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    Baobab Network Opens Applications for Next Cohort, Seeking Africa’s Rising Tech Stars

    The program offers selected startups a substantial boost with a $100,000 equity investment, alongside comprehensive mentorship and a platform to scale their ventures.

    The Kenyan Wall Street’s Wainaina Joins Conduit for $6.5M-Backed Africa Expansion

    Wainaina brings a wealth of experience to Conduit, having previously served as a director at The Kenyan Wall Street.

    Nigerian Fintech Grey Finance Surpasses 1 Million Users, Fueled by $2 Million Seed Funding

    This impressive growth comes just seven months after reaching 500,000 users in November 2023.

    Former Flutterwave Exec’s Startup, Sendsprint, Expands US Reach with Nobel Financial Buy

    According to the World Bank, remittances to the region surpassed $54 billion in 2023 and are expected to continue rising in the coming years.
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    African Startup Deal Tracker — Newest Deals

    Here's a closer look at the notable under-the-radar investment activity we're tracking this month.

    Equity Dispute Puts OPay’s Employee Share Scheme Under Scrutiny Ahead of Potential IPO

    A Lagos labour court has dismissed a former employee's claim to shares he says were owed under a stock option scheme, in a ruling that lands weeks after OPay began preparing for a US listing.

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval

    From Tax Bots to Farm Finance, Hyper-Local AI Is South Africa’s New Battleground

    In an ecosystem often criticised for importing foreign business models, this wave of localised AI, built on proprietary, hard-to-replicate datasets, represents a native competitive advantage.

    Latest articles

    African Startup Deal Tracker — Newest Deals

    Here's a closer look at the notable under-the-radar investment activity we're tracking this month.

    Equity Dispute Puts OPay’s Employee Share Scheme Under Scrutiny Ahead of Potential IPO

    A Lagos labour court has dismissed a former employee's claim to shares he says were owed under a stock option scheme, in a ruling that lands weeks after OPay began preparing for a US listing.

    Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round

    Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group.

    Meet the 15 Startups Renew Capital Is Backing to Build Africa’s Next Lenders

    The 15 companies, which hail from 10 countries including Ghana, Nigeria, Kenya, South Africa, Morocco and Senegal.