Ecosystem News
CENTRAL AFRICA
Cameroon’s Fako Capital, I&P’s Latest Anchor Fund, Targets $500K Investments in High-Growth Startups
Fako Capital joins a growing network of African impact funds nurtured by I&P
Ecosystem News
Algeria’s Startup Ministry Produces Three Ministers in Landmark Cabinet Reshuffle
These appointments signify how the startup ministry, established recently in 2020 to nurture the country’s entrepreneurial ecosystem, has become a critical talent pipeline for Algeria’s government.
Ecosystem News
Algeria’s Disruptor Startup Minister Replaced in Cabinet Reshuffle
Oualid, who assumed office in 2020 at just 26 years old, made headlines as Africa’s youngest minister at the time.
WESTERN AFRICA
Nigeria Devalues Local Currency by 75% in 2025 Budget: Tech Industry on Red Alert
The startup ecosystem, once a magnet for foreign capital, has been decimated.
Latest Funding
Egypt’s Swvl Raises $4.7M for US Market Expansion
Swvl intends to channel the proceeds into working capital and operational expansion, particularly in regions with high growth potential.
Analysis & Opinion
Analysis & Opinions
The Ecosystem Within: Nigerian Startups Partner More With Each Other Than With Outsiders
With partnerships reported by 68% of respondents in the last decade, the ecosystem leans heavily on a “collaborative survival” model.
Analysis & Opinions
Over $120M Raised, $20K Left: Copia Global’s Investors Turn Cold Post-Chapter 7 Bankruptcy
Yet, the story isn’t without its silver linings.
Analysis & Opinions
A Lonely Path: More African Founders Turn to Family Over Colleagues for Mental Wellbeing
As pressures mount in Africa's nascent startup scene, more founders turn to familiar sources for support - and it's rarely their investors or even their colleagues.
Analysis & Opinions
Back to Build: The Growing Influence of Returnee Emigrants in Africa’s Tech Ecosystem
Gregory Johnson, co-founder of mPharma, left behind a promising career at Google to return to Africa and confront the challenges in healthcare head-on.
Analysis & Opinions
The Rise of Full-Time VCs: African Accelerators Pivot to Venture Capital in Record Numbers
For many African-focused VC firms, transitioning to the VC model comes with thinking mostly like VCs.
Partner Content
Partner Content
Lesaka’s Acquisition Streak Continues, Utility Innovator Recharger Snapped Up in $28M Deal
Recharger operates a base of over 460,000 registered prepaid electricity meters, catering to landlords and tenants.
Partner Content
South African Fintech Mama Money Rolls out New WhatsApp-based Bank Cards
The Mama Money Card is making it much easier for under-served communities to get their own bank service where all they need is proof of identity such as a passport, asylum document or South African ID to register for Mama Money on their phone.
Partner Content
Open Source Leader CNCF Partners with Andela to Train 30,000 Africans in Cloud Technology, Free of Charge
The program, scheduled to launch next year, will span two to three years.
Partner Content
Swvl Secures New $4.2 Million in Egyptian Contracts as Questions Surround Financial Stability
The contracts come on the heels of Swvl’s strategic five-year deal with e& Egypt, a telecommunications leader, valued at up to $6.3 million.
Partner Content
With Over $160M Deployed Globally, develoPPP Ventures Opens Doors to Startups in Côte d’Ivoire
develoPPP Ventures, which has already seen success in other major African markets — including Ghana, Nigeria, Kenya, Tanzania, Rwanda, and South Africa.
Governance, Policy & Regulations Forum
Governance, Policy & Regulations Forum
In Francophone West Africa, Payment Cards are Run by Banks, Not Fintechs
The COVID-19 pandemic played a catalytic role in accelerating digital payments. In 2023, digital payment transaction volumes surged by 33.78%
Policy & Regulations Forum
Egyptian and Nigerian Fintechs Return to Local Debt Markets Amid Stricter Fundraising Rules
The reliance on local debt instruments is not new for African startups.
Policy & Regulations Forum
Kenya Struggles to Deliver on Key Digital Nomad Visa
Kenya’s announcement of a Digital Nomad Work Permit in October 2024 garnered widespread attention...
Policy & Regulations Forum
Central Bank’s Age Policy Shift Unlocks New Customer Base for Egyptian Fintechs
This age shift is expected to bring millions of new users into Egypt’s formal banking system.
Policy & Regulations Forum
Auto-Entrepreneur Cards Sweeping North Africa: Tunisia Joins, But There’s More Under the Surface
The Tunisian auto-entrepreneur card is open to all legal-age freelancers operating in over 100 approved industries.
All the Latest Articles
Updates
Uganda’s KaFresh Secures Funding to Extend Fresh Produce Longevity
Made from plant-based materials, including overripe fruits, the solution delays spoilage by reducing oxidation and microbial decay.
CENTRAL AFRICA
Cameroon’s Fako Capital, I&P’s Latest Anchor Fund, Targets $500K Investments in High-Growth Startups
Fako Capital joins a growing network of African impact funds nurtured by I&P
Partner Content
Lesaka’s Acquisition Streak Continues, Utility Innovator Recharger Snapped Up in $28M Deal
Recharger operates a base of over 460,000 registered prepaid electricity meters, catering to landlords and tenants.
Governance, Policy & Regulations Forum
In Francophone West Africa, Payment Cards are Run by Banks, Not Fintechs
The COVID-19 pandemic played a catalytic role in accelerating digital payments. In 2023, digital payment transaction volumes surged by 33.78%
Partner Content
South African Fintech Mama Money Rolls out New WhatsApp-based Bank Cards
The Mama Money Card is making it much easier for under-served communities to get their own bank service where all they need is proof of identity such as a passport, asylum document or South African ID to register for Mama Money on their phone.
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