More
    HomeUpdates

    Updates

    From Scale-Up to Step-Down: The Six Patterns Defining Africa’s Tech CEO Exodus

    Most of these companies raised their defining early rounds during a narrow window when African tech attracted serious institutional capital for the first time.

    African Startup Deal Tracker — Newest Deals

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

    Geographic Borders Blur as Africa-Focused Funds Chase Global Infrastructure

    A series of recent funding rounds involving prominent African venture investors reveals a quiet but significant shift: the continent's most active backers are writing cheques for companies that may never prioritise Africa at all.

    Egyptian Mobility Startup ARRW Secures $4M to Scale Local Ride-Hailing

    The company, which bills itself as the country's first fully licensed ride-hailing app, will use the fresh capital to expand its driver network and upgrade its technical infrastructure.
    spot_img

    Keep exploring

    BII Backs Okra Solar with $7m Debt Facility to Scale Mesh-Grids in Nigeria

    British development finance institution bets that a lighter, decentralised alternative to mini-grids can help close one of the world's largest electricity access gaps - but the model's commercial viability still hinges on procurement and policy execution.

    LemFi Turns Pillar Acquisition into £100m Capital Markets Bet

    Sixteen months after acquiring credit fintech Pillar, the FT-backed startup is swapping equity for debt markets to fund its £100m lending ambitious.

    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

    BII Backs Okra Solar with $7m Debt Facility to Scale Mesh-Grids in Nigeria

    British development finance institution bets that a lighter, decentralised alternative to mini-grids can help close one of the world's largest electricity access gaps - but the model's commercial viability still hinges on procurement and policy execution.

    LemFi Turns Pillar Acquisition into £100m Capital Markets Bet

    Sixteen months after acquiring credit fintech Pillar, the FT-backed startup is swapping equity for debt markets to fund its £100m lending ambitious.

    African Frontier Capital’s $125M Platform Tests a Faster Route to Debt for African E-Mobility

    Multi-originator warehouse facility backed by IFC, Norfund, AfDB and SEDF aims to extend asset-backed finance beyond pay-as-you-go solar into electric vehicles and productive equipment.

    Arson and License Revocations: UK-Backed Climate Startup nextProtein Faces Total Ruin in Tunisia

    A fatal road accident, local outcry over odours, and a burnt-out facility: Inside the regulatory and social crisis tearing apart one of North Africa’s premier green tech darlings, just months after it secured €18m with backing from British International Investment.