Dodai raises $13M in Series A to revolutionise African transport with electric motorbikes and battery-swapping, starting in ...

Eswatini startup Swoop raises $7.3 million seed round to launch food delivery in Lagos and build a pan-African super app ...

Lula (formerly Lulalend), the South African SME lending platform, has announced a R340 million ($21 million) local-currency funding injection from FMO, the Dutch entrepreneurial development bank. The ...

South African startup Shiprazor raises $2.65M to simplify delivery infrastructure and scale shipping for African e-commerce ...

Lidya, the Nigerian-founded digital lending platform aimed at financing small and medium enterprises (SMEs), has ceased all operations, informing customers it is in “severe financial distress” and is ...

Stripe-owned fintech Paystack has acquired Ladder Microfinance Bank, a move that signals its expansion from payment processing into regulated banking services in Nigeria. The acquisition gives ...

Metro Africa Xpress (MAX), a Nigeria-based mobility and vehicle-financing company, has raised $24 million in a funding round combining equity and asset-backed debt, as it scales its electric mobility ...

NovFeed, the Tanzanian biotechnology innovator, has been awarded the grand prize in the prestigious 7th Africa’s Business Heroes (ABH) Competition. Co-founded by Diana Orembe, the company secured a ...

ANKA, the pan-African software-as-a-service (SaaS) and commerce infrastructure company, has announced its acquisition of select assets by the Global Shop Group for an undisclosed sum. The strategic ...

Brass, a Nigerian fintech startup, has been acquired by an investment group led by Paystack, with participation from PiggyVest, Ventures Platform, P1 Ventures and angel investors Oo Nwoye and Olumide ...

Artificial Intelligence (AI) isn’t just for tech giants anymore. In 2025, small businesses are using AI to slash overhead costs and compete with much larger players—often for less than the cost of a ...

Terra Industries, an African defence technology startup, has raised an additional $22 million, increasing its ongoing funding round to $34 million. The extension follows an earlier $11.8 million raise ...