More
    HomeUpdates

    Updates

    Tanzanian FMCG Distributor Sumet Technologies Raises $1.5m to Fuel Expansion

    Founded in 2022, Sumet leverages a technology-driven platform to connect FMCG brands with a network of over 6,500 active retailers spanning all 26 provinces of mainland Tanzania.

    Over 30,000 Petitioners Demand Justice for Nigerian Tech Founder Killed in Crash

    The brutal death of Adetunji Opayele, 32, a Nigerian co-founder and Chief Technical Officer of the thriving startup Bumpa, has ignited a national conversation about justice, accountability, and the value of human life.

    African Startup Deal Tracker — Newest Deals

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

    From Free to Fees: Egyptians Outraged as ‘Non-Profit’ Central Bank Turns Popular InstaPay Into a Profit Machine

    InstaPay, launched in April 2022 by the Egyptian Banks Company (EBC), the technological arm of the Central Bank of Egypt (CBE), quickly gained traction, amassing a user base of 12 million by the end of 2024.
    spot_img

    Keep exploring

    African Startup Deal Tracker — Newest Deals

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

    Over $500M Lost in Two Years: Eight Graphs That Map the Blind Spots Behind Recent African Startup Collapses

    The period between early 2024 and mid-2026 has been the most unforgiving in the short history of African venture-backed entrepreneurship.

    1M Users in 8 Years, 9M in 6: The Smartphone Pivot Driving M-KOPA’s Hypergrowth

    The group now signs up about 10,000 new customers daily.

    Donor-Backed AI Health Tools Proliferate Across Africa, but Sustainability Remains Elusive

    Gates-funded report finds 20 deployed solutions delivering tangible results, yet most rely on short-term grants and lack independently verified cost savings

    Latest articles

    African Startup Deal Tracker — Newest Deals

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

    Over $500M Lost in Two Years: Eight Graphs That Map the Blind Spots Behind Recent African Startup Collapses

    The period between early 2024 and mid-2026 has been the most unforgiving in the short history of African venture-backed entrepreneurship.

    From an Angry Post to a $50m Ribbon-Cutting: The Land Battle Behind an Egyptian Deeptech Scaleup’s $50m Factory

    Sixteen months later, on a hot July day in 2026, Egypt's finance minister, Ahmed Kouchouk, returned to a company whose public frustration had once laid bare the country's industrial bureaucracy.

    Why Kenya’s Crypto Clampdown Is a Fortress for Banks

    The new virtual asset rules demand high capital, local custody, and bank-held reserves - creating a moat that traditional lenders are perfectly positioned to fill.