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    Nigeria’s Ed-tech Startup Tespire Bags Funding to Scale AI-powered School Solutions

    Tespire, based in Northern Nigeria, is addressing the critical gap in infrastructure in local schools, where administrative inefficiencies often hinder overall educational performance.
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    Updates

    Acumen Invests $2 Million in Yellow Malawi to Expand Solar Energy Access for Underserved Communities

    The first tranche of $1 million will be disbursed in US dollars, with repayments made in Malawian Kwacha, while the second tranche, also valued at $1 million, will be disbursed and repaid in US dollars.
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    NORTHERN AFRICA

    Meet the Eight New Egyptian Startups Backed by Prolific Investor EdVentures

    With these new investments, EdVentures has now backed a total of 22 startups, up from 14, marking a significant milestone in its journey to reshape education through technology. in Egypt.
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    SOUTHERN AFRICA

    Mirova Expands into South Africa with $15M Investment in SolarAfrica

    The investment in SolarAfrica represents Mirova’s fifth transaction under its Gigaton strategy, which aims to accelerate the global transition to low-carbon energy by investing in renewable energy projects in high-growth markets.
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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
    Updates

    Beltone Clocks 75% IRR as it Exits Egyptian Logistics Play Bosta

    This transaction represents BVC’s fifth successful exit since it began operations in 2023 and the second for its joint vehicle with Citadel.

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    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
    Partner Content

    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

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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
    Updates

    Beltone Clocks 75% IRR as it Exits Egyptian Logistics Play Bosta

    This transaction represents BVC’s fifth successful exit since it began operations in 2023 and the second for its joint vehicle with Citadel.
    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.
    Updates

    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.

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