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    Egyptian Payments Startup enza Secures $6.75m Funding to Fuel African Expansion

    Founded by a team of seasoned professionals with extensive experience in both global and African payments sectors, enza has already demonstrated its ability to address local market complexities.
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    Cash Plus Backer Mediterrania Capital Snags $16.3M from DEG

    Geographically, the fund intends to allocate 75% of its resources to North Africa and the remaining 25% to Sub-Saharan Africa.
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    Swedfund Backs AfricInvest Small Cap Fund with $16.3M Investment 

    Africinvest Small Cap Fund has set an ambitious target of investing at least 30 percent of its portfolio in companies that are either led by women or have significant female ownership.
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    I&P Accélération FARM Launches $4.3M Fund to Target West and East African Agritech

    I&P Accélération FARM is not an isolated effort.
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    African Startup Deal Tracker — Newest Deals

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

    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.

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    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.
    Partner Content

    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

    Updates

    African Startup Deal Tracker — Newest Deals

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

    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.
    Partner Content

    SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core

    This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.
    Updates

    Nigeria’s Digital Natives Are in Financial Distress. Tech Firms Should Be Worried.

    For the better part of a decade, Nigeria’s consumer technology sector has operated on a reassuringly straightforward demographic premise.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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