TLG Capital closes $5 million credit facility for Zambian SME lender Shona Capital

TLG Capital has provided a $5 million credit facility to Shona Capital Zambia to scale SME lending and address financing gaps in the country.

Madica invests $600K in Kilimo Fresh, Hakimu, Biovana pre-seed round

Madica invests $200,000 each in Kilimo Fresh, Hakimu, and Biovana, expanding its African startup portfolio and launching a pre-seed fundraising guide.

GoSwap raises first funding round to expand battery-swap network for electric scooters in Morocco

GoSwap raises $2M to expand its electric scooter battery-swapping network in Morocco, cutting costs and boosting EV adoption.

South Africa’s littlefish raises $9.5M Series A

littlefish secures $9.5M Series A led by Partech to help African banks offer payments, POS, and SME tools without relying on fintech middlemen.

Happy Pay raises $5M to build an ad-funded payments network that charges consumers nothing

Happy Pay has raised $5 million to expand its ad-funded BNPL platform in South Africa. The startup shifts the cost of credit from consumers to merchants, offering zero-interest installment payments.

Orca Fraud raises $2.35m to scale its fight against fraud across Africa

South African fintech Orca Fraud has raised $2.35 million in an oversubscribed seed round led by Norrsken22 to expand real-time fraud intelligence for banks and fintechs across Africa.

Weego raises $1.1 million to modernise urban mobility across Morocco

Weego has raised $1.1 million from Azur Innovation Fund to expand its multimodal transport platform across Morocco and prepare for regional growth

Quidax partners Lisk to anchor the future of digital finance in Africa

Quidax has partnered with Lisk blockchain to expand regulated crypto trading, stablecoin access, and Web3 infrastructure across Africa.

Afreximbank and others lend $50 million to Spiro

Spiro secures $50 million from Afreximbank and others to expand its electric motorcycle and battery-swapping network across Africa.

Investor relations as brand communications: beyond pitch decks

The strongest founders understand that investor relations is not something you switch on when you need capital and switch off when the round closes. It is a discipline of ongoing communication that compounds trust over time.

Nigerian mobility player MAX raises $24 million to scale electric vehicle financing

Nigerian mobility startup MAX has raised $24 million in equity and debt to expand electric vehicle financing and clean transport infrastructure across Africa.

Cardtonic raises $2.1 million to build Pil, its standalone business spend infrastructure

Cardtonic has raised $2.1 million in seed funding to build Pil, a standalone B2B card spend management platform for African businesses.