More
    HomeUpdates

    Updates

    The Power Players Behind Africa’s Biggest Funding Deals in 2024

    This year, African tech companies leaned heavily on these firms to secure transformative investments.

    Arm-Harith $200M Infrastructure Fund Attracts AfDB Backing

    ARM-Harith Successor Infrastructure Equity Fund will invest in Ghana, Nigeria and across West Africa

    From Zurich to Vaduz: The Global Non-Profits Backing African Startups

    Non-profits backing African startups have predominantly focused on energy, agritech, and fintech, though other sectors are increasingly gaining attention.

    Cassava Technologies Raises $310M to Scale Africa Data Centers and Saisai Fintech, Backed by US DFC

    Through its business units, including Liquid Intelligent Technologies, Africa Data Centres, and Sasai Fintech, the company delivers digital infrastructure and services across Africa, the Middle East, and beyond.
    spot_img

    Keep exploring

    Mauritius Tightens Its Grip on Africa’s Startup Cap Tables

    Funds domiciled on the island have made a string of investments this year. The money is rarely Mauritian - and that is the point.

    Why Your Cheapest Hire Can Be the Most Costly

    Thuto Motsie CEO of Thamani, writes from Gauteng, South Africa

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Mauritius Tightens Its Grip on Africa’s Startup Cap Tables

    Funds domiciled on the island have made a string of investments this year. The money is rarely Mauritian - and that is the point.

    Why Your Cheapest Hire Can Be the Most Costly

    Thuto Motsie CEO of Thamani, writes from Gauteng, South Africa

    OPay Pulls $304M New York Listing After Regulatory Inquiry

    Nigerian fintech terminates underwriting agreement two days after signing, leaving its December 2027 preferred share deadline unresolved

    Kenafric Tests the Corporate VC Playbook for African Consumer Startups with $10M Fund

    Kenafric Group, the Kenyan consumer goods manufacturer whose brands range from chewing gum to...