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    Ecosystem News

    Appeal Dismissed, Liquidation Confirmed: Court Delivers Final Blow to Mastercard-Backed $106m African Startup Fund

    A South African high court has rejected a final attempt by Africa Founders Ventures and its business rescue practitioner to overturn a winding-up order.

    France’s Digital Africa Launches $58M Seed Fund to Back Overlooked African Tech Markets

    The pan-African initiative backed by the French development finance system is launching its first dedicated seed vehicle, targeting 30 startups across 20 countries.

    SA’s Yoco Hands CEO Role to German Turnaround Specialist as Founders Step Back

    “Exploring a potential IPO would be a two-step process."

    Ghana-Founded Insurtech Pioneer Bima to be Acquired in $119m Digital Health Roll-Up

    Bima, the insurtech startup that began as a micro-insurance pilot in Ghana and scaled to reach millions across emerging markets.

    The Battle for Driver Financing: Gozem’s $24.5M Debt Raise Raises the Stakes for Regional Rivals

    The new facility comes on the heels of a transformative 12 months for the Lomé-based company.
    Analysis & Opinion

    Africa’s New VC Funds Missing from Early 2026 Dealmaking

    The data paints a picture of an early-stage market still dominated by a small group of repeat managers.

    The Quiet Extinction of the African Seed Round: Ten Hard Truths From April’s Funding Data

    If you are a first-time founder with a prototype and a pitch deck, you are competing for a sliver of a sliver.

    Who Funds the Outliers? US Investors Are Bankrolling Nigeria’s Most Experimental Deals

    There is a counterargument that current data cannot disprove.

    Only One in Eight African Tech Investors Wrote Repeat Cheques Last Year. Here’s Why It Matters

    The gap is not a rounding error. It maps directly onto the experience of founders who, after warm introductions and investor meetings

    13 Charts From a Decade of African Exits — And the Uncomfortable Takeaway

    A review of hundreds of acquisitions and listings across Africa's startup ecosystem reveals a market bifurcating.

    Partner Content

    Nigeria’s Alerzo Dissolves Singapore SPVs Amid Asset Freeze and Legal Battle

    The FMCG distribution startup is battling a $2.8m debt recovery suit from Moniepoint as macroeconomic headwinds batter the country's B2B commerce sector.

    The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom

    Global buyers are snapping up Cairo-based marketing startups, capitalising on years of rigorous local consolidation.

    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

    Governance, Policy & Regulations Forum

    From Scale-ups to ‘Foreign Agents’: Uganda’s Fintechs Face a Regulatory Death Sentence

    Ugandans living abroad have found themselves unexpectedly classified as potential threats to the state.

    Egypt’s Central Bank Removes Ownership Cap on Fintechs, Clearing the Way for Bank Acquisitions

    A circular issued recently by the CBE expands the legal definition of "financial companies" to include fintech startups, money transfer operators, and SME lenders.

    South Africa’s AI Framework Fails the Ultimate Turing Test

    A draft national framework is abruptly withdrawn after it emerges that the government's researchers fell for a classic trap: AI hallucinations.

    Why Several African Fintechs Just Quietly Registered in Canada

    The current wave of registrations spans a range of business models.

    End of the $500k Barrier for Foreign-Owned Firms: What Ghana’s New Investment Law Means for Tech Founders

    The country's first major overhaul of investment law in over a decade removes the capital entry thresholds that have quietly blocked hundreds of foreign founders from registering in Ghana.

    All the Latest Articles

    London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia

    The fund targets a critical bottleneck in emerging market climate tech: the lack of growth-stage capital for established operators.

    Appeal Dismissed, Liquidation Confirmed: Court Delivers Final Blow to Mastercard-Backed $106m African Startup Fund

    A South African high court has rejected a final attempt by Africa Founders Ventures and its business rescue practitioner to overturn a winding-up order.

    900% ROI: Behind the Aggressive Maths of South Africa’s Vehicle-Tracking Giant

    Most businesses that spend heavily on marketing can only guess at the eventual return.

    Why E Squared Investments Is Backing South Africa’s ‘All-Female’ Agritech Experiment

    In the landscape of South African venture capital and impact investing, the focus is shifting from high-end fintech to the literal “ground floor.”