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    Nedbank’s Fintech Shopping Spree Continues with $7.5M Bet on Tanzania’s Kuunda

    The investment comes as Nedbank pursues a more aggressive fintech strategy.

    South Africa’s Scrapped VC Tax Break: A $150k Fraud Case Reveals the Ugly Truth

    For a while, Section 12J of the Income Tax Act was the talk of the town.

    Tanzania’s Funguo Deepens Investment to $2.65M to Back Local Startups

    For founders like Geophrey Tenganamba, co-founder and CEO of agritech startup MazaoHub, this type of support is crucial for survival.
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    One Month, Two Rounds: Nigeria’s Terra Industries Hits $34m as Investors Eye ‘Faster-Than-Expected’ Traction

    “Before Terra, governments and operators across Africa were often forced to rely on foreign defense systems from China, Europe, and elsewhere.”

    Mogo Kenya Raises $6.2m in Syndicated Deal With I&M Bank and Ecobank

    The deal marks a strategic pivot for the asset financier as it swaps foreign exchange volatility for local currency stability.

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.

    When a Multilateral Bank Goes Seed-Stage: Afreximbank’s Startup Gamble

    This accelerator is not a standalone experiment; it is the logical progression of a more aggressive investment strategy.

    Latest articles

    One Month, Two Rounds: Nigeria’s Terra Industries Hits $34m as Investors Eye ‘Faster-Than-Expected’ Traction

    “Before Terra, governments and operators across Africa were often forced to rely on foreign defense systems from China, Europe, and elsewhere.”

    Mogo Kenya Raises $6.2m in Syndicated Deal With I&M Bank and Ecobank

    The deal marks a strategic pivot for the asset financier as it swaps foreign exchange volatility for local currency stability.

    African Startup Deal Tracker — Newest Deals

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

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain