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    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.

    Egypt’s T-Vencubator Fund Seeks Innovative Startups to Invest In

    T-Vencubator aims to invest in 5 Egyptian startups by 2025, providing them with the investment capital and practical support needed to ensure their growth and success.

    VertoFX Processed $2.5B in Nigeria in 2023, Names First Country Manager to Lead Local Growth

    Utilizing a purpose-built tech infrastructure and payment rails, businesses can instantly send and receive money in over 170 countries and convert between 49 currencies. Today, VertoFX supports over 4,000 businesses, from startups and SMEs to large corporate companies.
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    71% of WAEMU Transaction Value Still Flows Through Cheques — Despite BCEAO’s New Instant Payment Rail

    BCEAO’s annual report reveals why getting 100m people to ditch paper is a multi-year slog.

    African Startup Deal Tracker — Newest Deals

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

    Donor-Backed AI Health Tools Proliferate Across Africa, but Sustainability Remains Elusive

    Gates-funded report finds 20 deployed solutions delivering tangible results, yet most rely on short-term grants and lack independently verified cost savings

    Rooibos Becomes South Africa’s Latest Export — to Space

    Rooibos seeds bound for the International Space Station in initiative linking space plant science with skills development.

    Latest articles

    71% of WAEMU Transaction Value Still Flows Through Cheques — Despite BCEAO’s New Instant Payment Rail

    BCEAO’s annual report reveals why getting 100m people to ditch paper is a multi-year slog.

    African Startup Deal Tracker — Newest Deals

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

    Africa’s First EV Battery Gigafactory Secures $114M in AfDB Funding

    The 10GWh Rabat facility—led by Chinese giant Gotion High-Tech—marks the first integrated LFP battery site in Africa and the Middle East.

    The Promise and Peril of Lending to Egypt’s Unbanked: Inside Valu’s Growth Dilemma

    Egypt's largest consumer finance platform has built a business on financial inclusion, but a mysterious data discrepancy in its annual report raises questions about the true cost of that mission.