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Ibn Bacar

Ibn Bacar
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An editor focused on spotlighting African startups, investments, technology, Islamic finance, and halal industries, curating stories that highlight the foundations of Africa’s evolving innovation ecosystem.

Kenya: Delta40 Raises $20M to Scale Early-Stage Startup Investing Across Africa

Kenya-based venture firm Delta40 has secured $20 million to accelerate investment in early-stage startups across Africa, signaling renewed confidence in venture builder models on...

Rwanda Becomes World’s First Country with Nationwide Autonomous Drone Delivery

Kigali, 5 February 2026 — Rwanda has signed a landmark expansion agreement with Zipline that will make it the first country in the world...

Islamic Finance: A Practical Solution for Mozambique’s Startup Crisis

Mozambique’s startup ecosystem is not failing for lack of talent or ideas. It is failing because the financing model is broken. Entrepreneurs across Maputo,...

Local Capital Now Powers Nearly 40% of Africa’s Startup Funding

African investors are playing a bigger role than ever in financing the continent’s startup ecosystem, helping to cushion the impact of a sharp pullback...

Asia and Gulf Capital Reshape Africa’s Startup Ecosytem With $180bn Push

Africa has quietly become one of the world’s fastest-growing technology frontiers, driven by rapid mobile adoption, digital leapfrogging, and a young, innovation-hungry population. Over the...

NBA Africa Introduces Accelerator for Early-Stage African Startups

'Africa Startup Accelerator' is a new initiative designed to support early-stage startups in Africa, specifically in the sports and creative sectors. This program will...

Xente’s Global Business Payment Vision: From Uganda to the World

Xente, co-founded by Francis Nkurunungi, is a fintech platform that streamlines business payments, collections, and financial operations. Targeting medium to large enterprises, Xente offers a...

The Impact of Famunera from Uganda to the UAE

Picture a world where Ugandan farmers seamlessly connect with agribusiness financiers in the United Arab Emirates (UAE), and cooperatives in the Netherlands effortlessly procure...

BuuPass, Kenyan Mobility Startup, Targets Eight New African Markets by 2025

Kenyan startup BuuPass, specializing in digitalizing intercity bus and transportation services in Africa, has ambitious plans to expand into eight new markets by 2025....

AFRICARENA ABIDJAN SUMMIT 2024

This year, Africarena summit goes into its seventh year, and they ate kicking off 2024 with their first summit of the year, the two-day...

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DR Congo’s €8B Digital Plan: Telecom, Data Centers and 700,000 Jobs by 2030

The Democratic Republic of Congo (DRC) has unveiled an ambitious €8 billion ($8.8 billion) digital transformation plan for 2026–2030, aimed at expanding connectivity, modernising...

Kenya dominates Africa Entrepreneurship Awards 2026

The awards ceremony took place during the 13th Sankalp Africa Summit, organised by Aavishkaar Group, Intellecap and Sankalp Forum. The summit convened more than...

Moroccan Fintech WafR Secures $4M to Digitise 20,000 Corner Stores

Morocco-based fintech WafR has raised $4 million in an oversubscribed seed round to accelerate its expansion of last-mile financial services across the country. The...

Only four african countries absorbed 72% of $4.1B startup funding in 2025

Africa’s startup ecosystem raised $4.1 billion in 2025, marking a 25% increase from the previous year. After two years of declining venture flows, the...

Northern Mozambique Gets $2 Million Boost for Small Business Growth

Northern Mozambique has received a fresh economic stimulus with the launch of a US$2 million financing line aimed at supporting micro and small enterprises...