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    Ecosystem News

    Tunisia’s Konnect Networks Raises $1.5M to Simplify Online Transactions for Businesses

    Through partnerships with organizations like VISA, Konnect is working to extend secure payment services to previously excluded segments of the population.
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    NORTHERN AFRICA

    Morocco’s z.systems Raises $1M to Empower Traditional Retailers

    z.systems is a rapidly scaling startup dedicated to enhancing the competitiveness of Morocco’s small, independent retailers — locally known as “hanouts.”
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    Ecosystem News

    Sonatel Backs Healthtech Eyone in $1M Round to Digitize Real-Time Medical Record Access

    Sonatel, a subsidiary of the Orange Group, has positioned itself as a key player in digital transformation across West Africa.
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    WESTERN AFRICA

    France’s Largest VC Firm Backs Senegalese AI Startup LAfricaMobile in $7M Series A

    The company raised €500,000 in seed funding in 2020 and secured €4.3 million ($4.6 million) in the first tranche of its Series A in April 2024.
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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."

    Latest articles

    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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