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    Updated: African Startup Funding Hits $1.98B YTD as Debt Deals and Local Investors Step Up

    Artificial intelligence also emerged as a strong vertical.

    Denmark Bets $54M on African Tech and VCs with New Impact Fund

    The facility, which will run from 2025 to 2028.

    Female-Led First Circle Capital Raises $10.9M for Pan-African Fintech Fund

    The firm has recently been making investments in Southern Africa.

    Mastercard Foundation Continues Africa Push with $10m for Sahel Capital

    SEFAA, which was initially anchored by Germany’s KfW Development Bank, typically invests between $300,000 and $2.4 million in early-stage and growth-oriented agribusinesses.
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    Egypt’s Flextock Bags $12.6m to Be the ‘Operating System’ for Middle East E-Commerce

    The “Shopify plus logistics” model is coming to the MENA region with more muscle.

    African Startup Deal Tracker — Newest Deals

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

    Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

    A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.

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

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

    Latest articles

    Egypt’s Flextock Bags $12.6m to Be the ‘Operating System’ for Middle East E-Commerce

    The “Shopify plus logistics” model is coming to the MENA region with more muscle.

    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 Unwritten Rules of Running a Blended Finance Fund in Africa

    Nobody publishes them. Nobody formally acknowledges them. But spend enough time inside the data, and the operating logic of Africa’s blended finance ecosystem becomes difficult to ignore.

    The Electron Gold Rush: South Africa’s Energy Trading Market Enters a ‘Big Bang’ Phase

    For the first time, South African businesses and municipalities are no longer just “customers” — they are “shoppers” in a competitive market.