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    Babban Gona Raises $7.5m to Expand AI-Backed Farming Franchise in Northern Nigeria

    With BII’s backing, Babban Gona says it wants to increase yields and incomes for around 140,000 farmers by 2029.

    MOPO Secures $6.7m From Norfund to Scale Battery Rentals Across Africa

    Its products include the MOPO50, designed for lighting, phone charging and small appliances, and the MOPOMax, which supports higher-load devices such as small business equipment and e-mobility.

    Egypt’s Intella Raises $12.5m to Build an AI That Truly Understands Arabic

    Intella reported that it more than doubled its revenue in 2024 and is projecting 7x growth in 2025.

    The Elite Oxford Club Training VCs Who Deploy $444m Across Africa

    Founders backed by VCs that have received support from Boost Africa have a significantly higher success rate in follow-on funding.
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    Keep exploring

    Novastar Ventures Targets AI-Native African Startups With Google-Backed Lab

    The initiative is part of a broader push by Google to deepen its understanding of AI use cases emerging from African markets.

    Nigeria’s Banking Crackdown Catches Fintechs Chasing Microfinance Licences

    The regulator revokes 46 permits, including those acquired by digital lenders eager to vault into deposit-taking.

    Proparco Anchors Rare Moroccan LP Position in EmTech’s New $60M Early-Stage Fund

    The fund plans to invest in around 20 startups, writing cheques of between $500,000 and $3m in pre-Series A and Series A rounds.

    Latest articles

    Novastar Ventures Targets AI-Native African Startups With Google-Backed Lab

    The initiative is part of a broader push by Google to deepen its understanding of AI use cases emerging from African markets.

    Nigeria’s Banking Crackdown Catches Fintechs Chasing Microfinance Licences

    The regulator revokes 46 permits, including those acquired by digital lenders eager to vault into deposit-taking.

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval

    African Startups Surpass $1bn in First-Half Funding Despite Slower Equity Flows

    Debt and climate finance drive a structural shift as the total for the year reaches $1.208bn, though it trails last year's pace.