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    Ecosystem News

    From King to Fourth: How Nigeria Missed Africa’s Funding Rebound in 2025

    For a country that dominated in 2021 and 2022, this collapse marks a structural shift rather than a temporary lull.

    African Startups Raise $3.1bn in 2025 as Nigeria Slips to Fourth Place

    While the “Big Four” still dominate, their internal hierarchy has been upended.

    What Q4 Investor Behaviour Hints at for African Founders Raising Capital in 2026

    The most striking trend of Q4 2025 is the complexity of the deal structures.

    The Anti-Herd: 12 Deals That Defied Africa’s Tech Funding Playbook in 2025

    In a year when "following the herd" described most African venture activity, these outlier deals stand out for actually taking risk. Which is, theoretically, what venture capital is supposed to do.

    IFC Mulls $13M Equity Stake in Egyptian Grocery Leader Breadfast

    According to data from VNV Global, a key Swedish investor in the startup, Breadfast’s fair value rose by 31% in the first nine months of 2025.
    Analysis & Opinion

    Fragile but Forming: The Reality of Francophone Africa’s Angel Investing Landscape in 2025

    The 2025 data reveals a notable gap: the lack of disclosed investments from successful local entrepreneurs.

    The $2bn Power Play: Why Egypt Is Suddenly Africa’s Hottest Battery Market

    Development finance institutions and private capital are pouring billions into solar-plus-storage projects...

    Nigeria Leads the Charge as Local African VCs Look Beyond Their Borders in 2025

    While global funding cools, local African firms are building new investment corridors - with South Africa emerging as the prime target.

    Local Capital First: Why SA’s R4.6bn Startup Buyout Spree Is Reshaping Africa’s Startup Exit Playbook

    South Africa’s R4.6 billion buyout spree demonstrates that domestic exit markets can flourish in Africa when specific conditions align.

    Africa’s Tech Reckoning: Why 2025 Became the Year of Deals, Departures and Difficult Truths

    A headline funding recovery masks a fundamental restructuring of the continent's startup landscape.

    Partner Content

    Can a $1,000 Buy-In Solve Kenya’s Early-Stage Funding Gap?

    Each participant will commit $1,000 towards a syndicated investment chosen collectively by the group.

    Flutterwave Buys Mono as Nigeria’s Open-Banking Shakeout Begins

    The acquisition marks a significant consolidation of fintech infrastructure on the continent.

    Congo’s €1m “Slow-Build” VC Fund Aims to Defy Central Africa’s Startup Odds

    The centerpiece of the initiative is a 24-month incubation and acceleration program starting in 2026.

    Dot Com Zambia’s IPO Caps a Lively Year for African Tech Listings

    The massive oversubscription in Morocco (Cash Plus) and the solid retail turnout in Zambia (DCZ) debunk the myth that African retail investors won’t buy tech.

    Governance, Policy & Regulations Forum

    Tax Breaks and ‘Theatrical’ Reforms: Can Article 35 Finally Unlock Ivorian Tech?

    Côte d’Ivoire’s efforts signal a shift in attitude: digital startups are no longer seen as boutique hobbies .

    Why Ghana’s Crypto Framework Is a Blueprint for West African Trade

    By: Gillian Darko, Vice President of Strategy, Yellow Card

    Why Morocco’s 2026 FX Reform Matters More Than Another $100m Funding Round

    The old system treated digital businesses as suspicious anomalies.

    Nigeria’s Allegedly ‘Forged’ Tax Laws, Growing Uncertainty — and What Comes Next for Tech Workers

    The timing could hardly be worse. Nigeria’s tech sector, once Africa’s most dynamic, is in freefall.

    Egyptian Fintechs Pivot to Real Estate Funds as Inflation Bites

    The move comes after the Financial Regulatory Authority (FRA) approved a raft of new licenses for digital real estate investment funds (REIFs).

    All the Latest Articles

    Tax Breaks and ‘Theatrical’ Reforms: Can Article 35 Finally Unlock Ivorian Tech?

    Côte d’Ivoire’s efforts signal a shift in attitude: digital startups are no longer seen as boutique hobbies .

    Can a $1,000 Buy-In Solve Kenya’s Early-Stage Funding Gap?

    Each participant will commit $1,000 towards a syndicated investment chosen collectively by the group.

    Why Ghana’s Crypto Framework Is a Blueprint for West African Trade

    By: Gillian Darko, Vice President of Strategy, Yellow Card

    A Bank of Its Own: Will Paystack’s MFB Licence Solve Its Growth Ceiling?

    The acquisition of Ladder MFB provides Paystack with three critical capabilities it previously lacked.