Senegal-based mobile money platform Wave has raised $137 million in debt financing to accelerate its mission of making financial services more affordable and accessible across West Africa.
Founded in 2018
Solar energy startup d.light has secured over $300 million in new capital to purchase consumer receivables.
The Stanford-founded company is set to scale the distribution of solar home systems
Smilepay, a digital remittance startup backed by Kazana Group, has officially launched its global money transfer service after securing regulatory approval from the National Bank of Ethiopia (NBE).
The platform,
South African Web3 and crypto startup Momint, once seen as a pioneer in the country’s NFT and tokenized asset space, has officially announced it is closing down. The company
Nigerian health tech startup Intron is now expanding into sectors like court transcription and call centers, with live deployments already underway. The startup’s Sahara voice AI suite has outperformed
Africa’s fintech sector is showing signs of recovery after a sharp funding decline between 2022 and 2024. Early-stage fintech startups raised $1 billion in the first half of 2025,
Across Africa, a quiet revolution is unfolding. Tech startups once celebrated as disruptors have matured into market-shaping giants with fintech platforms processing billions, drone networks delivering lifesaving medical supplies, and
Mastercard has struck a partnership with payment solutions provider enza to unlock faster and easier access to payment services for Africa’s growing fintech sector.
The collaboration will give fintech
Zambian startup Caantin is raising $4 million to scale its AI-powered voice infrastructure and expand beyond Africa into new markets, including Latin America.
Initially focused on general AI solutions, Caantin
Ethiopian-founded startup Better Auth has raised $5 million in seed funding to advance its open-source authentication platform.
The company, founded by Bereket Engida and Kinfe Michael Tariku, is focused on
Nigerian e-commerce startup Shoptreo has raised fresh funding to scale its operations and boost global access to locally made artisanal products. While the exact amount remains undisclosed, the round was
Kenyan clean cookstove manufacturer BURN has raised Sh10.4 billion ($80 million) in financing from the Trade and Development Bank (TDB) Group to support the expansion of clean cooking solutions
