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    South Africa’s Insight Terra Raises $5.7 million to scale climate-tech platform

    Staff Writer - 0
    The funding round highlights the growing investor confidence in African climate-tech solutions
    Updates

    Egypt’s MoneyHash Secures $5.2M to Simplify Payments for Emerging Markets’ Enterprises

    Staff Writer - 0
    Egyptian fintech startup MoneyHash has secured $5.2 million in a pre-Series A funding round, bringing its total funding to over $12 million since its...

    Maxula Gestion Resumes Funding for Tunisian Startups

    Renew Capital Investment Series: Kenya’s Sevi Secures Funding to Bolster Stock Financing for Retailers

    Lofty Alpha Secures IFC Backing for $50 Million Early-Stage Venture Fund

    South African Insurtech Naked Secures $38m Funding in Africa’s Largest Sector Deal

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    SOUTHERN AFRICA

    South African Insurtech Naked Secures $38m Funding in Africa’s Largest Sector Deal

    Staff Writer - 0
    Founded in 2018 by former Ernst & Young executives and actuaries Alex Thomson, Sumarié Greybe, and Ernest North, Naked distinguishes itself through a fully digital, AI-driven insurance platform.

    IFC Halts $50m Credit Line for African Fintech Onafriq

    The Top Small-Ticket VCs Backing Early-stage Tech Startups in Africa

    DOB Equity Backs Water Filter Startup in Strategic Shift After Portfolio Setbacks

    Purple Elephant Ventures Secures Record $4.5 Million Seed Round for African Tourism Tech

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    Ecosystem News

    IFC Halts $50m Credit Line for African Fintech Onafriq

    The IFC’s proposed $50m investment, comprising an A Loan and B1 Loan Participations, was intended to further fuel Onafriq’s growth.
    Read more
    Ecosystem News

    LemFi, Led by OPay Alumni, Raises $53M in Series B to Tap into Booming Remittance Market

    LemFi has achieved significant milestones, including processing over $1 billion in monthly payment volume and recording $2 billion in annual transaction volume in 2023.
    Read more
    Ecosystem News

    Global Investors Are Buying Up South African Cybersecurity Firms in Record Numbers

    The feeding frenzy is showing no signs of abating anytime soon.
    Read more
    Ecosystem News

    29 Deals in 2024: Digital Africa Prepares for Bigger Checks in 2025

    With an investment envelope of €6.5m, Fuzé provides seed funding and follow-on investments.
    Read more
    WESTERN AFRICA

    With Billion-Dollar Wind in its Sails, Nigeria’s Moniepoint Charts UK Course

    Moniepoint has engaged CLA Evelyn Partners Limited, an FCA-regulated auditing firm, to ensure compliance with the UK’s stringent financial standards.
    Read more

    Analysis & Opinions

    Analysis & Opinions

    More Gender-Lens Investors in Africa, Yet Female Founders Still Struggle with VC

    This funding gap persists despite the emergence of dedicated Africa-focused venture capital firms.
    Read more
    Analysis & Opinions

    Local Funds Prop Up Moroccan Startups as Foreign VC Remains on the Sidelines

    In 2024 alone, these tech visitors flocking to Morocco helped catapult the North African country to Africa’s number one tourist destination, surpassing Egypt after it secured over 17.4 million visits that year. But as their presence fades, a new tendril is sprouting.
    Read more

    PARTNER CONTENT

    Partner Content

    The Panda Bond Boom: Why African Top Funders Are Rushing to China’s Debt Markets

    China's panda bond market has witnessed remarkable growth, with issuances hitting a record 194.8 billion yuan ($26.7 billion) in 2024 — a 26% increase year-on-year.
    Read more
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    Partner Content

    A New Era for Algerian Startups: The Long-awaited IPO That Could Change Everything Takes Off

    An ambitious target has been set to reach 100 listings on both the main and secondary markets by 2030.
    Read more
    Partner Content

    Egyptian Fintech Raseedi to Offer 5-Minute Loans After Kashat Acquisition Deal

    Raseedi currently boasts 120,000 monthly active users and aims to increase this figure to 1.5m within six to eight months.
    Read more
    Partner Content

    Marseille: A New Entrepôt for Startups in Tunisia

    L’Accélérateur M, a Marseille-based accelerator programme, has seen Tunisian startups comprise approximately 90 per cent of its international cohorts.
    Read more

    Governance, Policy & Regulations Forum

    Policy & Regulations Forum

    Rising Telco Tariffs, Shrinking Margins: The Startup Hustle in Nigeria Gets a New Twist

    The timing of this tariff hike could hardly be worse for ordinary Nigerians. Inflation soared to over 30% in 2024
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    Policy & Regulations Forum

    One Year, Another Tax: Mobile Money Users in Cameroon Cry Foul Yet Again

    For newcomers, the market’s hostility is legendary.
    Read more
    Governance, Policy & Regulations Forum

    In Francophone West Africa, Payment Cards are Run by Banks, Not Fintechs

    The COVID-19 pandemic played a catalytic role in accelerating digital payments. In 2023, digital payment transaction volumes surged by 33.78%
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    Policy & Regulations Forum

    AI-Generated ‘Legal Fiction’ Causes Uproar in South Africa

    “Of the nine cases referred to and cited, only two could be found to exist, albeit that the citation of one was incorrect.”
    Read more
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    Ecosystem News

    LemFi, Led by OPay Alumni, Raises $53M in Series B to Tap into Booming Remittance Market

    LemFi has achieved significant milestones, including processing over $1 billion in monthly payment volume and recording $2 billion in annual transaction volume in 2023.
    Read more
    Updates

    South Africa’s Insight Terra Raises $5.7 million to scale climate-tech platform

    The funding round highlights the growing investor confidence in African climate-tech solutions
    Read more
    Updates

    Egypt’s MoneyHash Secures $5.2M to Simplify Payments for Emerging Markets’ Enterprises

    Egyptian fintech startup MoneyHash has secured $5.2 million in a pre-Series A funding round,...
    Read more
    Partner Content

    The Panda Bond Boom: Why African Top Funders Are Rushing to China’s Debt Markets

    China's panda bond market has witnessed remarkable growth, with issuances hitting a record 194.8 billion yuan ($26.7 billion) in 2024 — a 26% increase year-on-year.
    Read more
    Ecosystem News

    IFC Halts $50m Credit Line for African Fintech Onafriq

    The IFC’s proposed $50m investment, comprising an A Loan and B1 Loan Participations, was intended to further fuel Onafriq’s growth.
    Read more

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