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    Egypt’s Widebot Gains Momentum with Saudi-Backed $3M Funding Round

    The investment in Widebot reflects a broader trend in Saudi Arabia, as the Kingdom actively seeks to diversify its economy away from hydrocarbons under its Vision 2030 plan.
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    Updates

    Finnfund Returns with $2M Follow-on Funding for SA Fibre Firm Fibertime

    Fibertime, through its subsidiaries fibertime™ and VulaCoin, offers a solution that tackles both affordability and accessibility.
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    Updates

    Investor Confidence Blooms as Khula Secures $6.7mn Series A for African Farm Platform

    E Squared Investments, an existing investor, has taken the lead in this round, marking its transition to Khula’s first institutional backer.
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    Partner Content

    Diversification Pays Off: Egyptian Fintech Fawry Sees Profit Surge by 124%, Driven by New Ventures

    Revenues for the year jumped 68.4% year-on-year to $108.8 million (EGP 5.5bn), but it is the surge in profitability that has truly caught the eye.
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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.

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