Startup

Fintech has been of age in Nigeria—at least six years. So if the CBN bans Opay, one of the early birds in the sector, now, it’s not about misunderstanding. Six years is a long enough time for Opay to understand its business risks—including competition, regulation, customers—in Nigeria. While the company…

The round included new investment from Uber and participation by existing investors including Mubadala and valued Moove at $750m, further validating the company’s business model The investment will enable Moove to scale globally extending its operations to 16 markets by the end of 2025 Funding comes after a year of…

Egypt, a land synonymous with ancient wonders and desert landscapes, is writing a new chapter in its storied history as an agricultural marvel in Africa. In striking defiance of its arid environment, Egypt has emerged as the continent’s leading producer of key crops, transforming the narrative of what’s possible in…

Kenya-based start-up to scale investment in thousands of Primary care clinics through new technology and enhanced business model Ilara Health, the healthtech company digitising and consolidating  highly fragmented primary care in Kenya, has announced the close of a $4.2M pre-series A round of equity and debt. Led by DOB Equity, the round…

Agriculture has long been the backbone of Nigeria’s economy, employing a significant portion of the population and contributing to the nation’s GDP. Historically, the northern region has been the agricultural hub, leveraging its vast lands and favorable climate. However, the southern part of Nigeria, with its diverse ecosystems and climates,…