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    Ecosystem News

    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.

    Egypt’s Government Hands Over Its National Startup Map to the Private Sector

    Data transparency has long been a sticking point in MENA tech. Valuation numbers are often hushed, and funding rounds can be opaque.

    Delta40 Secures $20M for Africa’s First Integrated Studio-and-Fund Model

    The studio typically writes initial checks between $100k and $500k. However, the real value proposition is the “capital leverage.”

    Egypt’s Beltone Buys Baobab Group in $235M Deal to Expand Into Nigeria and Francophone Africa

    Historically known as an Egyptian brokerage and asset manager, Beltone has spent the last 18 months repositioning itself as a technology-led financial conglomerate.

    ‘Don’t Wait for a Cash Crunch’: The $70M Debt Playbook from Lula’s Trevor Gosling

    In 2025, African tech reached a tipping point. For the first time, debt financing across the continent’s startup ecosystem surpassed the $1 billion mark.
    Analysis & Opinion

    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%.

    Death by Paperwork: How African Governments Quietly Became Their Startups’ Biggest Risk

    How regulation - once an afterthought in Africa's startup boom - quietly became the continent's most powerful market force. And what happens when it arrives too late, too fast, and all at once.

    Africa’s 100 Most Active Tech Startup Investors — Ranked by Deal Activity (2025)

    Local and pan-African funds such as Digital Africa and Launch Africa Ventures continue to drive volume at the earliest stages, absorbing the risk of experimentation and market discovery.

    From 5x Returns to 70% Losses: What VNV’s African Bets Say About Egypt’s Tech Reset

    When VNV Global released its December 2025 portfolio valuations, the Swedish investment firm’s African holdings painted a stark picture of Egypt’s tech ecosystem

    Nine Key Trends That Shaped African Tech Funding in January

    For founders, the January figures offer practical insight into which strategies work in the current environment.

    Partner Content

    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.

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.

    When a Multilateral Bank Goes Seed-Stage: Afreximbank’s Startup Gamble

    This accelerator is not a standalone experiment; it is the logical progression of a more aggressive investment strategy.

    Profits in the Gulf, Compliance Headaches at Nasdaq: The $35m Race to Save Swvl’s Ticker

    Despite the operational turnaround, Swvl is still fighting for its life on the public markets.

    Governance, Policy & Regulations Forum

    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.

    Egypt’s Fintech Reformer Is Named Minister of Investment

    Farid’s elevation comes at a moment when Egypt is under pressure to restore investor confidence, attract foreign capital, and modernize an economy strained by inflation, currency volatility, and global uncertainty.

    Multiple-Entry Visas for VCs: Can Egypt’s New Startup Charter Slow Founder Exodus to Riyadh and Dubai?

    The North African giant has unveiled a $5bn bet on reversing its brain drain. But can bureaucratic reform compete with Gulf petrodollars?

    Five Months In: Why West Africa’s Fintech Giants are Still Holding Out on Interoperable Payments

    The PI-SPI, launched on September 30, 2025, was designed to be the “Great Connector” for the eight-nation West African Economic and Monetary Union (WAEMU).

    All the Latest Articles

    African Startup Deal Tracker — Newest Deals

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

    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

    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%.

    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.

    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