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    Ivorian Fintech Waribei Secures Pre-Seed Funding to Expand its Digital Platform

    Waribei was founded by Ladislas Pham and Frédéric Fameni. The startup’s platform addresses a long-standing issue in West Africa’s retail sector: the limited availability of credit to SMEs.
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    Venture Capital & Funding Sources

    Endeavor South Africa Raises $10.8M in First Close of Harvest Fund III, Targets African Tech Firms 

    Endeavor aims for similar outcomes with Harvest Fund III, targeting a return of 25%, or three to four times the invested capital.
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    Updates

    Candi Solar Secures $18M in New Funding to Expand Solar Energy Projects in South Africa

    Candi Solar, a leader in distributed solar power solutions for the commercial and industrial...
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    Updates

    Fuzé Investment Series: Rwandan HR-Tech Fixa Joins the List

    While the financial details of the investment have not been disclosed, Fuzé Digital Africa typically invests up to $100,000 in its portfolio startups.
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    Out of the Ashes: Swvl’s Rebound Gives VNV Global Its Largest Q3 Gain

    The Egyptian-founded, Nasdaq-listed mass-transit group delivered VNV's largest fair-value boost in the third quarter—a rare bright spot in a portfolio otherwise marked down by private-market multiple compression.
    Analysis & Opinions

    Circle, Tether, and Ripple: Three Scrambles for Africa’s Stablecoin Plumbing

    Within three weeks, two of the world's largest stablecoin groups bought into the same African payments company.

    Sponsored Posts

    Industry

    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.
    Industry

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.

    Latest articles

    Updates

    Out of the Ashes: Swvl’s Rebound Gives VNV Global Its Largest Q3 Gain

    The Egyptian-founded, Nasdaq-listed mass-transit group delivered VNV's largest fair-value boost in the third quarter—a rare bright spot in a portfolio otherwise marked down by private-market multiple compression.
    Analysis & Opinions

    Circle, Tether, and Ripple: Three Scrambles for Africa’s Stablecoin Plumbing

    Within three weeks, two of the world's largest stablecoin groups bought into the same African payments company.
    Industry

    MNT-Halan’s Dutch Parent Cements Control With $71Mn Post-IPO Capital Injection

    The move follows MNT-Halan’s highly anticipated float on the Egyptian Exchange (EGX) on October 20, which was the country’s largest IPO in dollar terms since at least 2021.
    Updates

    ‘The Harder Problem Starts After the Transfer’: LemFi Founder on Expanding into Credit and Savings

    Cross-border payments start-up bets that the harder problem for migrant customers begins after the money has been sent.

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