littlefish raised $9.5 million in a Series A round to expand its merchant operating system across African markets. The round was led by Partech, with participation from TLcom Capital, Flourish Ventures and Proparco. Founded in 2021 by Brandon Roberts and Miod Davith Kahwa, the company provides a platform that connects banks with merchants by integrating…
Adenia Partners reached a first close of $180 million for its Adenia Entrepreneurial Fund I, hitting its hard cap less than a year after launch. The fund is the first in a new strategy focused on control investments in small and lower mid-cap companies across Africa, a segment often described as undercapitalised despite its size…
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a press conference in Sydney, Australia, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Australia’s central bank on Tuesday raised benchmark policy rates for a second straight time, pushing them to their highest since April 2025 at 4.1%. The 25…
Yazi, a South Africa based research technology startup that operates through WhatsApp, raised its first institutional funding round at a pre money valuation of 30 million rand, or about $1.6 million. The round was led by 3 Capital Ventures, an early stage venture firm created by investment manager Allan Gray. The company did not disclose…
From left: Lucas Johnson-Barker and Jurgen Stroebel (representatives from 3CV), Timothy Treagus, CEO and co-founder of Yazi, and Mzwandile Sotsaka, CTO and co-founder of Yazi. AI-native research platform Yazi has raised its first institutional funding round from early-stage venture firm 3 Capital Ventures (3CV) at a pre-money valuation of R30 million. Founded in Cape Town…
Orca Fraud has raised $2.35 million in seed funding to expand its real-time fraud monitoring platform across Africa and other emerging markets. The round was led by Norrsken22 with participation from OneDayYes, Enza Capital and CV VC Africa. Founded by Thalia Pillay and Carla Wilby, the company provides software that monitors financial transactions in real…
Addis Ababa — The African Union Commission (AUC) has voiced deep concern over the rising tensions in the Persian Gulf, warning that recent incidents targeting key infrastructure could threaten regional stability and disrupt the global economy. Chairperson of the Commission, Mahmoud Ali Youssouf, said the AUC is closely monitoring developments in the Gulf as a…
Weego, a Moroccan-Senegalese mobility startup, raised $1.1 million in a funding round led by Azur Innovation Fund to expand its transport platform across Africa. The company operates a mobility-as-a-service application that integrates different transport options into one interface. Users can access public transit, ride-hailing and other services through the platform. Weego was founded in 2020…
Afreximbank President, Dr George Elombi addresses the 50th Regular Meeting of the Conference of Heads of Government of the CARICOM in Basseterre, St. Kitts and Nevis Pan African Multilateral Bank, African Export-Import Bank (Afreximbank), has announced a major expansion of its engagement with the Caribbean Community (CARICOM), increasing its regional financing limit from US$3 billion…
Kenya-based electric mobility company Spiro has secured $50 million in new funding to expand its battery-swapping network and electric two-wheeler operations across Africa. The round includes debt financing from Afreximbank and participation from Nithio and Africa Go Green Fund, managed by Cygnum Capital. It follows a $100 million raise announced last year. Spiro operates assembly…
