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    IFC Backs First Circle Capital’s $25M Bet on the Overlooked Fintech Layers in Africa

    The IFC investment comes amid growing global interest in Africa’s fintech sector.
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    Updates

    Egypt’s Nawy Raises $75m to Expand Across MENA and Double Down on AI-Powered Real Estate Services 

    Egyptian proptech startup Nawy has secured $52m in Series A funding, marking one of the largest single rounds in the country’s real estate technology sector to date.
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    Ecosystem News

    West Africa’s Fintech Freeze: Central Bank Says ‘Applications Have Many Defects’ as Startups Face Collapse

    Users across the WAEMU zone reported frozen wallets, failed merchant transactions, and blocked salary payments.
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    Analysis & Opinions

    Half of Côte d’Ivoire’s Top Funded Startups in 2024 Share One Creator. What Venture Studios Reveal About Africa’s Tech Future

    Entities often don’t fit a single, rigid definition.
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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:
    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.

    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

    African Startup Deal Tracker — Newest Deals

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

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

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