More Stories
Madica Deploys $1M into Five African Startups, Expanding into Algeria and Cameroon
The pre-seed investment program broadens its geographic reach beyond Africa's traditional tech hubs, writing $200,000 checks into underserved markets and non-fintech sectors.
Sahel Capital’s SEFAA Deploys $650K to Noma Services to Scale Nigerian Commodity Aggregation
Backed by KfW Development Bank, the Social Enterprise Fund for Agriculture in Africa channels structured debt into Abuja-headquartered Noma to expand staple crop supply chains.
Kenya High Court Voids Vodacom’s $1.6B Safaricom Stake Acquisition, Ordering Shares Returned to State
A three-judge bench strikes down the controversial cross-border transaction, ruling that the government’s divestiture of a strategic national asset violated public participation laws and constitutional thresholds.
Airnergize Capital Secures $239M Clean Energy Fund Anchored by DBSA
Backed by the Development Bank of Southern Africa and major commercial partners, the clean tech platform targets sustainable infrastructure deployment across the continent.
Twiga Foods Enters Administration as $35 Million Rescue Package Falls Short
East Africa's premier B2B retail distribution platform yields to mounting debt and structural pressures after raising over $185 million across its lifetime.
Moroccan LegalTech Charikaty Closes Pre-Seed Round at €3M Valuation to Fuel MENA Expansion
Backed by Gulf investors and regional syndicates, the Casablanca-based digital incorporation platform targets broader compliance and accounting rollouts across Egypt and the GCC.
Synapse Analytics Raises $13 Million Series A Led by Partech to Scale Agentic AI Decisioning for Finance
The Abu Dhabi and Cairo-based AI infrastructure provider secures fresh capital to expand its data-sovereign decisioning platform across financial institutions in the Middle East, Africa, and Latin America.
Nimba Mining Finalizes $300 Million Glencore Pre-Financing Deal to Accelerate Strategic Mineral Assets
The strategic agreement locks in multi-hundred-million-dollar trade-backed liquidity and guarantees off-take channels for up to 60 million tonnes of Guinean bauxite.
Proparco Commits $10 Million to Africa50’s AGIA-PD Fund to Accelerate Green Infrastructure
With early-stage structuring remaining the primary bottleneck for African infrastructure, Proparco’s anchor commitment targets the pre-investment gap to unlock a USD 400 million pipeline of bankable green assets.
Omnia Confirms Advanced Buyout Talks in Potential JSE Takeover
The diversified South African chemicals and fertilizer producer has issued a cautionary announcement, triggering heightened trading momentum across local industrial counters.
Pigee Acquires 55% Controlling Stake in ShipAfrica to Accelerate West African Expansion
The cross-border logistics-tech acquisition highlights an accelerating M&A trend as foreign platforms leverage local infrastructure and carrier networks to scale across the continent.