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    Nigerian Investor Aruwa Capital Raises $35m, Nears Fund II Target

    Aruwa’s gender-lens approach has been a distinguishing factor — 73% of its Fund I portfolio companies are founded or led by women.

    The Solar Power Firm Behind Mali’s Digital Expansion — Now With $40M in Fresh Funding

    The company is banking on its experience in unstable markets to deliver returns to its investors.

    A $4.5tn Shake-Up: What the IFC’s Multi-Year ESG Overhaul Means for Climate Founders in Africa

    The timing of IFC’s reform push is hardly ideal. ESG investing, once the darling of asset managers and development financiers, is facing a growing global backlash .
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    Middle East Conflict Forces Egypt’s Financial Sector into Remote Work as Petroleum Bill Hits $2.5bn

    Here is a breakdown of the policy, the economic conditions driving it, and how it will affect businesses on the ground.

    Novastar Closes $147m Africa Climate Fund as Japanese Corporates Pile Into VC

    The composition of Novastar's Limited Partners (LPs) for NVIII highlights an evolving trend in African VC.

    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.

    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

    Latest articles

    Middle East Conflict Forces Egypt’s Financial Sector into Remote Work as Petroleum Bill Hits $2.5bn

    Here is a breakdown of the policy, the economic conditions driving it, and how it will affect businesses on the ground.

    Novastar Closes $147m Africa Climate Fund as Japanese Corporates Pile Into VC

    The composition of Novastar's Limited Partners (LPs) for NVIII highlights an evolving trend in African VC.

    Egypt Salvages Startup Accelerator After USAID Collapse

    ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million in investment

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.