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    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.

    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.

    Not Yet: Tunisian Parliament Rejects Reforms to Foreign Currency Account Rules

    The proposed measure was an ambitious attempt to alleviate long-standing frustrations over access to foreign currency.

    CrossBoundary Energy Secures $140M to Scale Renewable Energy Across Africa

    Despite Africa’s abundant renewable energy resources, financing constraints remain a major hurdle.
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    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

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

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

    Swvl Lands Sawiris Family Backing in $13M Push for U.S. Expansion

    Cairo-born mobility group secures $13m from Sawiris family vehicle as it tries to convert a fragile turnaround into American growth.

    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?

    Latest articles

    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

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

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

    How Moving Goalposts Are Freezing Francophone West Africa’s Fintech Scene

    For investors considering Francophone West Africa’s fintech sector, the past eighteen months have been ‘a study in uncertainty’.

    Five Countries, Half a Million Dollars: Inside Nigeria’s New Startup Funding Math

    Nigerian founders are not failing to raise capital so much as raising it through instruments that didn't used to be the plan.