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    IFC Raises New Funding to Back Women-Led Startups in Africa via SheWinsAfrica Initiative

    The SheWinsAfrica initiative welcomes applications from women-led startups across all sectors in Sub-Saharan Africa. To be eligible, startups must have at least one female founder.
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    Amazon Takes 3.95% Stake as Egyptian Fintech ValU Begins Trading on EGX

    The deal reflects Amazon’s execution of a right first agreed in May 2022, when the U.S. tech giant secured an option to buy $10 million worth of global depositary receipts convertible into equity in ValU — contingent on a qualified offering event, such as today’s listing.

    Kenyan Cookstove Startup Burn Manufacturing Gets $80M to Scale Across Zambia, DRC and Mozambique

    “This ‘first-of-its-kind’ investment will allow us to provide significant subsidies to customers in exchange for the future value of carbon credits."

    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

    Amazon Takes 3.95% Stake as Egyptian Fintech ValU Begins Trading on EGX

    The deal reflects Amazon’s execution of a right first agreed in May 2022, when the U.S. tech giant secured an option to buy $10 million worth of global depositary receipts convertible into equity in ValU — contingent on a qualified offering event, such as today’s listing.

    Kenyan Cookstove Startup Burn Manufacturing Gets $80M to Scale Across Zambia, DRC and Mozambique

    “This ‘first-of-its-kind’ investment will allow us to provide significant subsidies to customers in exchange for the future value of carbon credits."

    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.