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WeeTracker is a premium publication that covers the African digital and startup ecosystem with groundbreaking original journalism. Find the most relevant narratives, analysis, data and more in one place.
News
African E-Commerce Giant Jumia Raises USD 50 M In Equity Funding Led By IFC
African e-commerce company Jumia has raised USD 50 M in post-IPO equity funding, anchored by a USD 25 M investment from the International Finance Corporation (IFC), a member of the World Bank Group. The round also includes investments from existing major
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Morocco's EV Charger Shortage Meets A Fledgling Startup's Unlikely Early Gamble
Morocco's electric vehicle market is heating up. Fully electric car registrations nearly doubled in the first seven months of 2026, jumping 99% to 1,213 units. Electrified vehicles now account for 17% of new passenger car sales, up from 10.5% a year earli
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The New African VC Playbook: Smart Capital Backing Businesses Built To Last
By Ian Lessem, Managing Partner at HAVAÍC African Venture Capital (VC) has entered a new era. The exuberance of the 2021 funding boom has given way to a more disciplined investment environment, where sustainable growth, operational excellence, and credibl
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Nigeria's USD 92 B Crypto Market Stung By New Tax Rules That Operators Call Suffocating
Nigeria's multi-billion-dollar virtual asset market, the largest in Sub-Saharan Africa, risks being suffocated and driven offshore by new tax guidelines that charge levies on transactions regardless of whether users make a profit, an industry coalition ha
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Kenya's Peach Cars' Parent Secures USD 3.7 M Debt To Expand Used-Car Marketplace
The parent firm of Kenyan digital used-car marketplace Peach Cars has secured USD 3.7 M in debt financing from Japan Finance Corporation and Shoko Chukin Bank to expand its vehicle transaction infrastructure in Kenya. Founded in 2020 by Kaoru Kaganoi and
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