A US aid pullout nine months ago triggered fears of an ecosystem collapse. But while early-stage startups are failing in record numbers, late-stage mega-deals are pushing funding to new highs. What's really going on?
A 2025 analysis reveals over $50M in angel-backed deals as organized networks professionalize to fill the pre-seed void, but a total lack of exits poses a long-term threat.
A mix of established mini-grid operators, a family-run business, and a media giant's new energy venture are among the first to receive funding to build hundreds of solar mini-grids across Nigeria.
The Cairo-based fintech fund has joined the Moroccan B2B e-commerce startup's Series A extension, betting on its push into embedded finance and Banking-as-a-Service.
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.
