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    Ecosystem News

    Ecosystem News

    Telegram Ads, Money Mules and $16bn: The Shadow Corridors Linking China to Africa

    Chinese-language money laundering networks (CMLNs) have begun openly marketing their financial services to operators in five sub-Saharan African countries, according to latest reports.
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    Ecosystem News

    Jumia Secures $50m IFC-Backed Emergency Raise After Total Equity Crashes 98%

    African e-commerce group Jumia Technologies was left with just $367,000 of total equity at the end of June
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    Ecosystem News

    From Lagos Ride-Hailing to Global Robotaxis: Moove Raises $250M at $2.1B Valuation

    The valuation represents a 2.8-fold increase from the $750mn the company commanded in its $100mn Series B round led by Uber in 2024.
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    Ecosystem News

    Canal+ and General Catalyst Back African Payments Startup Moment in $22M Series A

    “Within three years of launch, we are processing for some of Africa’s leading brands.”
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    HR Startup Jem Raises $8.4M Series A to Expand WhatsApp-Based Workforce Platform

    The investment reflects growing interest in African workforce technology aimed at deskless employees.
    Industry

    From Matchmaker to Fund Manager: Why Exits MENA Is Buying Its Way Into Direct Investment

    The Cairo-based advisory platform is taking control of a bank-backed private equity vehicle, a move that blurs the line between deal broker and principal investor.

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    Industry

    Post-Office Relief: US Kills BOI Rules in Stealth Win for Foreign Tech

    By dismantling beneficial ownership registers, Washington inadvertently protected foreign tech entrepreneurs from fines and privacy leaks.
    Industry

    SA Repeat Founders Process Over $60m in Six Months With Stablecoin Safari Startup

    Cape Town-based start-up uses stablecoins and a merchant-of-record model to undercut transaction fees that have long burdened African tourism businesses.

    Latest articles

    Updates

    HR Startup Jem Raises $8.4M Series A to Expand WhatsApp-Based Workforce Platform

    The investment reflects growing interest in African workforce technology aimed at deskless employees.
    Industry

    From Matchmaker to Fund Manager: Why Exits MENA Is Buying Its Way Into Direct Investment

    The Cairo-based advisory platform is taking control of a bank-backed private equity vehicle, a move that blurs the line between deal broker and principal investor.
    Partner Content

    African Tech Groups Turn to Singapore as Venture Capital Gateway

    This is not an exit from local markets, according to advisers who work on such transactions.
    Updates

    Nigerian Defence-Tech Startup Terra Industries Closes $52M Seed Round and Plots London Office

    The Lagos-founded autonomous systems company has added $18m to its seed financing and plans to expand manufacturing in Ghana while opening its first international office in London.

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