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    $500K Up for Grabs: Moroccan Diaspora’s MFounders Targets High-Potential Startups

    The club will focus on startups requiring initial funding between $50,000 and $500,000, addressing a critical need in the funding landscape for early-stage ventures.

    Nigerian Stocks Go Mobile: NGX Invest Opens Stock Market to Everyone

    The platform’s launch is timely, coinciding with the Central Bank of Nigeria’s (CBN) recapitalization directive, which has spurred numerous offers for subscription and rights announcements by Nigerian banks.

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    South African Safetech Startup AURA Raises $1.1M Bridge Round to Democratize Safety

    The technology platform enables users to access the nearest vetted private security and medical response units through connected devices.

    Innovate Africa Launches $2.5M to Support Early-Stage Startups

    This sector-agnostic fund aims to back up to 20 startups in its first year.

    Rwanda Green Fund Invests $2M in Green Startups via Ireme Invest

    BasiGo Rwanda was awarded a RWF 300 million (USD 225,000) recoverable grant from Ireme Invest, the Rwanda Green Fund 's green investment facility.

    Tanzanian Fintech Nala Raises $40M Series A for Global Expansion

    This $40 million funding round marks a pivotal moment for Nala. It will enable us to go beyond remittances and extend our reach beyond Africa, building a robust payments ecosystem

    Candi Solar Secures $19 Million to Boost Clean Energy in Africa

    When we started in South Africa, load shedding was not a big topic...

    Analysis & Opinions

    Dust Off the CV or Dive Deeper? The Typical Paths of African Tech Founders After Startup Failure

    What options are immediately available to African startup founders in the wake of failure? Dust off the CV or relocate?

    Post-Mortem: How Fintech Startup Zazuu Left Barely £3000 for Investors to Redeem After $2M Funding

    The statement shows that Zazuu's assets are alarmingly meager, totaling a mere £3,300 in cash.

    Decoding Voluntary Liquidation: Lessons from African Startup Closures

    In September 2023, African mobility startup WhereIsMyTransport opted for Creditors’ Voluntary Liquidation due to its financial inability to meet obligations. The liquidator oversaw asset realization and debt settlement, adhering to the UK Companies Act of 2006.

    PARTNER CONTENT

    Nigerian Stocks Go Mobile: NGX Invest Opens Stock Market to Everyone

    The platform’s launch is timely, coinciding with the Central Bank of Nigeria’s (CBN) recapitalization directive, which has spurred numerous offers for subscription and rights announcements by Nigerian banks.

    Swvl Secures $6.3 Million Mobility Contract with Telecom Giant e& Egypt

    The deal, valued at up to $6.3 million, marks a major step in Swvl’s expansion within the Egyptian market.

    Changelabs Launches First MENA Fintech Accelerator in Egypt, Backed by $100M Fund

    Applications are now open for the Fintech for a Future Accelerator, which seeks to identify and scale promising fintech startups.

    Prembly and Peleza Merge to Form Pan-African Identity Management Powerhouse

    Kenyan identity management startup, Peleza, and US-backed digital security platform, Prembly, have announced a...

    Governance, Policy & Regulations Forum

    Heritage Bank Collapse: Nigerian Fintechs Scramble for Customer Trust, NDIC Safety Net Leaves Some Exposed

    In the wake of the Heritage Bank crisis, fintechs are grappling with the challenge of rebuilding customer trust. While those covered by the NDIC can leverage this as a selling point, others must find alternative ways to demonstrate their commitment to financial security.

    SEC Launches ARIP to Regulate Crypto Startups in Nigeria. Here’s How to Apply

    After months of cracking down on crypto startups, Nigeria is now extending an olive branch through the new ARIP program.

    Heritage Bank Collapse: Nigerian Fintechs Scramble for Customer Trust, NDIC Safety Net Leaves Some Exposed

    In the wake of the Heritage Bank crisis, fintechs are grappling with the challenge of rebuilding customer trust. While those covered by the NDIC can leverage this as a selling point, others must find alternative ways to demonstrate their commitment to financial security.

    Senegal to Implement 18% Tax on Foreign Digital Services from July 1st

    The value-added tax (VAT) on digital services in Senegal by foreign online suppliers and platforms will be implemented from July 1st, 2024.
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    Innovate Africa Launches $2.5M to Support Early-Stage Startups

    This sector-agnostic fund aims to back up to 20 startups in its first year.

    $500K Up for Grabs: Moroccan Diaspora’s MFounders Targets High-Potential Startups

    The club will focus on startups requiring initial funding between $50,000 and $500,000, addressing a critical need in the funding landscape for early-stage ventures.

    Nigerian Stocks Go Mobile: NGX Invest Opens Stock Market to Everyone

    The platform’s launch is timely, coinciding with the Central Bank of Nigeria’s (CBN) recapitalization directive, which has spurred numerous offers for subscription and rights announcements by Nigerian banks.

    Innovate Africa Launches $2.5M to Support Early-Stage Startups

    This sector-agnostic fund aims to back up to 20 startups in its first year.

    Rwanda Green Fund Invests $2M in Green Startups via Ireme Invest

    BasiGo Rwanda was awarded a RWF 300 million (USD 225,000) recoverable grant from Ireme Invest, the Rwanda Green Fund 's green investment facility.