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    TLcom Capital Backs Ivory Coast’s HUB2 with $8.5M to Unify Payments Across Francophone Africa

    The investment will enable HUB2 to process €1 billion in transaction volume in 2024, a dramatic leap from the €70 million handled in 2022.
    Read more
    Partner Content

    Ex-Naspers Foundry Chief Joins Prosus Board Following $100M Fund Shutdown

    While Mahanyele-Dabengwa’s board appointment signifies a strong leadership strategy, Naspers is also recalibrating its investment approach.
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    Updates

    Morocco’s Enakl Raises $1.4M to Help Reduce Urban Congestion and Pollution in African cities

    Since launching its pilot phase, Enakl has achieved significant traction. The platform manages over 15,000 bookings monthly in Casablanca, with a growth rate of 20% per month.
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    WESTERN AFRICA

    France’s Largest VC Firm Backs Senegalese AI Startup LAfricaMobile in $7M Series A

    The company raised €500,000 in seed funding in 2020 and secured €4.3 million ($4.6 million) in the first tranche of its Series A in April 2024.
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    ‘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.”
    Updates

    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,”

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    Partner Content

    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
    Partner Content

    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

    Updates

    ‘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.”
    Updates

    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,”
    Updates

    71% of WAEMU Transaction Value Still Flows Through Cheques — Despite BCEAO’s New Instant Payment Rail

    BCEAO’s annual report reveals why getting 100m people to ditch paper is a multi-year slog.
    Updates

    African Startup Deal Tracker — Newest Deals

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

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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