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    From Mini-Grids to Solar Homes: FEI Expands Its Mandate With $750m Target

    Currently operating with roughly $361m in assets under management (AUM), the fund has already deployed $482m across 25 African countries.
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    Updates

    Debt Structures Drive $185m Rebound in African Tech Funding in March

    Capital raised in April recovers from March slump but remains 30 per cent below 2025 levels as founders turn to alternative financing.
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    Updates

    South African Logistics Startup Shiprazor Secures $2.65m to Streamline E-Commerce Deliveries

    Founded in 2023 by CEO Sahil Affriya, Shiprazor operates as an infrastructure layer connecting online merchants with a disparate network of delivery providers.
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    Updates

    African Biotech Investor OneBio Secures $6m First Close in Test for Continent’s Deep Science Sector

    The fundraising effort marks a notable development in an African venture ecosystem that has historically directed the vast majority of its capital toward financial technology
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    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.
    Industry

    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.

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    Industry

    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.
    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.

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    Updates

    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.
    Industry

    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.
    Ecosystem News

    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.
    Policy & Regulations Forum

    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.

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