AfricaWorks Insights
AfricaWorks Insights
June 17, 2025 at 02:30 PM
🚀 Egypt’s DisrupTech Ventures has invested in Nigeria’s Winich Farms as part of its Pre-Series A round, marking its first pan-African bet on agri-fintech. 🌾 Winich connects 180K+ smallholder farmers to markets and finance across 29 Nigerian states, using digital tools like Winich Cards to boost inclusion and productivity. 🌍 The startup plans to scale continent-wide, tapping into the growing demand for traceable, tech-driven agricultural supply chains. 🚚 Egyptian fintech Octane has raised $5.2M to digitise fleet fuel and expense management across MENA. 💳 Its unified fleet wallet—covering fuel, cash, and EV charging—serves 1,600+ companies and 250K+ vehicles via 2,800 stations. ⚡ The new funding will fuel expansion and tackle inefficiencies in Egypt’s logistics-heavy economy. 🏆 Cape Town’s Loop has won the pitch competition at Sentech Africa Tech Week, outshining 6 African startups with its bold mobility and digital payments solution. 💳 Loop enables safer, cashless transactions for small businesses and transport providers, positioning itself to scale across Africa. 🌍 CEO Imtiyaaz Riley says the win signals that Africa is ready for homegrown innovation that moves real value in underserved communities. 🇳🇬📲 Nigerian-founded fintech LemFi has acquired UK-based credit startup Pillar, marking a major leap beyond remittances into debit cards, multi-currency wallets, and credit services for migrants. Now serving 2M+ users and processing $1B+ monthly, LemFi is scaling fast across the UK and EU — backed by $86M in funding and a vision to empower the global African diaspora. 🌍💳
Image from AfricaWorks Insights: 🚀 Egypt’s DisrupTech Ventures has invested in Nigeria’s Winich Farms ...

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