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    Morocco’s Ora Technologies Raises $7.5M Series A to Expand Superapp Ecosystem

    The round is the largest publicly disclosed tech Series A round in the country this year and signals growing local investor appetite for homegrown digital platforms.
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    Updates

    ‘Institutional Investors Are Driving This Rally’ — Luno Chief on Bitcoin’s All-Time High

    “These are not retail-led surges. We’re seeing sustained appetite from investment professionals.”
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    Industry

    Fee Wars Begin in Cameroon as Unicorn Disruptor Wave Enters and Telcos Fight to Hold Ground

    Cameroon now accounts for over 70% of mobile money transactions in Central Africa. According to BEAC, it processed more than €90bn in mobile money transactions in 2022 alone.
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    Updates

    MaxAB-Wasoko Winds Down E-commerce in Morocco as Fintech Becomes Core

    As more startups layer financial services onto distribution networks, the message is clear: surviving Africa’s B2B e-commerce crunch may hinge less on moving goods, and more on financing them.
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    Zipline Doubles Down on US Expansion With $1.5bn Raise Ring-Fenced for American Network

    Drone delivery group's valuation nearly triples to $21.5bn as Walmart commits to 300 new sites, but capital is explicitly earmarked for US build-out while African operations rely on separate government-backed financing.
    Updates

    Why This Ex-Lantmäteriet Developer Is Building a SaaS Layer for African Property

    James Muricho says he began building a land information system in 2004 and has funded it alone since. Twenty-two years later, the Kenyan entrepreneur, who lives in Gävle in Sweden, is turning it into a service for people who buy land in Kenya, where...

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    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.
    Industry

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

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    Updates

    Zipline Doubles Down on US Expansion With $1.5bn Raise Ring-Fenced for American Network

    Drone delivery group's valuation nearly triples to $21.5bn as Walmart commits to 300 new sites, but capital is explicitly earmarked for US build-out while African operations rely on separate government-backed financing.
    Updates

    Why This Ex-Lantmäteriet Developer Is Building a SaaS Layer for African Property

    James Muricho says he began building a land information system in 2004 and has...
    Updates

    Yellow Card Acquires Brazil’s GoMoney to Secure Direct LatAm Foothold

    The acquisition of GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. converts Yellow Card’s Brazilian presence from a purely cross-border proposition into a locally regulated operation.
    Ecosystem News

    Chinese Rules, OPay and a Halted New York Listing

    A Chinese regulatory inquiry halted the Nigerian fintech's $304m New York listing hours after pricing. The rules behind it, and the ownership structure it landed on, both emerge from the filings.

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