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Street Wallet Secures $350k to Connect South Africa’s Informal Traders to the Digital Economy

Britto was previously the CFO at the UK startup Syft, where he played a key role in its £78m sale to the job site Indeed in 2019.

August 13, 2025

Updates

Africa’s Top VCs Place Their Bets on Stablecoins via a $4.9M Round for Kenyan Fintech HoneyCoin

The round was led by global fintech investor Flourish Ventures, with participation from major Africa-focused VC firm TLcom Capital.

August 12, 2025

Venture Capital & Funding Sources

Mapping Africa’s VC Firepower: Which Funds Still Have the Most to Deploy?

Earlier this year, we released a comprehensive report on newly launched funds in Africa targeting African startups. Eight months into the year, the majority of funding rounds across the continent have seen participation from firms featured in that report.

August 12, 2025

Updates

Forget the PhDs. Africa’s Top AI Founders Are Coming from Big Tobacco and Big Law

The continent’s AI scene is being built by industry insiders.

August 11, 2025

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Nigeria’s Digital Natives Are in Financial Distress. Tech Firms Should Be Worried.

For the better part of a decade, Nigeria’s consumer technology sector has operated on a reassuringly straightforward demographic premise.

March 26, 2026

Ecosystem News

FirstRand Doubles Down on AI Lender Optasia as SA Banks Hunt for Fintech Exits

This acquisition builds upon FirstRand’s initial strategic investment in October 2025, when the bank took a 20.1% stake in the fintech.

March 26, 2026

Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

March 23, 2026

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