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    Ecosystem News

    Hlayisani Raises $30M to Tackle South Africa’s Series A Drought

    The firm typically seeks significant minority stakes in companies requiring equity investments of between USD600K — USD6M

    African Startups Raise $340m in February as Debt Eclipses Venture Equity

    This month, Nigerian venture capital firms were the largest exporters of capital.

    Afreximbank Deepens Bet on Spiro With Over $200m in Backing in Two Years

    The rapid succession of capital injections makes Spiro one of the most heavily capitalized e-mobility players operating on the continent.

    Beltone Widens Its Investment Stack to Capture Growth-Stage Winners

    The Cairo-based financial group is expanding its investment stack beyond early-stage bets.
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    Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round

    Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group.

    Meet the 15 Startups Renew Capital Is Backing to Build Africa’s Next Lenders

    The 15 companies, which hail from 10 countries including Ghana, Nigeria, Kenya, South Africa, Morocco and Senegal.

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval

    From Tax Bots to Farm Finance, Hyper-Local AI Is South Africa’s New Battleground

    In an ecosystem often criticised for importing foreign business models, this wave of localised AI, built on proprietary, hard-to-replicate datasets, represents a native competitive advantage.

    Latest articles

    Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round

    Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group.

    Meet the 15 Startups Renew Capital Is Backing to Build Africa’s Next Lenders

    The 15 companies, which hail from 10 countries including Ghana, Nigeria, Kenya, South Africa, Morocco and Senegal.

    PAPSS Inches Closer to Continent-Wide Coverage as Central African Central Bank Joins

    Bank of Central African States' decision brings six CEMAC countries into pan-African payment network.

    Nigeria Launches Hunt for VC Manager to Run $50m Japan-Backed Startup Fund

    The fund will target pre-seed to pre-Series A startups operating across agriculture, healthcare, education, energy, and waste and water management.