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    Ecosystem News

    Catalyst Fund Raises $30 Million in Second Close for African Climate Adaptation Vehicle

    Venture capital firm draws in IFC, Shell Foundation and Trafigura Foundation to back start-ups addressing climate shocks.

    Local Investors Stage Partial Comeback in African Tech After Sharp First-Half Retreat

    June funding rounds show a recovery in the share of Africa-based investors, but several prominent funds remain absent and the revival is concentrated in a handful of markets.

    Inside the Room: The Five-Year Negotiation That Got Ghanaian Pensions to Back Venture Capital

    A new fund-of-funds has done something that has never been done before in Ghana — persuaded pension trustees to allocate to private equity and debt vehicles. The journey took half a decade...

    Revolut’s Morocco Ambitions Hit a Wall as Regulator Puts Priorities Elsewhere

    A meeting in Rabat confirmed the fintech's intent, but Bank Al-Maghrib Governor Abdelatif Jouahri made it clear that licensing a foreign neobank is not on the immediate agenda.

    NewTrails Capital, Backed by Africa’s Leading Smartphone Manufacturer, Invests $55M in EV Startup Spiro

    The Chinese growth-stage fund - whose backers include Transsion Holdings, the Shenzhen company that dominates Africa's mobile phone market ...
    Analysis & Opinion

    Seven Brutal Truths About African Tech Startup Funding in H1 2026

    The typical founder is raising less than half of what they raised a year ago.

    Pitch Decks vs. Prospectuses: The Messy Courtship of Africa’s Tech Scene and Old-Money Bourses

    From Windhoek to Lagos, stock exchanges across the continent are wooing startups with structured pipelines, listing incentives, and MOU ceremonies. The startups are mostly politely non-committal.

    While Others Fled, This Nigerian Corporate VC Kept Writing Cheques

    Whether the firm is a model to be replicated or an anomaly born of specific circumstances is a question that the market is still answering.

    The Short, Unfinished Life of PayPal’s $100 Million Emerging Markets Fund

    Emerging market fintech funding has already cooled from its 2021–2022 peaks.

    Nigeria’s Startup Graveyard Has Become a Bargain Bin for Buyers

    With fewer, larger funds calling the shots, patience for fragmented markets has evaporated.

    Partner Content

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval

    From Tax Bots to Farm Finance, Hyper-Local AI Is South Africa’s New Battleground

    In an ecosystem often criticised for importing foreign business models, this wave of localised AI, built on proprietary, hard-to-replicate datasets, represents a native competitive advantage.

    Proparco Anchors Rare Moroccan LP Position in EmTech’s New $60M Early-Stage Fund

    The fund plans to invest in around 20 startups, writing cheques of between $500,000 and $3m in pre-Series A and Series A rounds.

    Governance, Policy & Regulations Forum

    Nigeria’s Banking Crackdown Catches Fintechs Chasing Microfinance Licences

    The regulator revokes 46 permits, including those acquired by digital lenders eager to vault into deposit-taking.

    West African Payments Reform Gets Three-Month Reprieve for Fintech Operators

    The move offers a short reprieve in what has become a high-stakes infrastructure struggle between a determined regulator and an industry whose business models are built on proprietary rails.

    A Reprieve for Kenya’s Electric Vehicles. But for How Long?

    Kenyan EV players are well aware of this cyclical pattern.

    Nigeria’s Central Bank Orders Fintechs to Split Their Payments Empires — or Divest

    The CBN is forcing dominant payments groups to choose between issuing and acquiring, triggering the most dramatic reshaping of Africa's largest fintech market in a decade.

    All the Latest Articles

    Novastar Ventures Targets AI-Native African Startups With Google-Backed Lab

    The initiative is part of a broader push by Google to deepen its understanding of AI use cases emerging from African markets.

    Nigeria’s Banking Crackdown Catches Fintechs Chasing Microfinance Licences

    The regulator revokes 46 permits, including those acquired by digital lenders eager to vault into deposit-taking.

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval

    Catalyst Fund Raises $30 Million in Second Close for African Climate Adaptation Vehicle

    Venture capital firm draws in IFC, Shell Foundation and Trafigura Foundation to back start-ups addressing climate shocks.

    African Startups Surpass $1bn in First-Half Funding Despite Slower Equity Flows

    Debt and climate finance drive a structural shift as the total for the year reaches $1.208bn, though it trails last year's pace.