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Solarise Africa Secures $3.3m to Help South African Businesses Dodge Power Cuts

Solarise Africa, a pan-African energy-as-a-service company, has secured R60m (approximately $3.3m) in follow-on funding...

July 31, 2025

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Altera Biosciences Bags $1.6M to Build ‘Off-the-Shelf’ Cells in Africa’s First Gene Therapy Play

While the science is complex, the investment thesis has a unique hook. The startup argues that its location is a strategic asset.

July 30, 2025

Updates

CityTaps’ $6M Water-Tech Dream Runs Dry as Kenyan Arm Enters Liquidation

The water-tech aimed to solve water access for Africa's urban poor with smart meters and mobile money. Its collapse is the latest in a wave of closures hitting Kenya's impact startup scene.

July 29, 2025

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Rihanna-Backed Gather Ventures Invests In African Climate Startups

"We are here to ensure that entrepreneurs don’t take the wrong kind of capital for the wrong reasons"

July 28, 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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