Blessed Frank

Exploring Africa's Tech Frontier | Unearthing Startup Gold 💰 | Decoding Crypto & Web3 | Your Guide to Emerging Markets #TechJournalist

Members only

News Analysis

Nigerian AI Startup Intron Health Raises $1.6M Pre-Seed Funding to Enhance Cloud Infrastructure and Speech Recognition Technology

Members only

Daily

Dubai Fintech Startup Mamo Raises $3.4M Fresh Round to Scale and Expand in the Region

Members only

Acquisition

Ticketmaster, the World's Largest Ticketing Company, Acquires SA’s Quicket to Expand in Africa

Members only

MENA

UAE-Based Pathfinder Secures $325M Investment from Silver Rock to Scale Ahead of NASDAQ Listing

Members only

News Analysis

Village Capital Announces an $850K Investment in Nigerian and Kenyan Agtech Startups

Members only

News Analysis

Kenya's One Acre Fund Secures $1.4M in Debt Funding to Bolster Smallholder Farmers in Africa

Members only

Daily

Egypt’s Fintech Giant, MNT-Halan, Secures $157.5M for Regional Expansion

Members only

Daily

Saudi's Logistics Startup OTO Raises $8M in a Series A Round to Expand, Strengthen its Presence in the Region

Members only

News Analysis

Schneider Electric Partners IXAfrica to Launch the NBOX1 Data Center to Catalyze East Africa’s Digital Transformation

Members only

News Analysis

TerraPay Secures $95M Debt Funding to Revolutionize Remittance Services in Africa

Daily

Egypt’s Fintech Dopay Closes $13.5M Series A Extension Round

Dopay, an Egypt-headquartered fintech startup that provides a digital payroll and payments platform serving unbanked and underbanked workers in emerging markets, has announced the closing of a $13.5 million Series A extension round.

Members only

Daily

d.light Secures $176M in Securitization Facility to Roll Out Affordable Off-Grid Solar Products in East Africa

Daily

Oman's Climate Tech Startup 44.01 Secures $37M in Series A Funding

44.01, an Oman-based climate tech startup, has raised $37 million in a Series A funding round co-led by Equinor Ventures and Shorooq Partners. The funding round also saw participation from Air Liquide Venture Capital (ALIAD), Alumni Ventures, Amazon’s Climate Pledge Fund, Climate Investment, Innovation Development Oman, Planet A

Members only

Exclusive Interview

Kristin Wilson on the Innovate Africa Fund's Bold Mission to Tackle African Startups Biggest Challenges

Members only

Features

Kenya Leads African Startup Funding in the First Half of 2024: Factors Behind Success

Over the past few years, venture capital (VC) funding in Africa has been unevenly distributed among its 54 countries. The “Big Four” tech ecosystems—Kenya, Nigeria, Egypt, and South Africa—have consistently attracted more than 70% of the continent's total funding. In 2023, these four nations accounted for about 90%

Members only

News Analysis

NALA Secures $40M in Series A Funding, Marking a Milestone for the Tanzanian Tech Ecosystem

Members only

Press Release

Innovate Africa Launches a $2.5M Angel Fund for Early-Stage Africa-Focused Startups

Paid-members only

MENA

MENA VC Funding Dips by Nearly Half to $882 Million in H1 2024

MENA startups witnessed a VC funding declined from $1.6 billion in H1 2023 to $882 million (-46%) in the first six months of 2024.

Daily

UAE’s Agri-focused Fintech Maalexi Secures $1M Investment from Stride Ventures

Maalexi, a UAE-based fintech startup specializing in agriculture, has successfully raised $1 million in venture debt from Stride Ventures, an Indian venture debt firm. This investment marks a significant milestone for Stride Ventures' international strategy and highlights its broader commitment to the GCC region. The new funding will accelerate Maalexi’

Members only

Features

Revolutionizing International Travel for Africans: The Role of African TravelTech Startups

Members only

New Analysis

EXITS MENA Expands into Saudi Arabia in a Strategic Move to Foster Regional Innovation and Growth

Members only

News Analysis

India’s CoinDCX Acquires BitOasis to Tap into the MENA Crypto Market

Paid-members only

Features

African Tech Startups Face a Funding Winter: Analyzing the H1 2024 VC Landscape

The first half of 2024 has marked a challenging period for African tech startups, with venture capital (VC) funding hitting its lowest point since H2 2020, ($780 million) representing a 31% decline from the second half of 2023 and an even steeper 57% drop compared to H1 2023.

Members only

New Analysis

Colombian Fintech Startup Minka Expands into Africa, Signaling Growing Interest from Latin American Startups

Members only

Press Release

SNPIT Partners Astar Network to Transform Blockchain-Integrated Photography and NFT Marketplaces