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    Out of Style: Why North Africa’s Venture-Backed Fashion Startups Are Disappearing

    After a multimillion-dollar funding boom, North Africa’s once-hyped fashion startups are quietly going bust. What went wrong?

    Moroccan Startups Are Quietly Dismantling Monopolies

    It’s not every day a startup drags a public institution into the 21st century — and walks away with the keys to a fairer market.

    African Startup Deal Tracker — Newest Deals

    Here’s a look at the notable under-the-radar investment activity we’re tracking this week

    Kenya’s BuuPass Lands Investment from Yango’s New $20M Corporate VC Fund

    The fund will target startups from seed through Series B rounds, focusing on online-to-offline (O2O) platforms, B2B SaaS solutions, and fintech ventures.
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    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.

    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.

    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.

    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.

    Latest articles

    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.

    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.

    From Disruptors to Form-Fillers: Egypt’s Fintechs Face a New Agent Banking Reality

    Egypt's central bank has written a rulebook for banking agents. It lets banks send identity verification, account applications and card deliveries to places they have no branches. On a close reading, it allows little else.

    Your Biggest Customer Is Also Your Biggest Risk

    Hayden Lamberti, a business coach at Grow, writes from Johannesburg, South Africa