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    “Africa’s the Next Major Frontier”: US VC Firm MaC Invests Over $20M, Gears Up for More with $150M War Chest

    “We look for companies that can have a sustained competitive advantage given a specific geography.”

    From Debts to Trade Secrets Theft: Inside the Collapse of Kenyan BNPL Startup Lipa Later

    The appointment of an administrator marks a critical juncture for Lipa Later.

    Ex-Aerobotics Exec Raises Funding for South African AI Venture Nosible

    NOSIBLE’s core proposition rests on the idea that increased search capabilities directly translate to smarter AI agents, enabling deeper and faster insights.

    Northern Light: As US Priorities Evolve, Europe’s North Stakes Big on African Renewables

    The recent flurry of financial activity highlights this trend.
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    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.

    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

    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.

    African Startup Deal Tracker — Newest Deals

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

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.