More
    HomeUpdates

    Updates

    US Senate Waters Down 5% Remittance Tax in Big Win for African Fintechs

    For these companies — names like Chipper Cash, LemFi, Flutterwave, and TapTap Send — a 5% tax on remittances out of the U.S. would have fundamentally altered their business models.

    E3 Capital, Norfund Dominate Investor Activity as African Startups Raise Over $800M in Q2

    But beyond the funding volume, a deeper pattern is emerging.

    Can Jumia’s Cairo Mega Warehouse Turn the Tide for Africa’s Leading Online Retailer?

    Egypt is one of Jumia’s core markets and home to a major tech hub where engineers develop logistics solutions for its pan-African operations.

    Kenya’s d.light Secures $10m to Scale Solar Lending Across Africa

    In a significant milestone for Africa’s clean energy and financial inclusion sectors, solar energy firm d.light has secured an additional $300 million in receivables financing,
    spot_img

    Keep exploring

    Satellites, Biotech, and HR: Stocks & Strauss Locks in $24m to Take Campus Tech Global

    Its mandate is to back start-ups and spin-outs built around technologies, patents and talent emerging from South African tertiary institutions and their alumni networks.

    Beyond the Remittance Hype: The 3 Business Models Winning VC Cash in Africa’s Stablecoin Boom

    A wave of offshore venture and private credit capital is flooding into African stablecoins—but a close look at recent deals reveals a split market.

    Proparco Anchors Rare Moroccan LP Position in EmTech’s New $60M Early-Stage Fund

    The fund plans to invest in around 20 startups, writing cheques of between $500,000 and $3m in pre-Series A and Series A rounds.

    Latest articles

    Satellites, Biotech, and HR: Stocks & Strauss Locks in $24m to Take Campus Tech Global

    Its mandate is to back start-ups and spin-outs built around technologies, patents and talent emerging from South African tertiary institutions and their alumni networks.

    Beyond the Remittance Hype: The 3 Business Models Winning VC Cash in Africa’s Stablecoin Boom

    A wave of offshore venture and private credit capital is flooding into African stablecoins—but a close look at recent deals reveals a split market.

    Free Licences, Open Batteries and a 6-Month Time Bomb — Rwanda Plays Chicken With EV Founders

    Kigali's ambitious regulation offers zero-cost market entry but demands near-perfect operational performance - and a promise to tear down proprietary battery walls.

    No Bank Account Needed: Inside Budge AI’s Plan to Fix Personal Finance in Markets Open Banking Left Behind

    As open banking APIs remain patchy across much of Africa, two software engineers are betting that the key to mass-market expense tracking is already buzzing in users' pockets.