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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.

    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.

    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.

    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.”
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    From Fintech to Medtech, Casablanca Delivers Back-to-Back Tech IPOs

    The back-to-back tech listings mark an acceleration for a bourse that until 2025 had not seen a major technology IPO in years.

    Nigerian Fintech Founder Turns to Fish Farm Drones After Central Bank Blacklist

    The final blow came last month, when the Central Bank of Nigeria published a list of 46 microfinance banks whose licences had been revoked with immediate effect.

    Donor-Backed AI Health Tools Proliferate Across Africa, but Sustainability Remains Elusive

    Gates-funded report finds 20 deployed solutions delivering tangible results, yet most rely on short-term grants and lack independently verified cost savings

    Rooibos Becomes South Africa’s Latest Export — to Space

    Rooibos seeds bound for the International Space Station in initiative linking space plant science with skills development.

    Latest articles

    From Fintech to Medtech, Casablanca Delivers Back-to-Back Tech IPOs

    The back-to-back tech listings mark an acceleration for a bourse that until 2025 had not seen a major technology IPO in years.

    Nigerian Fintech Founder Turns to Fish Farm Drones After Central Bank Blacklist

    The final blow came last month, when the Central Bank of Nigeria published a list of 46 microfinance banks whose licences had been revoked with immediate effect.

    ‘It’s Not a Pipeline Problem’: Why African VCs Are Ghosting Female Founders

    “It was pretty heartbreaking to be technically competent and have a team composed of a second-time founder and still have to deal with this type of sexism.”

    Delivery Hero and Careem Alumni Raise $2.8M to Fix North Africa’s E-Commerce Logistics Headache

    “Everything we build starts with sitting down with merchants and understanding where they are losing time, money or customers,”