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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.

    Equity Dispute Puts OPay’s Employee Share Scheme Under Scrutiny Ahead of Potential IPO

    A Lagos labour court has dismissed a former employee's claim to shares he says were owed under a stock option scheme, in a ruling that lands weeks after OPay began preparing for a US listing.
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    IFC Mulls $13M Equity Stake in Egyptian Grocery Leader Breadfast

    According to data from VNV Global, a key Swedish investor in the startup, Breadfast’s fair value rose by 31% in the first nine months of 2025.

    Moroccan Proptech Yakeey Gets $7M Backing from IFC to Fix ‘Opaque’ Real Estate Market

    Launched in 2023 by Karim Beqqali, a veteran of the real estate sector and founder of Yamed Group...

    Catalyst Fund Secures IFC Backing for $40M Early-Stage Africa Climate Tech Fund

    The new fund will target startups in three core areas.

    Investor Bias for Bigger Markets Is Forcing African Startups to Relocate — IFC

    Why startups are leaving home to chase capital — and what it means for emerging market innovation.

    IFC Puts $120m Into Zafiri, a Clean Energy Fund Aiming to Reach 30m Africans

    Zafiri will serve as a blended finance vehicle — meaning it uses a mix of concessional (low-cost) and commercial capital — to help de-risk investments in companies delivering DRE solutions.

    Ex-Google, AXA and MTN Execs Land $10M from IFC for Senegal’s AI Health Startup KERA

    KERA is led by a founding team with deep expertise across healthcare, telecommunications, and artificial intelligence.

    IFC Backs First Circle Capital’s $25M Bet on the Overlooked Fintech Layers in Africa

    The IFC investment comes amid growing global interest in Africa’s fintech sector.

    A $4.5tn Shake-Up: What the IFC’s Multi-Year ESG Overhaul Means for Climate Founders in Africa

    The timing of IFC’s reform push is hardly ideal. ESG investing, once the darling of asset managers and development financiers, is facing a growing global backlash .

    IFC Backs Lendable With $45M to Fuel Fintech Lending in Africa

    The new fund follows Lendable’s 2023 close of its first MSME Fintech Credit Fund at $110 million, exceeding its $100 million target.

    African Tech Fund Helios V Seeks $750m, Gains Backing from IFC and EIB

    Development finance institutions back Pan-African fund targeting digital infrastructure and fintech sectors.

    IFC Backs Ventures Platform Fund II with $6M to Support African Startups

    Africa's VC scene heats up as IFC pours investment into promising funds.

    IFC Backs Flat6Labs’ $85m Africa Seed Fund

    The Netherlands-based fund will focus on pre-seed and seed-stage investments in North, West, and East Africa.

    Latest articles

    African Startup Deal Tracker — Newest Deals

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

    Equity Dispute Puts OPay’s Employee Share Scheme Under Scrutiny Ahead of Potential IPO

    A Lagos labour court has dismissed a former employee's claim to shares he says were owed under a stock option scheme, in a ruling that lands weeks after OPay began preparing for a US listing.

    Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round

    Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group.

    Meet the 15 Startups Renew Capital Is Backing to Build Africa’s Next Lenders

    The 15 companies, which hail from 10 countries including Ghana, Nigeria, Kenya, South Africa, Morocco and Senegal.