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AfDB Seeks to Back Africa-Focused VCs Through New $420M Funding Deal

AfDB is the largest fund-of-funds investor in Africa, with $1.36 billion committed to 74 private equity and venture capital funds.

December 12, 2024

Ecosystem News

Prolific African Investor BCV Winds Down Activity from Current Fund

BCV II was one of the few venture capital funds primarily focused on East Africa.

December 12, 2024

Partner Content

Egypt Integrates Apple Pay and Card Encoding for a Digital Payment Revolution

Estimates suggest that the value of POS transactions will surge to approximately EGP 640 billion by the end of 2024, reflecting a 280% increase from 2021’s EGP 169 billion.

December 12, 2024

NORTHERN AFRICA

Morocco’s z.systems Raises $1M to Empower Traditional Retailers

z.systems is a rapidly scaling startup dedicated to enhancing the competitiveness of Morocco’s small, independent retailers — locally known as “hanouts.”

December 12, 2024

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Zipline Chases US Scale With Fresh $200M as Sovereign Debt Strains African Network

Zipline's foundational public health operations in Africa are showing severe strain under the weight of unpaid government contracts.

March 25, 2026

Analysis & Opinions

The Five Countries Capturing 90% of Africa’s AI Funding

Analyzing the five markets reveals three cross-cutting insights.

March 25, 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

Partner Content