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Health-tech Firm Ilara Health Secures US Funding to Upgrade Kenyan Clinics

The latest funding to Ilara Health is part of a larger portfolio of 22 transactions approved by DFC in the first quarter of FY2025, amounting to nearly $3 billion.

January 16, 2025

Updates

Moroccan Car Wash Startup Washminute Bags Funding to Tackle Water Scarcity

The investment marks Witamax’s first foray into the clean technology sector.

January 16, 2025

Updates

Nature-Focused Travel Platform Conservio Secures $1M to Expand in Southern Africa

The round was led by E4E Africa, with participation from Volve Capital, Living Hope Ventures, and seasoned tech entrepreneur Jonathan Smith

January 16, 2025

Venture Capital & Funding Sources

The Top Small-Ticket VCs Backing Early-stage Tech Startups in Africa

Investments in African tech startups go beyond supporting unicorns. There are hard-tilling VCs operating at the roots.

January 16, 2025

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Nigeria’s Digital Natives Are in Financial Distress. Tech Firms Should Be Worried.

For the better part of a decade, Nigeria’s consumer technology sector has operated on a reassuringly straightforward demographic premise.

March 26, 2026

Ecosystem News

FirstRand Doubles Down on AI Lender Optasia as SA Banks Hunt for Fintech Exits

This acquisition builds upon FirstRand’s initial strategic investment in October 2025, when the bank took a 20.1% stake in the fintech.

March 26, 2026

Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

March 23, 2026

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