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    Moniepoint-Backer Lightrock Africa Secures IFC Anchor for New $200M Growth Fund

    The World Bank Group's private sector arm is anchoring the Nairobi-headquartered manager's second African growth equity vehicle, which targets eight to twelve portfolio companies across Nigeria, Kenya, and South Africa.
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    Three Years, $618M Pledged: Nigeria’s iDICE Tech Fund Finally Lands With a $729K Startup Grant

    The gap between that announcement and this week’s grant disclosure illustrates how slowly large development-finance vehicles translate into founder-facing capital in Africa’s largest economy.
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    Valu Expands to Jordan With $7m — but Its Fastest Growth Is Coming From Payments, Not Loan

    Egypt's largest consumer fintech posted its first full-year results since listing.
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    Japan’s JICA Commits $10M to Persistent’s African Climate Tech Fund Amid DFI Push

    The investment is part of a broader strategy by global development finance institutions - including Denmark's IFDK and the Dutch FMO - to use blended finance to plug Africa's early-stage climate funding gap.
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    Ghana’s Draft ICT Law Could Make Foreign-Backed Startups Illegal

    For the foreign founder eyeing Accra's growing tech scene, the advice is shifting.
    Corporate Governance Forum

    How an $800K African M&A Tech Deal Ran Into a 30-Year-Old Governance Trap

    The ruling has implications that stretch well beyond a single scuppered deal.
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    Sabou Capital Injects $2M Into Nigerian Tomato Paste Maker Tomato Jos as Import Ban Reshapes Market

    The impact-linked debt deal will help the Kaduna-based company expand its farmer network and processing capacity.
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    Egypt’s Beltone Reaps 271% Venture Capital Revenue Jump as Bosta Exit Validates Strategy

    The venture unit is not the only part of Beltone's technology drive. The group has been building out its own artificial intelligence capabilities through a subsidiary called Robin.

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