Nclude Fund Closes Above $112 Million, With 93% of the Money From African Investors
The Nclude fund, now advised by DPI Venture Capital, closed above $112M with 93% African capital. Here is who paid, what it backs and what founders can expect.
Funding
Endeavor Catalyst Raises $320 Million Fund V: What It Means for African Startups and How to Qualify
Endeavor Catalyst raised $320 million for Fund V, its largest yet. Here is how the fund invests, which African startups it backs and what founders need.
Meta AI Academy Kenya Names 10 Startups: Offline Health Tools, Kiswahili AI and Tax Compliance Lead the List
Meta's AI Academy Kenya pitchathon named 10 startups, from offline triage to Kiswahili AI and eTIMS tax tools. Two winners get $5,000 and an Istanbul pitch.
Flutterwave Share-Backed Loans: Staff Can Now Borrow Against Their Equity Without Selling
Flutterwave share-backed loans let staff borrow against their equity via Techdollar, keeping shares and upside. What we know, and what is still undisclosed.
Spiro Ghana Launch: 100 Electric Motorcycles and a Battery-Swap Network Arrive in Accra
Spiro's Ghana launch puts 100 Ekon electric motorcycles and two-minute battery swaps on Accra's roads, with savings of up to $2 a day promised to riders.
Nigeria Startup Funding Hits $635 Million in Nine Months, Taking Back Africa's Top Spot
Nigeria startup funding reached $635M from January to September 2026, ahead of Egypt, Kenya and South Africa. Four deals made up 69% of it. Here is the data.
Bard Santner wants to turn Zimbabwe’s diaspora remittances into a banking business
Financial advisory firm Bard Santner has secured a microfinance banking licence from the Reserve Bank of Zimbabwe, aiming to convert cross-border diaspora remittance inflows into long-term savings and credit products. The strategic shift seeks to capture non-resident financial flows and build formal banking relationships with Zimbabweans abroad.
Tactful AI Gets Backing From Former e& CEO Hatem Dowidar Ahead of 2027 Series A
Tactful AI, the Egyptian agentic customer-experience startup, adds former e& CEO Hatem Dowidar as an investor after 11.7x ARR growth. What the deal tells us.
Healthleap Raises $38 Million to Catch Hospital Patients Doctors Miss
Healthleap, founded by South African siblings, raised $38M from Sequoia, First Round and Hummingbird to flag hospital patients whose conditions are missed.
Milken-Motsepe Prize: 10 African Circular Economy Startups Named Semi-Finalists for $2 Million
The Milken-Motsepe Prize in Circular Economy has named 10 semi-finalists from Kenya, Ethiopia, Tanzania, Egypt and Nigeria. A $1 million grand prize is at stake.
How Five35 Ventures made 3.5 times its investment on Complete Farmer
Five35 Ventures made 3.5x and a 38% IRR selling its Complete Farmer stake in a secondary deal. Here is what the Ghanaian agritech exit says about African VC.
MNT-Halan IPO: Egypt's Fintech Starts Trading on the EGX After 43.6x Retail Demand
The MNT-Halan IPO drew orders 43.6 times the retail tranche and 11.2 times the private tranche. Shares in Egypt's fintech start trading on the EGX on 20 October.