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    US VC MaC Backs Nigerian Fintech Carrot Credit in $4.2M Round, Eyes Africa With New $150M Fund

    MaC Venture Capital has previously backed African startups including Big Cabal Media (media), Afya Rekod (healthtech), and IdentityPass (identity verification).
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    Updates

    UK Development Financier BII Backs Kenya’s ARC Ride with $5m to Expand Electric Motorcycle Network

    The UK has invested more than £600m in climate-related projects in Kenya over the past decade, ranging from off-grid solar to green manufacturing.
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    Updates

    South Africa’s MIC Turns to Black Women Founders in Inclusive VC Push

    MIC, together with Grindstone — a business accelerator co-owned by Knife Capital and Thinkroom — has designed the programme to accelerate high-growth, Black female-owned businesses with scalable models.
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    Industry

    Cheap at What Cost? Inside Temu’s Existential Fight Against Fake Goods

    Since its 2022 launch, the company — owned by Chinese conglomerate PDD Holdings — has rapidly expanded into 90+ markets, luring shoppers with $5 wireless earbuds, $10 sneakers, and $3 T-shirts.
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    CIB’s Yomo Joins Egypt’s Growing Club of Incumbent-Backed Digital Banks

    Commercial International Bank (CIB), Egypt's largest listed bank, has received preliminary approval from the Central Bank of Egypt (CBE) to launch yomo, a standalone digital bank.
    Ecosystem News

    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.

    Sponsored Posts

    Industry

    Inside dLocal’s $23.7M AZA Finance Deal: $22.8M of Customers, IP and Goodwill

    The Nasdaq-listed payments group settled its restructured Africa transaction without paying cash.
    Industry

    Post-Office Relief: US Kills BOI Rules in Stealth Win for Foreign Tech

    By dismantling beneficial ownership registers, Washington inadvertently protected foreign tech entrepreneurs from fines and privacy leaks.

    Latest articles

    Updates

    CIB’s Yomo Joins Egypt’s Growing Club of Incumbent-Backed Digital Banks

    Commercial International Bank (CIB), Egypt's largest listed bank, has received preliminary approval from the Central Bank of Egypt (CBE) to launch yomo, a standalone digital bank.
    Ecosystem News

    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.
    Updates

    High Frequency, Low Churn: The Unexpected Power Users of Cross-Border Fintech

    For most financial technology companies, the race for growth hinges on capturing the youngest, most digitally-native users. But that could be misleading.
    Analysis & Opinions

    From Wages to Fraud to Deliveries: The Pattern Behind South Africa’s Recent Startup Funding

    A run of recent funding rounds shows local venture capital gravitating toward one type of company - regardless of sector.

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

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