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    Swvl Secures Additional $2 Million in Private Placement to Fuel US Expansion

    Under the agreed terms, investors have committed to a six-month lock-up period and restrictions on share transfers.
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    Venture Capital & Funding Sources

    Contrarian VC P1 Ventures Raises $50m to Back Next-Gen African Startups

    This announcement follows a year of significant momentum for P1, highlighted by its largest investment to date: a co-investment alongside Accel in Nuitee, a Moroccan AI-powered hotel booking platform, which raised a $48m Series A round.
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    Ecosystem News

    Moroccan AI Spin-off ToumAI Secures $1 Million in Pre-Seed Funding

    Yousef Rahmani, who holds a Ph.D. in Law from the University of Oxford, co-founded ToumAI Analytics in 2020.
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    Updates

    Israeli Unicorn StarkWare Launches $4 Million African Venture Fund for Blockchain Startups

    Startups can apply for grants ranging from $150,000 for early-stage projects to larger investments, generally up to $500,000, for more established teams.
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    Swedfund Injects $20M Into AfricaGoGreen to Plug Climate Debt Gap

    The transaction is consistent with Swedfund’s demonstrated strategic priority.
    Updates

    Premium Brands Don’t Have a Quality Problem. They Have a Distinction Problem.

    Nomaswazi Phumo, Head of Strategy of Leagas Delaney South Africa, writes from Cape Town, South Africa

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    Industry

    From Quebec to Africa: The Obscure Telecom Making a High-Stakes Nasdaq Debut

    In a market where the “landlord” model has proven wildly profitable, can the capital-hungry builder ever catch up?
    Industry

    Five35 Widens Female-Focused Bets as African Funding for Female Founders Dries Up

    Five35's portfolio sits largely outside fintech, the sector with the weakest gender balance among Africa's largest technology verticals.

    Latest articles

    Updates

    Swedfund Injects $20M Into AfricaGoGreen to Plug Climate Debt Gap

    The transaction is consistent with Swedfund’s demonstrated strategic priority.
    Updates

    Premium Brands Don’t Have a Quality Problem. They Have a Distinction Problem.

    Nomaswazi Phumo, Head of Strategy of Leagas Delaney South Africa, writes from Cape Town, South Africa
    Updates

    $4B Fintech Giant OPay Considers Lagos Float Amid Government Pressure

    Fintech giant considers domestic share sale as local exchange chief urges President Tinubu to keep homegrown technology champions on home soil.
    Industry

    ANKA Splits B2B and Consumer Arms as New Owner Attempts Post-Insolvency Comeback

    Global Shop Group restores the Afrikrea consumer brand as it navigates parent company liquidation, founder exits, and a 537,000-user data leak.

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