Startups

EXCLUSIVE

CFO of Y Combinator-backed Vendease steps down

Mohamed Chaudry, CFO and COO Vendease

EXCLUSIVE

African migrants could pay more to send money home under Trump’s new US tax bill

A paper plane with foreign currencies

EXCLUSIVE

Valu secures Egyptian exchange listing approval after $27M capital injection

Valu Egypt

EXCLUSIVE

As Africans focus on tech skills, Remote4Africa wants to find them jobs

Remote4Africa

EXCLUSIVE

Africa’s VC Reckoning: Why Investors Are Now Betting on Purpose-Driven Innovation

african VC

EXCLUSIVE

Innovate Africa Fund’s focus on ‘wicked problems’ is shaping how African startups can solve problems

Kristin Wilson, Managing Partner, Innovate Africa Fund

EXCLUSIVE

Sylndr raises $15.7m to digitise Egypt’s used-car sector

Vehicle with Sylndr logo on it

EXCLUSIVE

MaxAB-Wasoko deepens Egypt footprint with Fatura acquisition

MaxAB Wasoko acquires Fatura

EXCLUSIVE

Sycamore, Drive45, others win big at Cascador Pitch Day

Cascador Alumni

EXCLUSIVE

Morocco’s Sand to Green wins $50K grant as African climate startups attract global funding

Founders of Sand to Green

EXCLUSIVE

Emergency response platform AURA raises €13.5M to expand into US market

AURA South Africa

EXCLUSIVE

Why fixing women’s health is key to improving African economies

Femtech solutions

EXCLUSIVE

Chowdeck launches in Ghana with customer reward and rider training scheme

Chowdeck launch in Ghana

EXCLUSIVE

4 African startups that shutdown in Q1 2025

Startup shutdowns in Q1 2025

EXCLUSIVE

TeKnowledge launches AI-First Expert Services in Lagos, eyes expansion across Africa  

TeKnowledge executive team

EXCLUSIVE

Google for Startups leads $1.4 million investment in Nigeria’s Platos Health

Women sitting in a hospital lab

EXCLUSIVE

Ghana’s Complete Farmer is connecting African farmers to global markets 

Complete Farmer team

EXCLUSIVE

Africa’s startup funding rebounds in April 2025, South Africa and Egypt lead 

startup

EXCLUSIVE

Top African countries for startup funding in 2025: Q2 performance forecast

Top African Countries for Startup Funding in 2025

EXCLUSIVE

MoneyFellows raises $13m to digitise traditional savings and expand beyond Egypt

Some members of the Money Fellows team.

Mohamed Chaudry has stepped down as CFO and co-COO of Vendease during a critical restructuring phase.


The US House has approved a controversial 5% tax on remittances by non-citizens, a move that threatens revenue for African fintechs.


Egyptian BNPL fintech Valu has gained approval to list on the EGX and raised $27m from Saudi investors. This move aims to strengthen Valu’s capital and expand its digital services.





Egypt’s Sylndr has raised $15.7m to expand its digital platform for buying, selling, financing, and servicing used cars


MaxAB-Wasoko acquires Fatura from EFG Finance, expanding its B2B marketplace in Egypt and accelerating its goal of consolidating Africa’s fragmented retail supply chain.



Moroccan startup Sand to Green has secured $50K at the DeepTech Summit 2025, signalling rising global interest in African climate-tech solutions


AURA, a South African emergency response startup, has raised €13.5M to expand into the U.S. and scale its API-driven service that connects users to nearby responders.



Chowdeck, a Nigerian delivery startup, has officially launched in Ghana, with a customer reward scheme and a rider training programme.




Backed by Google and Tesla, Nigerian healthtech startup Plato Health has raised $1.4 million in pre-seed funding to scale its AI-driven platform and smart medical devices



African startups raised $343 million in April 2025, a significant boost from the $50 million funding in March 2025



With 8.5 million users and profitability in Egypt, MoneyFellows plans to launch in Morocco and explore other African and South Asian markets fuelled by $13 million in funding.


CFO of Y Combinator-backed Vendease steps down

Vendease’s CFO, Mohamed Chaudry, resigns amid a major company restructuring that includes layoffs, a strategic pivot to software, and a renewed search for funding.

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African migrants could pay more to send money home under Trump’s new US tax bill

US lawmakers have passed a bill to tax remittances by non-citizens, a move that could disrupt African fintechs and reduce the $90bn diaspora inflows critical to the continent.

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Valu secures Egyptian exchange listing approval after $27M capital injection

Valu, Egypt’s BNPL leader, secures EGX listing approval and $27m Saudi funding to boost expansion.

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As Africans focus on tech skills, Remote4Africa wants to find them jobs

Remote4Africa is building Africa’s remote workforce one job at a time. Fully bootstrapped and self-sustaining, the platform connects African talent to global opportunities through curated and vetted listings.

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Africa’s VC Reckoning: Why Investors Are Now Betting on Purpose-Driven Innovation

Africa’s VC landscape is evolving from growth-obsessed to impact-focused. Despite…

Follow the story

Innovate Africa Fund’s focus on ‘wicked problems’ is shaping how African startups can solve problems

Innovate Africa Fund supports entrepreneurs tackling the continent’s most persistent problems, and Managing Partner Kristin Wilson discusses the challenges and tips for building scalable, sustainable startups.

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Sylndr raises $15.7m to digitise Egypt’s used-car sector

Egypt’s Sylndr raises $15.7m to modernise used-car sales with tech-driven platform for buying, selling, financing, and servicing vehicles.

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MaxAB-Wasoko deepens Egypt footprint with Fatura acquisition

After merging in 2024, MaxAB-Wasoko continues its consolidation streak by acquiring Egypt’s Fatura, bringing 626 wholesalers and new city expansions under one unified B2B platform.

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Sycamore, Drive45, others win big at Cascador Pitch Day

Sycamore, Drive45, Crop2Cash, and 24Seven were standout winners at Cascador Pitch Day, securing over ₦4 billion in financing to accelerate their growth.

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Morocco’s Sand to Green wins $50K grant as African climate startups attract global funding

Moroccan agritech startup Sand to Green has won a $50K grant at the DeepTech Summit, spotlighting Africa’s rising climate-tech sector and growing investor interest in sustainable innovation.

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Emergency response platform AURA raises €13.5M to expand into US market

AURA has raised €13.5M in Series B funding to expand into the U.S. and develop a global dispatch network that connects users with nearby emergency responders, regardless of national borders.

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Why fixing women’s health is key to improving African economies

In this chat with Techpoint Africa, Margaret Ntambi, Partner at Velocity Digital, explores the potential of femtech in Africa, highlighting how investing in solutions for women’s health can drive economic growth and improve lives across the continent.

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Chowdeck launches in Ghana with customer reward and rider training scheme

Nigerian delivery startup Chowdeck has officially launched in Ghana, introducing a customer referral scheme, a tiered reward system and an extensive rider training programme

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4 African startups that shutdown in Q1 2025

In Q1 2025, most startup shutdowns in Africa were Nigerian. These shutdowns highlight ongoing challenges in funding, operations, and sustainability across the continent’s growing tech ecosystem.

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TeKnowledge launches AI-First Expert Services in Lagos, eyes expansion across Africa  

TeKnowledge has launched its AI-First Expert Services in Nigeria, marking seven years of local impact and setting bold plans to expand across Africa, with Nigeria as its largest global tech hub.

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Google for Startups leads $1.4 million investment in Nigeria’s Platos Health

Backed by Google for Startups and angel investors from Tesla, Nigerian healthtech startup Plato Health has raised $1.4 million in pre-seed funding to scale its AI-driven platform and smart medical devices that help users monitor and manage chronic conditions from home.

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Ghana’s Complete Farmer is connecting African farmers to global markets 

Using a blend of tech, finance, and human networks, Complete Farmer is helping farmers in Ghana and Togo to access an international market and has its sights set on an expansion to Côte d’Ivoire.

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Africa’s startup funding rebounds in April 2025, South Africa and Egypt lead 

Africa’s startup funding bounced back in April 2025, pulling in $343 million as South Africa and Egypt led the funding landscape.

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Top African countries for startup funding in 2025: Q2 performance forecast

Despite a marginal YoY dip, African startups still attracted $460 million in Q1 2025. We analyse the drivers for startup funding, where the money is going, and what founders should know as the year unfolds.

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MoneyFellows raises $13m to digitise traditional savings and expand beyond Egypt

MoneyFellows raises $13m to digitise traditional savings groups and expand beyond Egypt, starting with Morocco later this year.

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Mohamed Chaudry has stepped down as CFO and co-COO of Vendease during a critical restructuring phase.


The US House has approved a controversial 5% tax on remittances by non-citizens, a move that threatens revenue for African fintechs.


Egyptian BNPL fintech Valu has gained approval to list on the EGX and raised $27m from Saudi investors. This move aims to strengthen Valu’s capital and expand its digital services.





Egypt’s Sylndr has raised $15.7m to expand its digital platform for buying, selling, financing, and servicing used cars


MaxAB-Wasoko acquires Fatura from EFG Finance, expanding its B2B marketplace in Egypt and accelerating its goal of consolidating Africa’s fragmented retail supply chain.



Moroccan startup Sand to Green has secured $50K at the DeepTech Summit 2025, signalling rising global interest in African climate-tech solutions


AURA, a South African emergency response startup, has raised €13.5M to expand into the U.S. and scale its API-driven service that connects users to nearby responders.



Chowdeck, a Nigerian delivery startup, has officially launched in Ghana, with a customer reward scheme and a rider training programme.




Backed by Google and Tesla, Nigerian healthtech startup Plato Health has raised $1.4 million in pre-seed funding to scale its AI-driven platform and smart medical devices



African startups raised $343 million in April 2025, a significant boost from the $50 million funding in March 2025



With 8.5 million users and profitability in Egypt, MoneyFellows plans to launch in Morocco and explore other African and South Asian markets fuelled by $13 million in funding.