Africa

Read the latest technology news and analysis on investments, venture capital, founders, and startups in Africa.

Venture

African ‘gender equal’ VC Janngo Capital closes second fund at $78M
Tage Kene-Okafor

Oct 29, 2024
Fintech

Google and DPI back African fintech Moniepoint in $110M round
Tage Kene-Okafor

Oct 29, 2024

Crypto

African crypto startup Yellow Card raises $33M led by Blockchain Capital to scale its B2B pivot
Tage Kene-Okafor

Oct 16, 2024
AI

‘Where we are today in biology AI is similar to GPT in 2020’: An interview with the CEO of Africa’s biggest AI startup
Tage Kene-Okafor

Oct 12, 2024
Fintech

Flutterwave’s chief on the company’s executive hires, product focus, and IPO plans
Tage Kene-Okafor

Oct 7, 2024
Government & Policy

Kenya fines Baltic fintech Eleving’s local arm for misleading customers
Annie Njanja

Oct 4, 2024

Fintech

Paymob, started by three college friends, lands another $22M and is profitable in Egypt
Tage Kene-Okafor

Sep 11, 2024
Startups

From InstaDeep to Paystack: Here are Africa’s biggest startup exits and how much they raised
Tage Kene-Okafor

Sep 1, 2024
Commerce

African B2B e-commerce startups Wasoko and MaxAB complete merger: Interview with co-CEO Daniel Yu
Tage Kene-Okafor

Aug 27, 2024
Fundraising

Kenyan HR and payroll startup Workpay lands Visa as investor in $5M round
Tage Kene-Okafor

Aug 22, 2024

Fintech

Waza comes out of stealth with $8M to power global trade for African businesses
Tage Kene-Okafor

Aug 19, 2024
Commerce

African e-commerce company Jumia completes sale of secondary shares at $99.6M
Tage Kene-Okafor

Aug 16, 2024
Fintech

Conduit’s cross-border payments expand from LatAm into Africa with $6M round
Tage Kene-Okafor

Aug 12, 2024
Commerce

Jumia plans to raise more than $100 million in secondary shares to drive stalled user growth
Tage Kene-Okafor

Aug 6, 2024

Commerce

Egypt’s Cartona raises $8.1M even as investors pull back from B2B e-commerce in Africa
Tage Kene-Okafor

Jul 30, 2024
Fintech

Egypt’s MNT-Halan banks $157.5M, gobbles up a fintech in Turkey to expand
Tage Kene-Okafor

Jul 26, 2024
AI

Intron Health gets backing for its speech-recognition tool that recognizes African accents
Annie Njanja

Jul 25, 2024
Featured

Pesa unlocks new markets to keep remittances flowing to emerging economies
Annie Njanja

Jul 22, 2024

Fintech

Nala to use $40M Series A to build B2B payments platform, scale remittance services
Annie Njanja

Jul 9, 2024
Government & Policy

Internet goes dark in Kenya in the wake of major protests over finance bill
Annie Njanja

Jun 25, 2024
Fintech

Cadana, an emerging markets payroll services provider for global hiring platforms, banks $7.1M seed
Tage Kene-Okafor

Jun 20, 2024
Venture

Paris-based VC Breega hits first close of $75M Africa fund to back pre-seed and seed startups
Tage Kene-Okafor

Jun 20, 2024

Commerce

Sources: Wasoko-MaxAB e-commerce merger faces delays amid headwinds in Africa
Tage Kene-Okafor

Jun 10, 2024
Fintech

Starting in war-torn Sudan, YC-backed Elevate now provides fintech to freelancers globally
Tage Kene-Okafor

Jun 6, 2024
Commerce

YoLa Fresh, a GrubMarket for Morocco, digs up $7M to connect farmers with food sellers
Tage Kene-Okafor

May 30, 2024
Climate

Iyris makes fresh produce easier to grow in difficult climates, raises $16M
Tage Kene-Okafor

May 30, 2024

Enterprise

Google to build first subsea fiber-optic cable connecting Africa with Australia
Paul Sawers

May 23, 2024
Venture

OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund
Tage Kene-Okafor

May 20, 2024
Venture

Accion’s new $152.5M fund will back financial institutions serving small businesses globally
Tage Kene-Okafor

May 14, 2024
Commerce

Maad raises $3.2M seed amid B2B e-commerce sector turbulence in Africa
Annie Njanja

May 13, 2024