More
    HomeEcosystem NewsCENTRAL AFRICA

    CENTRAL AFRICA

    French Bank’s African Fintech Arm YUP Leaves Investors with Over $8M Loss Post-Liquidation

    Originally launched in 2017 across seven African countries, including Côte d’Ivoire, Senegal, Burkina Faso, Guinea, Ghana, Madagascar, and Cameroon, YUP was Société Générale’s attempt to penetrate Africa’s fast-growing mobile payments market.

    Gabonese Startups Get First Entrepreneur-Only Bank, BCEG

    The BCEG is entirely funded by Gabonese institutional and private investors, making it one of only two banks in the country controlled by national capital, alongside market leader .

    Gabon Denies Authorizing $5B Fundraising by Cameroonian Fintech Yunus SA

    The 3,280 billion CFA francs claimed by Yunus SA represents nearly 79% of Gabon’s state budget for 2024, which is set at 4,162 billion CFA francs.

    Baobab Network Expands Its Portfolio with New Investments Across Africa

    Baobab Network, a prominent venture capital firm dedicated to supporting innovative startups across Africa,...
    spot_img

    Keep exploring

    ‘Paper Valuations Don’t Return Capital’: Grindstone Launches $31m Exit-Focused Fund

    It will invest from Seed through Series A and retain capacity to provide follow-on funding to its strongest-performing companies.

    Egyptian Fintech Unicorn MNT-Halan Files for Cairo Stock Market Listing

    The non‑banking financial services sector has seen increasing backing from regulatory bodies as part of efforts to accelerate digital inclusion.

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.

    Cash Plus Buys Into Morocco’s Airport Taxi Startup Ahead of 2030 World Cup

    Moroccan airports handled a record 36 million passengers in 2025.

    Latest articles

    ‘Paper Valuations Don’t Return Capital’: Grindstone Launches $31m Exit-Focused Fund

    It will invest from Seed through Series A and retain capacity to provide follow-on funding to its strongest-performing companies.

    Egyptian Fintech Unicorn MNT-Halan Files for Cairo Stock Market Listing

    The non‑banking financial services sector has seen increasing backing from regulatory bodies as part of efforts to accelerate digital inclusion.

    The Three Pressure Points That Can Weaken an Entire Franchise Network

    Larry Hodes, CEO of Grow Franchising & FASA Board Member, writes from Johannesburg, South Africa

    Egypt’s Fintechs’ Next Growth Market

    Cairo's payments and lending groups seem to be converging on a single strategy.