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    TymeBank Is Now South Africa’s Third-Largest Bank — But Scaling Further May Cost More Than It Can Afford

    TymeBank is now South Africa’s third-largest bank by customer base, serving over 11 million South Africans . But a big trouble is looming.
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    The World’s Biggest Sports Streamer Is Taking Nigeria’s Popular Dambe Global— Here’s Why It Matters

    The collaboration will debut with the launch of the Dambe World Series, taking place June 28 at Abuja’s Moshood Abiola National Stadium.
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    Ghana’s Complete Farmer Secures $2.5M EU Funding to Scale Agritech in Underserved Northern Regions

    Founded in 2017 by Ghanaian entrepreneur Desmond Koney, Complete Farmer operates a digital platform that connects smallholder farmers to global buyers and agricultural input vendors.
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    Nigeria’s PaidHR Raises $1.8M to Modernize Payroll and People Management Across Africa

    The new funding builds on a $500,000 pre-seed round closed in late 2022.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Ecosystem News

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.

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    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.
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    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.

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    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Ecosystem News

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.
    Partner Content

    SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core

    This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.
    Updates

    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.

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