More
    HomeEcosystem News

    Ecosystem News

    Post-Mortem: How Fintech Startup Zazuu Left Barely £3000 for Investors to Redeem After $2M Funding

    The statement shows that Zazuu's assets are alarmingly meager, totaling a mere £3,300 in cash.

    How £21M of Debt Sank the Fresh Funding Quest for Failed SA Startup WhereIsMyTransport

    Despite raising over $27 million in funding since its inception in 2016, the company had only £180,000 (approximately $225,000) left to settle its obligations as of the date of filing for insolvency...

    Kenyan HR-Payroll Provider Workpay Raises $8.8 Million in New Funding Round

    Kenyan HR and payroll platform Workpay has recently raised $8.8 million in a new...

    Tax Breaks, Funding: Inside the New Startup Act in Ivory Coast 

    Signed into law by President Alassane Ouattara on January 22, 2024, this new Startup Act in Ivory Coast marks a new era for tech entrepreneurship in the country.
    spot_img

    Keep exploring

    The Next Frontier: Why Israeli Tech Giant Commit Just Bought an African Talent Scout

    The acquisition is a validation of the “talent is universal, opportunity is not” thesis that has gained traction across the global south.

    Ex-Mubadala and Goldman Bankers Break Stealth With $1m to Digitise the Turnstile

    “We invested in Knot because the team is solving a complex global problem with a new solution.”

    Can a $1,000 Buy-In Solve Kenya’s Early-Stage Funding Gap?

    Each participant will commit $1,000 towards a syndicated investment chosen collectively by the group.

    Flutterwave Buys Mono as Nigeria’s Open-Banking Shakeout Begins

    The acquisition marks a significant consolidation of fintech infrastructure on the continent.

    Latest articles

    The Next Frontier: Why Israeli Tech Giant Commit Just Bought an African Talent Scout

    The acquisition is a validation of the “talent is universal, opportunity is not” thesis that has gained traction across the global south.

    Ex-Mubadala and Goldman Bankers Break Stealth With $1m to Digitise the Turnstile

    “We invested in Knot because the team is solving a complex global problem with a new solution.”

    Bootstrapped in Ouagadougou: How Bellunic’s Founder Is Digitising Burkina Faso’s Informal Markets

    Yacouba Traore is the first to admit that building a startup in Burkina Faso...

    Algeria’s ‘Forced Marriage’: Why Big Business is Suddenly Swiping Right on Startups

    Algeria’s new innovation tax puts startups on corporate balance sheets.