A venture capital firm that reports on tech funding trends in Africa, particularly in fintech.
EBRD Backs Nigerian Energy Startup Beacon Power Services in $20.9 Million Grid Modernisation Project
EBRD approved $10 million financing for Beacon Power Services. The project aims to improve electricity distribution and grid management in Nigeria.
Debt now makes up four in ten dollars of African startup funding
African startups raised $1.44 billion in the first half of 2026, slightly up from $1.42 billion in the same period of 2025. The number of disclosed deals fell from 252 to 146, indicating a decline in the number of companies receiving funding.
Fintech Platform littlefish Raises $9.5 Million Series A Funding
littlefish raised $9.5 million in Series A funding on March 24, 2026. The funding round was led by Partech, with participation from TLcom Capital, Flourish Ventures, and Proparco.
littlefish raises $9.5 million to scale its merchant operating system across Africa
Littlefish raised $9.5 million in Series A funding to scale its operations. The startup focuses on building financial infrastructure for small businesses in Africa.
Happy Pay raises $5 million to scale ad-supported BNPL across South Africa
Happy Pay raised $5 million in seed funding to scale its ad-supported payments network. Funding will be used to deepen merchant partnerships and expand distribution channels.
