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News
Spiro Raises US$50 Million to Expand Battery-Swapping Network
Spiro, the continent’s leading electric mobility company, has successfully raised $50 million in debt financing to aggressively expand its battery-swapping…
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Startups
Venture Money Built Fairmoney, Deposits Now Demand Something More Concrete
Nigeria’s digital loan boom was built on urgency. School fees due. Rent overdue. A trader short on stock before the…
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News
African Startup Funding in 2025 Hit $3.9B as Local Investors Take Control
African startup funding reached $3.9 billion across more than 500 deals in 2025. On its face, that figure restores a…
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News
The Money Keeps Coming, Just Not for Everyone, as Clean Energy Firms Pull Ahead in Kenya’s Startup Race
Venture capital tends to carry a story about expansion. More deals, more founders, more ideas entering the market. Yet the…
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Startups
HAVAÍC’s US$50 Million African Innovation Fund 3 Achieves Third Close
Cape Town-headquartered venture capital (VC) firm HAVAÍC has announced the third close of its US$50 million African Innovation Fund 3…
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News
Cross Border Payments Remain Africa’s Most Persistent Infrastructure Problem
The conversation around African fintech often begins with access and scale. Fincra CEO Wole Ayodele approached it from a different…