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    Kenya’s Chpter Raises $1.2 Million to Expand E-commerce Platform

    Although Chpter operates independently of Marketforce, some of its investors have previously participated in the latter’s funding rounds.

    $455M Disgorgement: US Court Slams Nigerian Fintech Founder in Securities Fraud Ruling

    The defendants failed to respond to the complaint, leading to the Clerk of Court entering a default judgment on June 18, 2024.

    Gabon Denies Authorizing $5B Fundraising by Cameroonian Fintech Yunus SA

    The 3,280 billion CFA francs claimed by Yunus SA represents nearly 79% of Gabon’s state budget for 2024, which is set at 4,162 billion CFA francs.

    DOB Equity Appoints Local Talent to Replace Resigned CEOs After Failed Investments

    The challenges Karen inherits are substantial. The resignation of her predecessors and the recent financial struggles within DOB Equity’s portfolio have prompted questions about the firm’s future direction.
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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 week.

    The €20 Billion Leaky Bucket: Why Africa’s Climate Tech Isn’t Getting Funded

    A Nigerian minigrid operator pays $250,000 more annually in interest than a structurally identical project in India.

    From 15k to 700k: Cameroon’s FindMe Rides New Bank Deal to Scale Digital Addressing

    Despite the proliferation of fintech, e-commerce, and logistics platforms across Africa, a lack of formal addresses remains a blind spot in infrastructure.

    Investor Bias for Bigger Markets Is Forcing African Startups to Relocate — IFC

    Why startups are leaving home to chase capital — and what it means for emerging market innovation.

    Latest articles

    African Startup Deal Tracker — Newest Deals

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

    The €20 Billion Leaky Bucket: Why Africa’s Climate Tech Isn’t Getting Funded

    A Nigerian minigrid operator pays $250,000 more annually in interest than a structurally identical project in India.

    Prolific African Startup Backer Returns with New Fund for Climate Resilience Tech

    The fund will also support ecosystem development, from policy engagement and evidence generation to cross-sector convening, in order to accelerate market adoption.