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    Nigeria’s VFD Group Shifts Focus to Fintech with $3.3M Investment in V Bank

    In an official filing with the Nigerian Exchange, VFD Group confirmed that its board had sanctioned the $3.3 million capital injection into V Bank.
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    Partner Content

    LakiPay Secures Ethiopia’s Fintech License as Market Opens to ‘Friendly’ Foreign Fintechs

    Already, Ethiopia’s move to welcome foreign players in finance is drawing significant attention from the fintech sector.
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    Policy & Regulations Forum

    Wall Street Dreams for African Tech Startups: A $250m Reality Check for IPO Hopefuls

    It is likely that more African startups will rethink their IPO strategies.
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    Updates

    Africa’s Next VC Stars? Dream VC Is Now Recruiting for Its 2025 Cohort

    This year’s iteration of the programmes will feature expanded curricula, with the IA programme extended to 22 weeks from 20.
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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.
    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.

    Sponsored Posts

    Partner Content

    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.
    Partner Content

    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

    Updates

    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.
    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.
    Corporate Governance Forum

    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.
    Ecosystem News

    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.

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

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