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    Ecosystem News

    From Startup CFO to Overnight Millionaire: How SWVL Employee Stock Options Minted a New African Millionaire

    Three years ago, Youssef Salem joined SWVL, a rising Egyptian transportation startup, as their...

    dLocal Devastated in Nigeria: 78% Loss Sees Egypt Become Africa’s Payments King

    In a significant shift within Africa’s financial landscape, Egypt has surpassed Nigeria to become...

    European VC Openseed Wants to Invest up to $150K in African Startups

    Maria Rotilu, a former investor with Octopus Ventures and Oxford Seed Fund, is launching...

    Spiro Secures $50 Million Debt Financing to Expand Electric Vehicle Presence in Africa

     African electric vehicle (EV) company Spiro has signed a $50 million debt financing agreement...
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    Rooftop Solar Startup Wetility Secures $27.7m to Reach 1m South African Homes

    The transaction represents one of the largest private solar financing rounds aimed at the consumer energy segment in South Africa to date..

    Egypt’s Elsewedy Capital Takes Unlikely Leap Into Startup Investing

    Elsewedy Capital’s venture turn follows a broader trend of Egyptian corporates entering the startup funding space.

    From Dakar to Marseille: Southern France Woos African Startup Founders

    For founders considering a European expansion strategy, southern France — often overlooked in favor of Paris or Berlin — may now be worth a serious look.

    MTN’s Fintech Spinoff Could Be the Biggest Shake-Up in African Finance Yet

    With millions of users, billions in transactions, and deepening investor interest, MTN’s fintech arm is no longer a sideshow.

    Latest articles

    Rooftop Solar Startup Wetility Secures $27.7m to Reach 1m South African Homes

    The transaction represents one of the largest private solar financing rounds aimed at the consumer energy segment in South Africa to date..

    Egypt’s Elsewedy Capital Takes Unlikely Leap Into Startup Investing

    Elsewedy Capital’s venture turn follows a broader trend of Egyptian corporates entering the startup funding space.

    Cape Town AI Energy Startup Open Access Energy Raises $1.8M to Boost Electricity Trading Infrastructure

    The startup says the funding will accelerate product development and customer acquisition as it prepares to meet growing demand for flexible, decentralised energy infrastructure.

    US Data Firm Acquires Safiyo to Expand in African Consumer Insights Market

    While financial details of the acquisition were not disclosed, the integration will see Safiyo operate as part of ACKWEST’s global insight engine.