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    Camco Raises $185M to Back Africa’s Renewable Energy Ventures

    By focusing on distributed and small-scale solutions, REPP 2 seeks to bridge the estimated $22 billion annual funding shortfall required to meet the United Nations Sustainable Development Goal 7 (SDG7) of universal energy access.

    Renew Capital Expands Africa Investments: Tunisia’s Konnect and Kenya’s STIMA Join Portfolio

    Renew Capital has broadened its impact investment footprint in Africa with recently strategic backing for two startups driving innovation in fintech and e-mobility

    Sonatel Backs Healthtech Eyone in $1M Round to Digitize Real-Time Medical Record Access

    Sonatel, a subsidiary of the Orange Group, has positioned itself as a key player in digital transformation across West Africa.
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    Alibaba Sets Up Operations in Morocco, Enabling Local Retailers to Expand Global Reach

    The launch of localized services is expected to significantly increase this number, providing Moroccan businesses with access to the world’s largest business-to-business (B2B) marketplace, which boasts 47 million active users globally.

    Correctly Predicted: The African Startup Ecosystem in 2024 as It Unraveled

    Beyond funding and closures, African startups faced a slew of challenges in 2024.

    Egypt’s First SPAC Acquisition Targets Recently Funded Digital Lending Platform Qardy

    Catalyst Partners became Egypt’s first SPAC after receiving approval from the Financial Regulatory Authority (FRA) in September.

    Algebra Ventures’ Founder Transitions to Fintech, Secures Digital Lending License for Oliv Finance Amid Regulatory Freeze

    Mokhtar, who played a key role in the establishment of Algebra Ventures, has now transitioned into the fintech sector with the goal of revolutionizing SME financing.

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    Alibaba Sets Up Operations in Morocco, Enabling Local Retailers to Expand Global Reach

    The launch of localized services is expected to significantly increase this number, providing Moroccan businesses with access to the world’s largest business-to-business (B2B) marketplace, which boasts 47 million active users globally.

    Correctly Predicted: The African Startup Ecosystem in 2024 as It Unraveled

    Beyond funding and closures, African startups faced a slew of challenges in 2024.

    Morocco’s Talaty Gains Strategic Investment to Expand AI-Powered Credit Solutions

    With SMBs comprising a significant portion of the economy in Morocco and Francophone Africa, access to credit remains a critical bottleneck for growth.

    Smollan Acquires South Africa’s Yebo Fresh to Drive Growth in Township Communities 

    “We’re on a mission to make it easier for local retailers to stock up on what they need, grow their businesses, and uplift their communities."