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Moustachir Becomes Algeria’s First Startup to Go on IPO on Local Stock Exchange

The shares will be priced at 760 Algerian dinars (DA) each, equating to approximately $5.70 per share.

November 26, 2024

Updates

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.

November 25, 2024

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.

November 25, 2024

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.

November 22, 2024

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South African Fintech Littlefish Secures $9.5M Series A, Moves Past Founder Legal Dispute

The round was led by global tech investment firm Partech, with participation from development finance institution Proparco.

March 24, 2026

Ecosystem News

The $267bn Crown: Wave Edges Closer to Dethroning Orange in West Africa

The BCEAO’s instant payments platform launched in late 2025 to link banks and mobile wallets across eight countries. Months later, top players Wave and Orange Money have yet to fully join — latest data suggests they have little urgency.

March 24, 2026