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    Saviu Ventures Targets Final Close for $50M Fund Focusing on African Startups

    The announcement comes as the firm celebrates a significant exit from its investment portfolio.

    Kili Ventures Joins $1.5M Seed Round for WafR, Eyeing Morocco’s Cash-Heavy Market

    The startup has so far onboarded 8,500 active monthly merchants, with ambitions to expand to a network of 100,000 retailers.

    South African University Spin-offs Attract Investor Interest

    UTF II will target 15 to 20 investments, focusing on scalable technology IP across diverse sectors.

    US and European Investors Dominate African Startup Funding Activity for January

    The funding landscape remains heavily influenced by foreign investors, particularly from the United States and Europe, who accounted for nearly 70% of the total investment activity.
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    Novastar Ventures Targets AI-Native African Startups With Google-Backed Lab

    The initiative is part of a broader push by Google to deepen its understanding of AI use cases emerging from African markets.

    Nigeria’s Banking Crackdown Catches Fintechs Chasing Microfinance Licences

    The regulator revokes 46 permits, including those acquired by digital lenders eager to vault into deposit-taking.

    Proparco Anchors Rare Moroccan LP Position in EmTech’s New $60M Early-Stage Fund

    The fund plans to invest in around 20 startups, writing cheques of between $500,000 and $3m in pre-Series A and Series A rounds.

    Latest articles

    Novastar Ventures Targets AI-Native African Startups With Google-Backed Lab

    The initiative is part of a broader push by Google to deepen its understanding of AI use cases emerging from African markets.

    Nigeria’s Banking Crackdown Catches Fintechs Chasing Microfinance Licences

    The regulator revokes 46 permits, including those acquired by digital lenders eager to vault into deposit-taking.

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval

    African Startups Surpass $1bn in First-Half Funding Despite Slower Equity Flows

    Debt and climate finance drive a structural shift as the total for the year reaches $1.208bn, though it trails last year's pace.