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    Ecosystem News

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.

    South Africa’s Araxi Acquires Fintech Pay@ for $62m to Consolidate Regional Payments

    Over the last 12 months, the company processed more than R60bn ($3.7bn) in transaction value.

    The Electron Gold Rush: South Africa’s Energy Trading Market Enters a ‘Big Bang’ Phase

    For the first time, South African businesses and municipalities are no longer just “customers” — they are “shoppers” in a competitive market.

    Breadfast Raises $50M Pre-Series C as Novastar Leads Rare Late-Stage Bet in Egypt

    The Egyptian quick-commerce player is defying the continent's tech downturn.

    Zambian Neobank Lupiya Raises $11.2m Series A to Expand Across Southern Africa

    Founded in 2016, Lupiya operates as a digital-first financial services provider targeting Zambia’s unbanked and underbanked populations.
    Analysis & Opinion

    Fresh Funds African Tech Firms Can Pitch to in 2026

    The list also features hundreds of the most active funds in 2025.

    Cheap, Collateral-Free, and Non-Dilutive: The ‘Unicorn’ Debt African Founders Are Chasing

    By the time Abuja-based founders start looking for their first serious debt facility, many have already spent months hearing versions of the same answer.

    From Capiter’s Wreckage, a Chinese VC Finds a New Egyptian Bet

    The Beijing-based venture firm was once among the most active early-stage investors in Egypt and the broader African tech market.

    The Unwritten Rules of Running a Blended Finance Fund in Africa

    Nobody publishes them. Nobody formally acknowledges them. But spend enough time inside the data, and the operating logic of Africa’s blended finance ecosystem becomes difficult to ignore.

    The Graduation Gap: Mapping Africa’s Current High-Liquidity Post-Seed Corridors

    Approximately 5% to 21% of African seed-stage startups successfully secure Series A funding, significantly lower than the global average of roughly 33%.

    Partner Content

    Bosta’s Blitz: Can a SuperJet Deal and a Planned IPO Fix Egypt’s Last-Mile Growing Pains?

    Bosta is successfully executing the first half of the “Scale-at-All-Costs”

    Beyond the Handshake: How AI Is Forcing Universities to Rewrite Their Contract with Students

    With 39% of core skills expected to shift by 2030, universities are ditching the lecture hall for project-based 'technical hybrids' and AI-integrated curricula.

    Zero Fees vs. High Inflation: Why Cisco Is Doubling Down on Affinity Africa’s ‘Freemium’ Math

    When Affinity received its Savings and Loans license in 2022, it was the first such permit granted in over a decade.

    Africa’s Growth Problem Isn’t Capital. It’s Leadership Without Collaboration

    Africa’s future won’t be determined by how much money arrives. Ray Langa, Group CEO of Leagas Delaney, writes from Cape Town

    Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

    A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.

    Governance, Policy & Regulations Forum

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.

    Temu’s 13m-User Milestone in Nigeria Triggers a ‘Data Sovereignty’ Showdown

    The regulatory net around Chinese ultra-fast fashion platforms is tightening across Africa.

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain

    Nigerian Tech Is Missing the $1bn Local Debt Party

    While 'Old Economy' giants raised a record ₦1.6tn ($1.12bn) in short-term debt in 2025, Nigeria's tech ecosystem was noticeably absent.

    All the Latest Articles

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.

    Bosta’s Blitz: Can a SuperJet Deal and a Planned IPO Fix Egypt’s Last-Mile Growing Pains?

    Bosta is successfully executing the first half of the “Scale-at-All-Costs”