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    Ecosystem News

    Fintech Startup Rubyx Secures $1.6M to Help African Businesses Offer Automated Lending

    The Senegal-based fintech platform uses advanced algorithms to assess loan applications and automate the lending process.

    Now Defunct, Agritech Startup Gro Intelligence Has a Mountain of Court Cases to Climb

    For Sara Menker, who is now representing herself in court, these legal battles represent a stark contrast to the heights she once achieved as a leader of a tech unicorn.

    Ride-Hailing Company Bolt Caught in the Middle of a Fierce Nigeria-South Africa Digital Crossfire

    The online battle quickly descended into a “Bolt for Bolt” exchange, with users on both sides vowing to outdo the other.

    Saudi Prince Backs Egyptian Climatetech Startup NoorNation

    NoorNation, founded in 2021 by Ragy Ramadan, has developed a groundbreaking product called LifeBox. This innovative solution delivers clean energy and safe water to rural communities, farms, and tourism businesses, offering a much-needed alternative to traditional, often unreliable, energy sources.
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    Vercel Extends Acquisition Spree With Egypt’s Stakpak Deal

    P1 Ventures vindicated as Vercel snaps up second portfolio company in a week.

    Karooooo’s Delivery Arm Rides Quick-Commerce Wave as Fleet-Tracking Core Matures

    South African vehicle-tracking group Karooooo is quietly building a second growth engine in the form of an ultra-fast delivery business that is expanding at more than twice the pace of its established Cartrack fleet-management operations. The company, which is listed on Nasdaq with a secondary...

    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.

    Koko Networks Puts Ethanol Platform on the Block in $15m Asset Sale

    The sale is being targeted at corporate and institutional participants with demonstrated financial capacity to conclude a transaction exceeding $15m.

    Latest articles

    Vercel Extends Acquisition Spree With Egypt’s Stakpak Deal

    P1 Ventures vindicated as Vercel snaps up second portfolio company in a week.

    Karooooo’s Delivery Arm Rides Quick-Commerce Wave as Fleet-Tracking Core Matures

    South African vehicle-tracking group Karooooo is quietly building a second growth engine in the...

    Uber to Acquire Glovo and Talabat’s African Operations Under Delivery Hero’s $16.9bn Takeover

    Transaction will give US ride-hailing and delivery group a foothold in fast-growing markets including Egypt, Kenya and Nigeria.

    Rooibos Becomes South Africa’s Latest Export — to Space

    Low-Earth orbit becomes testing ground for South African agritech Rooibos seeds bound for the International Space Station in initiative linking space plant science with skills development.