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    IFC Backs Aruwa Capital’s $50M Second Fund as It Eyes Ghana Expansion

    Ticket sizes for ACF II are expected to range between $1m and $3m, focusing on businesses that have moved beyond the seed stage but remain too small for global PE players.

    Delta40 Secures $20M for Africa’s First Integrated Studio-and-Fund Model

    The studio typically writes initial checks between $100k and $500k. However, the real value proposition is the “capital leverage.”

    SolarAfrica Secures $94m to Bypass South Africa’s Grid Woes

    While the funding is a win for SolarAfrica, the project reflects a broader “privatization by stealth” occurring in the South African energy market.

    Ejara Charts New Leadership Path After Passing of Founder

    The leadership transition, announced recently by the company, aims to ensure continuity for the startup’s 200,000+ users and its international investors.
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    Keep exploring

    ‘It’s Not a Pipeline Problem’: Why African VCs Are Ghosting Female Founders

    “It was pretty heartbreaking to be technically competent and have a team composed of a second-time founder and still have to deal with this type of sexism.”

    Delivery Hero and Careem Alumni Raise $2.8M to Fix North Africa’s E-Commerce Logistics Headache

    “Everything we build starts with sitting down with merchants and understanding where they are losing time, money or customers,”

    Donor-Backed AI Health Tools Proliferate Across Africa, but Sustainability Remains Elusive

    Gates-funded report finds 20 deployed solutions delivering tangible results, yet most rely on short-term grants and lack independently verified cost savings

    Rooibos Becomes South Africa’s Latest Export — to Space

    Rooibos seeds bound for the International Space Station in initiative linking space plant science with skills development.

    Latest articles

    ‘It’s Not a Pipeline Problem’: Why African VCs Are Ghosting Female Founders

    “It was pretty heartbreaking to be technically competent and have a team composed of a second-time founder and still have to deal with this type of sexism.”

    Delivery Hero and Careem Alumni Raise $2.8M to Fix North Africa’s E-Commerce Logistics Headache

    “Everything we build starts with sitting down with merchants and understanding where they are losing time, money or customers,”

    71% of WAEMU Transaction Value Still Flows Through Cheques — Despite BCEAO’s New Instant Payment Rail

    BCEAO’s annual report reveals why getting 100m people to ditch paper is a multi-year slog.

    African Startup Deal Tracker — Newest Deals

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