Ecosystem News
Ecosystem News
TymeBank’s Indonesian Expansion Gains Momentum with $2.5M New Funding Support
This partnership marks Tyme’s strategic expansion into Southeast Asia’s financial landscape, building on its established presence in South Africa and the Philippines while offering Finfra valuable international exposure.
Ecosystem News
Nigeria’s Moniepoint Surpasses $1B Valuation in Google-Led $110M Funding Round
Moniepoint joins a small cohort of African 'unicorns', including Interswitch, Flutterwave, and Wave, companies that have redefined how Africans access financial services.
Ecosystem News
Global VC 500 Global Deepens Africa Focus, Taps Senegal’s Dieng to Head African Investment Strategy
Before joining 500 Global, Dieng served as Head of International Partnerships at Draper University and as an Investor Associate at Draper University Ventures.
Venture Capital & Funding Sources
US Gaming VC Tekkorp Capital Stakes Claim in Africa’s Gaming Boom with New Regional Lead
Africa’s gaming sector has emerged as one of the most dynamic regions for gaming investment worldwide.
Ecosystem News
Google Pours $5.8M into Africa’s AI Future
Google’s Digital Opportunity of Africa report predicts that AI could contribute $30 billion to Sub-Saharan Africa’s economy by 2030.
Analysis & Opinion
Analysis & Opinions
Built in the Maghreb, Made in France: North African Startups Seek New Shores as French Support Grows
For many, the move isn't simply a preference but a matter of business survival.
Analysis & Opinions
Investor-Driven Growth or Founder Missteps? Decoding the Pattern of African ‘Big’ Startup Failures
For many founders, the influx of capital brings with it a set of demands that can fundamentally alter the trajectory of their companies.
Analysis & Opinions
A Directory of Active Investors in African Startups for Q3 2024
In Q3 2024, African tech startups faced a significant setback, witnessing a roughly 40% decline in funding activity compared to the same period in 2023.
Analysis & Opinions
Why Are Egyptian Startups Moving Headquarters Abroad, in Droves?
This migration is not just a matter of convenience.
Analysis & Opinions
For African Startups, Monthly Reports Are a Necessity for Landing Follow-on Funding
With the capital environment becoming more competitive, 72.2% of surveyed investors confirmed that they have ramped up their reporting requirements over the last 18 months.
Partner Content
Partner Content
Estonian Tech Event Offers $1.2 Million Boost to African Startups: Applications Open
“Since winning the competition, we have hit 200,000 registered users in Kenya and are now expanding our solution into Rwanda,” shared Samuel Njuguna, CEO and co-founder of Chumz.io.
Partner Content
Deloitte Taps Egyptian Tech Talent with $30M Hub
It aims to employ and develop thousands of Egyptian specialists, with a target to increase its current workforce of 350 to 5,000 in the coming years.
Partner Content
Senegal’s Kopar Express Targets $2.8 Billion Remittance Market with New Government-Backed Neobank
With remittances playing a vital role in the Senegalese economy, contributing approximately 9.8% to the nation’s GDP in 2022, the neobank presents an opportunity for the government to capture a larger share of transaction fees currently paid to foreign intermediaries.
Partner Content
Why Is India’s Zoho Pouring $35M into Egyptian Fintech Giant Fawry?
“Egypt’s vibrant market, with its rich talent pool and innovative business ideas, offers tremendous potential for companies like ours,” said Haidar Nizam, Zoho’s President for the Middle East and Africa.
Partner Content
HOSTAFRICA Expands West African Presence with Strategic Nigerian Buyout
Despite HostAfrica's acquisition spree, competition in the African web hosting market is intensifying.
Governance, Policy & Regulations Forum
Policy & Regulations Forum
Ethiopia’s ‘Endless’ Startup Act: Can New Council Finally Meet Deadlines?
The logic here is simple: if the numbers go up, the policy is working.
Policy & Regulations Forum
Egypt Tightens Grip on Fintech Firms Raising Funds through Securitization
For fintech companies in Egypt already deep into securitization, this new circular means more paperwork — and fast.
Policy & Regulations Forum
Digital Banks Wanted in Eswatini, Urgent Applications Required
The CBE’s decision to prioritize digital banks stems from several challenges in the country’s traditional banking sector.
Policy & Regulations Forum
Will JPMorgan Chase’s African Regional Offices Assist African Startup Banking Needs?
African startups have also faced varying treatment when banking with global institutions.
Policy & Regulations Forum
Tunisia 2025 Budget: Zero Tax on Startup Investments, but Can Founders Bank on It?
The budget proposal also addresses Tunisia’s energy transition, lowering customs duties on imported solar panels from 30% to 10%
All the Latest Articles
Updates
Root Capital Fuels Oyster Agribusiness with Follow-on Investment in $2M Funding Round
Root Capital, a nonprofit lender with a focus on rural prosperity, has been a steadfast supporter of Oyster Agribusiness.
Ecosystem News
TymeBank’s Indonesian Expansion Gains Momentum with $2.5M New Funding Support
This partnership marks Tyme’s strategic expansion into Southeast Asia’s financial landscape, building on its established presence in South Africa and the Philippines while offering Finfra valuable international exposure.
Ecosystem News
Global VC 500 Global Deepens Africa Focus, Taps Senegal’s Dieng to Head African Investment Strategy
Before joining 500 Global, Dieng served as Head of International Partnerships at Draper University and as an Investor Associate at Draper University Ventures.
Partner Content
Estonian Tech Event Offers $1.2 Million Boost to African Startups: Applications Open
“Since winning the competition, we have hit 200,000 registered users in Kenya and are now expanding our solution into Rwanda,” shared Samuel Njuguna, CEO and co-founder of Chumz.io.
Ecosystem News
Nigeria’s Moniepoint Surpasses $1B Valuation in Google-Led $110M Funding Round
Moniepoint joins a small cohort of African 'unicorns', including Interswitch, Flutterwave, and Wave, companies that have redefined how Africans access financial services.
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