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    Impact Investor Kholo Capital Secures $76m for Southern Africa

    Kholo Capital will target investments ranging from R70 million to R200 million ( $3.8 million to $10.9 million USD) in SMEs demonstrating a minimum EBITDA of R25 million ($1.4 million USD).

    SA-Founded RapidDeploy Acquired in Major Deal by Motorola Solutions

    The acquisition underscores the growing importance of NG911 systems, which are designed to replace traditional analogue infrastructure with digital, IP-based networks.

    Instabug Founder Steps Down as CEO, Two Years After $46m Funding Round

    Instabug, the Egyptian-founded mobile app observability platform, has announced a change in leadership as co-founder Omar Gabr steps down from his role as Chief Executive Officer after 13 years.

    Senegal Enlists Executives From Tech Startups InTouch, Wave, Others To Lead a Crucial $1.7B Tech Overhaul

    Perhaps the most intriguing, and arguably audacious, element of this “New Technology Deal” is the government’s decision to parachute in leaders from the sharp end of Senegal’s booming startup ecosystem.
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    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

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

    Zero Fees vs. High Inflation: Why Cisco Is Doubling Down on Affinity Africa’s ‘Freemium’ Math

    When Affinity received its Savings and Loans license in 2022, it was the first such permit granted in over a decade.

    Africa’s Growth Problem Isn’t Capital. It’s Leadership Without Collaboration

    Africa’s future won’t be determined by how much money arrives. Ray Langa, Group CEO of Leagas Delaney, writes from Cape Town

    Latest articles

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

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

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.