading technology hubs.
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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.