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    Ecosystem News

    MultiChoice’s Fintech Arm ‘Moment’ Reaches $80M Valuation Following Recent $22M Funding Round

    Founded in 2023, Moment is a joint venture between MultiChoice, payments platform Rapyd, and venture capital firm General Catalyst.
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    WESTERN AFRICA

    Beacon Power Services Raises $29.8M Series A Funding, Backed by Partech

    The new funding will enable BPS to expand its operations beyond Nigeria and Ghana into additional markets across Eastern and Southern Africa.
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    Ecosystem News

    Moroccan Logistics Startup Colis.ma Secures New Pre-Seed Funding for Cross-Border Expansion

    This is not the first time Colis.ma has attracted investor attention.
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    EASTERN AFRICA

    BasiGo Secures $42M to Electrify Public Transport in Kenya and Rwanda

    The Series A equity round was led by Africa50, a pan-African infrastructure investment fund, marking a major milestone as the largest investment by an African fund in an electric mobility company.
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    SA Serial Founder Vinny Lingham Locks In Fastest Exit Yet With Rumi.ai Sale

    The South African-born entrepreneur and investor continues his run of form, selling his AI meeting startup to the US subsidiary of ASX-listed Decidr.
    Ecosystem News

    Spiro Lands $215M to Expand Its Battery-Swapping Network for Africa’s Motorcycle Taxis

    The latest equity injection, disclosed today, comes just four months after a $50m debt facility and pushes total disclosed funding beyond $415m.

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    Partner Content

    The Anti-VC Pivot: Wasoko Founder Launches $100M Fund to Back Migration and Manufacturing

    "Venture-scale returns are only possible in a small subset of business models."
    Hard Talks

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."

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    Updates

    SA Serial Founder Vinny Lingham Locks In Fastest Exit Yet With Rumi.ai Sale

    The South African-born entrepreneur and investor continues his run of form, selling his AI meeting startup to the US subsidiary of ASX-listed Decidr.
    Ecosystem News

    Spiro Lands $215M to Expand Its Battery-Swapping Network for Africa’s Motorcycle Taxis

    The latest equity injection, disclosed today, comes just four months after a $50m debt facility and pushes total disclosed funding beyond $415m.
    Partner Content

    The 90-Day Value Window: The New Playbook for Tech Hiring?

    Instead of matching salaries offered by banks, telcos, or remote global employers, early-stage companies can win by...
    Updates

    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

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