June 15
Africa: Moniepoint's Monnify Processed $18b in Payments Last Year
Monnify processed ₦25 trillion, or about $18.3 billion, in transaction volume in 2025 as Nigerian businesses continued to rely on digital payment infrastructure. Read more »
Southern Africa: Holocene Closes Southern Africa Climate Tech Fund
Holocene closed its first venture fund, marking the final close of what it describes as Southern Africa's first dedicated high-growth climate tech fund. Read more »
June 08
Africa: Cascador Deploys $5m to African Startups Via New Fund
Cascador deployed more than $5 million into 7 African startups at its second annual pitch day, as the growth-stage founder platform expands funding for companies with social… Read more »
Africa: Yamify Gets Launch Africa Backing for AI Deployment Platform
Yamify secured funding from Launch Africa Ventures as part of its pre-seed round, giving the developer-first AI startup new capital to expand distribution. Read more »
Africa: Foras.Ai Backs Arabic Ai Education Platform Efham.Ai
Foras.AI invested in Efham.ai, an Arabic-language AI education platform developed by Egypt-based NixAI, as demand grows for artificial intelligence skills across the Middle East… Read more »
Africa: Aethexai Raises $3m for Voice Ai in Africa and Middle East
AethexAI raised $3 million in pre-seed funding to build voice AI systems for enterprises in Africa and the Middle East, where customer support still depends heavily on phone calls. Read more »
June 02
Africa: Spiro Raises $215m Equity to Expand EV Network in Africa
Spiro, an electric vehicle and battery-swapping company operating across Africa, has raised $215 million in equity financing to expand its transport and energy infrastructure… Read more »
June 01
Africa: Morocco Overtakes South Africa As Africa's Most Industrialised Economy
Morocco has displaced South Africa at the top of the African Development Bank's Africa Industrialisation Index for 2025, ending a 15-year run for South Africa as the continent's… Read more »
May 29
Africa: Spiro Acquires Coexlion to Build Africa EV Motorbike R&D Hub
Spiro acquired UK-based engineering firm Coexlion for an undisclosed sum as the electric motorcycle company moves to build its first African research and development centre in… Read more »
Africa: Wasoko Co-Founder Daniel Yu Launches $100m Africa Jobs Fund
Daniel Yu, co-founder of Wasoko, launched the Africa Jobs Fund, a philanthropic investment fund seeking to mobilise $100 million over the next 5 years to back companies creating… Read more »
May 26
Africa: Orange Backs 20,000-Kilometer Cable to Link Africa and Europe
Orange is backing a new 20,000-kilometer subsea cable that will connect Nigeria and almost 20 other countries across Africa and Europe, as demand for data and cloud services rises… Read more »
Africa: Ihs Towers Board Backs MTN Take-Private Offer
IHS Holding's board backed MTN Group's plan to buy out other shareholders and take the telecom tower operator private, setting up a vote on one of Africa's largest digital… Read more »
Africa: South Africa's Mia Healthcare Raises $920k for Mobile Dental Care
South African e-health startup Mia Healthcare Technologies raised ZAR15 million, or about $920,000, to expand access to affordable dental and orthodontic care. Read more »
May 19
Africa: Togo Scraps Visa Requirement for African Nationals
Togo has removed visa requirements for all African nationals, allowing passport holders from the continent to enter the country for stays of up to 30 days. Read more »
Africa: WAEMU Treasuries Raise Cfa 92 Billion in Liquid Market
The WAEMU public securities market recorded strong demand in the week of May 12 to May 15, with 3 member states raising CFA92 billion against an initial target of CFA85 billion. Read more »
May 18
Africa: AFC Commits $100m to African Tech Venture Funds
Africa Finance Corporation (AFC), the pan-African development finance institution with over $19 billion in total assets, has committed $100 million to invest in Africa-focused… Read more »
Africa: WHO Declares Global Emergency Over Ebola Outbreak in Congo, Uganda
The World Health Organization declared the Ebola outbreak in Democratic Republic of Congo and Uganda a public health emergency of international concern, its highest alert level… Read more »
May 13
Africa: Lafarge Africa to Become Hbm Nigeria After Huaxin Takeover
Lafarge Africa Plc shareholders have approved a plan to rename the cement maker HBM Nigeria Plc, marking the formal shift to its new Chinese majority owner. Read more »
Africa: Renewvia Plans $750m Solar Mini-Grid Expansion in Africa
Renewvia Energy Corp. plans to expand its solar-powered mini-grid business into Uganda, Rwanda, Ethiopia and the Democratic Republic of Congo, as private companies move to close… Read more »
Africa: BGFI Holding Lists On Central Africa's Bvmac Stock Exchange
BGFI Holding Corporation listed on the Bourse des Valeurs Mobilières de l'Afrique Centrale on May 7, becoming the first multinational from the CEMAC region to join the… Read more »
May 07
Africa: Africa Is Home to Some of Fastest-Growing Economies in 2026
Africa is set to deliver some of the world's strongest growth in 2026, even as war in the Middle East, oil volatility and weaker risk appetite weigh on global markets. IMF… Read more »
May 03
Africa: Google Selects 15 African Ai Startups for Accelerator Programme
Google has selected 15 African startups for its latest AI-focused accelerator, targeting early-stage companies building solutions across key sectors including fintech, agriculture… Read more »
April 29
Africa: Airtel Africa Plans $2b London IPO of Mobile Money Unit
Airtel Africa is preparing an initial public offering of its mobile money unit, Airtel Money, which could raise between $1.5 billion and $2 billion, according to people familiar… Read more »
April 27
Africa: Bank of Africa Senegal Q1 Profit Grows As Credit Demand Picks Up
Bank of Africa Senegal (BRVM: BOAS), the Dakar-based lender within the BMCE Group, opened 2026 on a stronger footing, growing net profit by about 10% year-on-year in the first… Read more »
Africa: Ecobank Group Plans $500m Raise to Refinance Debt
Ecobank Transnational Incorporated (BRVM: ETIT) is preparing to raise $500 million through a subordinated debt issue as it moves to refinance part of its balance sheet ahead of a… Read more »
