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    Egypt’s Sylndr Secures $7.45 Million in Asset-Backed Financing to Disrupt Used Car Market

    This is a one-of-a-kind deal and opens a new pathway for other Egyptian startups seeking funding.
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    Analysis & Opinions

    Just Like in Fintech, New Secondary Funds Are Coming for Africa’s CleanTechs

    Moniepoint's early investors recently secured significant returns through secondary sales during the company's $110M Series C round. Now, investors in Africa's clean technology sector aim to replicate—and even surpass—this success.
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    Updates

    Senegal’s Solarbox Secures $1M Pre-Seed Funding to Drive Solar-Powered eMobility Solutions

    In under a year, Solarbox has partnered with prominent industry players across Senegal, including Orange Energies, FedEx, Paps Logistics, Plastic Odyssey, Swiss Fresh Water, Health in a Box, and Fleetch.
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    WESTERN AFRICA

    IFC Backs Nigeria’s Solar Growth with $80M Local Currency Financing for Sun King

    Nigeria's inflation rate surged to 33.88% in October, making foreign currency financing increasingly costly for businesses.
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    Egypt’s Flextock Bags $12.6m to Be the ‘Operating System’ for Middle East E-Commerce

    The “Shopify plus logistics” model is coming to the MENA region with more muscle.
    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.

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    Partner Content

    Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

    A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.
    Partner Content

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.

    Latest articles

    Updates

    Egypt’s Flextock Bags $12.6m to Be the ‘Operating System’ for Middle East E-Commerce

    The “Shopify plus logistics” model is coming to the MENA region with more muscle.
    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.
    Analysis & Opinions

    The Unwritten Rules of Running a Blended Finance Fund in Africa

    Nobody publishes them. Nobody formally acknowledges them. But spend enough time inside the data, and the operating logic of Africa’s blended finance ecosystem becomes difficult to ignore.
    Updates

    Cape Town’s Havaíc Hits $30m Milestone for Third Fund as Institutional Interest Hardens

    The latest capital injection comes from E Squared Investments

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