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    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.

    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.

    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.

    Egypt’s Ariika Secures $3M in Series A Extension as Beltone’s $30M Fund Backs Regional Expansion

    Ariika reported a compounded annual growth rate (CAGR) of 90% since its inception, serving over one million customers worldwide and generating 15% of its revenue through exports.
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    Africa’s Payment Plumbing Gets a $2 Million Boost from France’s DFI

    The $2 million ticket into the Guinean fintech is modest, but it signals growing development-finance appetite for the unglamorous plumbing that connects global money-senders to mobile wallets and cash agents on the continent

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

    Latest articles

    Africa’s Payment Plumbing Gets a $2 Million Boost from France’s DFI

    The $2 million ticket into the Guinean fintech is modest, but it signals growing development-finance appetite for the unglamorous plumbing that connects global money-senders to mobile wallets and cash agents on the continent

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Kenya’s Apollo Agriculture Rides Securitisation Wave with $2.1M Local-Currency Deal

    The core infrastructure enabling the transaction was provided by Kaleidofin through its “ki” platform.

    The Quiet Exit: Mobilemart Sells to Lesaka in $2.5m All-Cash Deal

    The Nasdaq-listed South African fintech has quietly added another small enterprise-focused company to its portfolio, paying cash for a fintech business as it continues to widen its offering for large-scale clients.