More
    HomeUpdates

    Updates

    Egypt’s Delayed Digital Bank Taps Ex-Minister to Finally Get It Off the Ground

    Backed by state-owned Banque Misr, One Bank has a new name and a heavyweight board, but its go-live date has slipped by two years.

    Senegal’s Tech Scene Rocked by Insider Fraud as Employees Siphon Millions

    According to court documents, the accused, who had been with the company since 2019, exploited a feature in the company’s proprietary software.

    dLocal’s African Rollercoaster: Egypt Slumps as South Africa (and Temu) Step Up

    dLocal’s African challenges are not new. In 2024, Nigeria’s revenue collapsed by over 80% after a naira devaluation, turning a once-lucrative market into a minor contributor.

    First Cheque Out: Small Foundation Backs Kenyan VC FrontEnd to Ease First-Time Manager Woes

    While seasoned VCs continue to invest, aspiring first-time managers are navigating a steep and unforgiving terrain.
    spot_img

    Keep exploring

    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.

    The Quiet Extinction of the African Seed Round: Ten Hard Truths From April’s Funding Data

    If you are a first-time founder with a prototype and a pitch deck, you are competing for a sliver of a sliver.

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

    A New Expansion Map: African Startups Redraw Routes Through Accra

    From Nigerian defence contractors to Kenyan logistics software, a new cohort of well-capitalised tech firms is bypassing traditional hubs to set up operational bases in Accra.

    Latest articles

    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.

    The Quiet Extinction of the African Seed Round: Ten Hard Truths From April’s Funding Data

    If you are a first-time founder with a prototype and a pitch deck, you are competing for a sliver of a sliver.

    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.

    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