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    The Battle Begins: Jumia Publishes Rare Black Friday Gains as China’s Temu Threatens Key Nigerian Market

    Despite recent gains from Black Friday events, Jumia faces mounting external pressures, particularly from Temu’s arrival in key Nigerian market.

    Tanzanian Fintech Startup Tunzaa Secures Funding to Accelerate Growth

    In addition to installment payments, Tunzaa incorporates gamified savings features, allowing users to set financial goals and earn rewards for meeting them.

    Lagos-Based Ignite Power Secures $15M to Expand Solar Solutions in Africa’s C&I Sector

    Afrigreen’s investment in Ignite Power is part of a broader strategy to accelerate the adoption of renewable energy across Africa

    Plans to Leave Nigeria? Netflix Faces Pressure to Rethink Amid Film Investment Surge

    The African film and media industry is experiencing a surge in investment
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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.

    Latest articles

    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."