How African VC firm Oui Capital returned its first fund with Moniepoint’s unicorn exit
African VC firm Oui Capital invested $150,000 in Nigerian fintech Moniepoint, an early bet that has paid back its first fund.
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SC Ventures, Yabx Invest US$10m in African Fintech Furaha
Standard Chartered's venture arm and Tech Mahindra’s Yabx partner to launch digital lending platform targeting education ...
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Why Fintech leads the way in African startups funding
However, reports from the Tanzania Startups Association indicate that Tanzania’s Fintech sector still lags behind its ...
Founder and funder alignment is key to unlocking real wins in Africa’s tech ecosystem
Johannesburg-based Sona Mahendra's journey through Africa's tech ecosystem reads like a masterclass in pattern recognition.
Fast-growing South African venture FARO raises $6M to source, refurbish and sell surplus clothing
FARO came onto the scene last year and recently raised $6 million to make fashion affordable while combating textile waste ...
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Kenya remains top as African startups raise over KSh 280 million in one year
Kenya emerged as Africa’s top destination for venture capital (VC) investment in 2024, attracting KSh 82.5 billion African startups collectively raised $2.2 billion (KSh 284.6 billion) in 2024 through ...
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African Startups Raise $3.2bn in 2024, down 7% YoY (Partech Africa)
Debt financing saw a double-digit decline over the past year, mainly due to rising interest rates and the strengthening of the U.S. dollar against African currencies. Despite this drop, debt financing ...