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    Telebirr’s Rivals Face a Steep Climb as Ethiopia Hikes Fintech Capital Rules

    Ethiopia’s mobile money market has boomed in the past three years, led by Telebirr — operated by the state-owned Ethio Telecom — which claims over 40 million users.

    US VC MaC Backs Nigerian Fintech Carrot Credit in $4.2M Round, Eyes Africa With New $150M Fund

    MaC Venture Capital has previously backed African startups including Big Cabal Media (media), Afya Rekod (healthtech), and IdentityPass (identity verification).

    UK Development Financier BII Backs Kenya’s ARC Ride with $5m to Expand Electric Motorcycle Network

    The UK has invested more than £600m in climate-related projects in Kenya over the past decade, ranging from off-grid solar to green manufacturing.

    South Africa’s MIC Turns to Black Women Founders in Inclusive VC Push

    MIC, together with Grindstone — a business accelerator co-owned by Knife Capital and Thinkroom — has designed the programme to accelerate high-growth, Black female-owned businesses with scalable models.
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    Debt Structures Drive $185m Rebound in African Tech Funding in March

    Capital raised in April recovers from March slump but remains 30 per cent below 2025 levels as founders turn to alternative financing.

    The Quiet Extinction of the African Seed Round: Ten Hard Truths From April’s Funding Data

    If you are a first-time founder with a prototype and a pitch deck, you are competing for a sliver of a sliver.

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

    A New Expansion Map: African Startups Redraw Routes Through Accra

    From Nigerian defence contractors to Kenyan logistics software, a new cohort of well-capitalised tech firms is bypassing traditional hubs to set up operational bases in Accra.

    Latest articles

    Debt Structures Drive $185m Rebound in African Tech Funding in March

    Capital raised in April recovers from March slump but remains 30 per cent below 2025 levels as founders turn to alternative financing.

    The Quiet Extinction of the African Seed Round: Ten Hard Truths From April’s Funding Data

    If you are a first-time founder with a prototype and a pitch deck, you are competing for a sliver of a sliver.

    South African Logistics Startup Shiprazor Secures $2.65m to Streamline E-Commerce Deliveries

    Founded in 2023 by CEO Sahil Affriya, Shiprazor operates as an infrastructure layer connecting online merchants with a disparate network of delivery providers.

    African Biotech Investor OneBio Secures $6m First Close in Test for Continent’s Deep Science Sector

    The fundraising effort marks a notable development in an African venture ecosystem that has historically directed the vast majority of its capital toward financial technology