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    Spiro Lands $215M to Expand Its Battery-Swapping Network for Africa’s Motorcycle Taxis

    The latest equity injection, disclosed today, comes just four months after a $50m debt facility and pushes total disclosed funding beyond $415m.
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    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.
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    NALA Secures up to $50M Credit Facility From MUFG-Backed Liquidity to Pre-Fund Stablecoin Payment Corridors

    "At some point our business was more than doubling every other quarter, we grew faster than we could handle pre-funding for single-direction payments and everything broke."
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    Jumia Adds Former African Development Bank President to Board in Profitability Push

    The refresh brings the five-member supervisory board a mix of development finance heft, pan-African operational experience and capital markets discipline.
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    D.light Takes PAYGo Solar From Impact Funds to the London Stock Exchange

    A $50 million green bond listing marks the first time off-grid solar receivables from Africa have entered the public bond markets - and signals a structural shift in how energy access gets financed.
    Analysis & Opinions

    While Others Fled, This Nigerian Corporate VC Kept Writing Cheques

    Whether the firm is a model to be replicated or an anomaly born of specific circumstances is a question that the market is still answering.

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    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

    The sector has attracted unprecedented capital.
    Partner Content

    Fintech Margins Under Pressure as Pan-African Payments Race Reaches Ghana

    Ghana's fintech sector has attracted intensifying interest from both regional and international players.

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    D.light Takes PAYGo Solar From Impact Funds to the London Stock Exchange

    A $50 million green bond listing marks the first time off-grid solar receivables from Africa have entered the public bond markets - and signals a structural shift in how energy access gets financed.
    Analysis & Opinions

    While Others Fled, This Nigerian Corporate VC Kept Writing Cheques

    Whether the firm is a model to be replicated or an anomaly born of specific circumstances is a question that the market is still answering.
    Updates

    One Year After Listing, Valu’s Public Market Bet Looks Vindicated

    Egypt's buy-now, pay-later pioneer has more than doubled its market cap since its blockbuster IPO debut, expanded into Jordan, and posted triple-digit profit growth.
    Updates

    NewTrails Capital, Backed by Africa’s Leading Smartphone Manufacturer, Invests $55M in EV Startup Spiro

    The Chinese growth-stage fund - whose backers include Transsion Holdings, the Shenzhen company that dominates Africa's mobile phone market ...

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