- A hybrid kiosk-plus-digital banking model proved profitable and scalable, turning a challenger bank into a $1.5B unicorn and an international growth…
- Moniepoint raised $250M in Series C to become a profitable unicorn, serving 10M users and processing $250B annually while expanding across Africa and…
- Africa’s Big Four drove $3.5B+ in 2025 startup funding as cleantech overtook fintech and debt financing surged, signaling a shift to infrastructure-…
- Enko Education secured $24M to grow from 7,500 to 20,000 students by 2029 through acquisitions, expanding affordable IB and Cambridge programs across…
- Kenya’s Capital Markets Authority (CMA) recently licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs), allowing the…
- African startups raised $289M in Jan 2025 — a 240% YoY rise, driven by equity deals in fintech and cleantech and four countries taking 60% of funding…
- Corporate venture capital investment in African startups just hit a three-year high. In H1 2025 alone, 26 corporate-backed deals were recorded—a 44%…
- Three respected data sources. Same year. Same ecosystem. Numbers that differ by almost 3X. Welcome to African startup data tracking, where everyone’s…
- Lagos-backed ride-hailing platform LagRide has secured a USD 100 million (approximately EUR 95 million) credit facility from United Bank for Africa (…
- Xsolla, a global video game commerce company that supports developers in launching, growing, and monetising their games, has announced the expansion…
- Revibe, a digital marketplace for refurbished electronics, has secured $17 million in a Series A funding round. The investment, led by global venture…
- The African Development Bank’s Board of Directors (www.AfDB.org) has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen…
- The Federal Government (FG) launched a N50 million Student Venture Capital Grant (S-VCG) on Monday to encourage innovation, research excellence, and…
- The Judith Neilson Foundation has partnered with the Million Lives Collective (MLC) to launch the African Cities Innovation Fund, a new grant program…
- Kenyan insurtech mTek has been acquired by Singapore-based unicorn bolttech, marking a rare exit for East Africa in a challenging funding environment…