54 Collective Shuts Down After Court Orders Liquidation Over $106M Mastercard Foundation Grant Dispute. 54 Collective, the venture firm formerly known as Founders Factory Africa, has byBolu BabalolaJuly 24, 2025
Africa’s First Digital SEZ Launches Full-Stack AI Growth Zone to Bridge Continental Infrastructure Gap. Itana aims to keep African AI talent from relying on expensive foreign GPU byFatima OladunniJuly 24, 2025
Egyptian Fintech Flend Raises $3M Seed Round to Digitize SME Lending Across MENA Egyptian digital SME lending platform Flend has closed a $3 million seed funding byBolu BabalolaJuly 24, 2025
Moroccan superapp ORA raises $7.5M Series A to digitize North Africa’s cash-heavy economy. Morocco-based superapp ORA Technologies has closed a $7 byBolu BabalolaJuly 21, 2025
Africa NewsNovember 22, 2024 VALR, a South African crypto exchange, doubles its user base to 1 million in 2024. VALR, Africa’s largest cryptocurrency exchange by trade volume, doubled its user byFausat Abiola
