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    Ecosystem News

    Former Tesla Exec Raises $9.5M for Zeno to Power Swappable EV Battery for East Africa’s Bodabodas

    The core innovation of Zeno is its swappable lithium-iron-phosphate (LFP) battery. Drivers can swap out depleted batteries at strategically located stations rather than waiting for them to recharge.
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    NORTHERN AFRICA

    Egypt’s SETTLE Raises $2M to Automate B2B Payments and Collections

    Founded in 2023 by Mostafa Mubarak and Camille Sayour, SETTLE aims to fill a long-standing gap in Egypt’s digital economy by focusing on B2B financial operations.
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    Ecosystem News

    IFC’s New $20M Loan Extension to SA Digital Lender Lulalend Targets Women-Led SMEs

    This loan agreement follows Lulalend’s $35 million Series-B funding round earlier last year, which the company described as “transformational” for its operations.
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    Latest Funding

    South African Buy Now, Pay Later Startup Happy Pay Secures $1.8M Pre-seed

    Happy Pay, which was established in 2023, has quickly gained traction with its Buy Now, Pay Later (BNPL) service, amassing 150,000 active users in just over a year.
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    Botswana Tech Fund Seals First Close With £5M From Lansdown Family Office

    The Botswana Tech Fund (BTF), domiciled in Guernsey and targeting a total size of £50m.
    Updates

    Context Is the New IP: Inside the New Wave of Africa’s Early-Stage AI Micro-M&A

    The trend also reflects the commoditisation of foundation models.

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    Why Europe’s Development Bank Is Writing Multi-Million Euro Checks for Egyptian Fintechs

    “This isn’t just about capital; it’s a powerful validation.''
    Partner Content

    From Pilot to Profit: Kenya’s Jackfruit Finance Takes Its School Lending Model Across East Africa

    The move to a revenue-sharing arrangement marks a transition away from subsidised pilot funding.

    Latest articles

    Updates

    Botswana Tech Fund Seals First Close With £5M From Lansdown Family Office

    The Botswana Tech Fund (BTF), domiciled in Guernsey and targeting a total size of £50m.
    Updates

    Context Is the New IP: Inside the New Wave of Africa’s Early-Stage AI Micro-M&A

    The trend also reflects the commoditisation of foundation models.
    Partner Content

    Donor-Backed AI Health Tools Proliferate Across Africa, but Sustainability Remains Elusive

    Gates-funded report finds 20 deployed solutions delivering tangible results, yet most rely on short-term grants and lack independently verified cost savings
    Ecosystem News

    Africa Go Green Tests a New Debt Model for African Carbon Projects With BioLite Financing

    The transaction comes at a moment of reckoning for carbon-financed clean cooking in Africa.

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