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Courageous Capital: How Africa Built its Own Tech Ecosystem
Africa’s tech sector has been thriving for almost three decades, during which its entrepreneurs have quietly built a self-sustaining ecosystem. And as Marsha Wulff at LoftyInc Capital explains, instead of government and charitable institutions taking the lead, it has been Africa’s own innovators who have developed its tech infrastructure and driven its commercial success. She explores how African entrepreneurs and investors have built a vibrant and resilient tech ecosystem that addresses the continent's unique needs — and taps its massive growth potential.
- Categories
- Investing, Technology
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Proparco Backs Early-Stage Tech Fund in Africa
The investment aims to strengthen early-stage technology financing in Francophone Africa and support startups operating in high-growth digital sectors.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Nigeria’s CreditChek Raises $600,000 to Expand its Credit Data Infrastructure Across East Africa
With this new funding, CreditChek plans to deepen its integrations across key East African markets, working closely with banks, microfinance institutions, and fintech lenders.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Africa Jobs Fund Launched to Mobilise $100 Million Philanthropic Investment to Boost Workers’ Incomes
The AJF launches as a fund of Renaissance Philanthropy, the non-profit founded by former White House science advisors Tom Kalil and Kumar Garg to design and run time-bound, thesis-driven philanthropic funds led by field experts.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Mastercard and Banco Sol Strengthen Collaboration to Drive SME Growth in Angola
This collaboration strategically leverages Mastercard's dedication to fostering financial inclusion through innovative payment solutions and Banco Sol's commitment to strengthening small businesses in underserved communities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Bfree Raises $3.1 Million to Tackle Africa’s Growing Digital Loan Crisis
Unlike traditional debt collection firms, Bfree uses artificial intelligence and machine learning tools to analyse borrower behaviour, estimate repayment capacity, and create personalised repayment arrangements.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Namibia-Based Firm to Back Early-Stage Southern African Startups With $10 Million Fund
The fund will focus on sectors including fintech, agritech, healthtech, education, clean energy, e-commerce, and enterprise software.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Thunes and Vodacom Tanzania Launch Cross-Border M-Pesa Payments for Uganda and China
Thanks to the collaboration, Vodacom customers in Tanzania can now seamlessly pay merchants in Uganda and China directly from their mobile phones.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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