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    Ecosystem News

    Village Capital Boosts African Agritech Startups with $1.2M Investment

    This funding comes as part of Village Capital’s Reducing Inequalities Investment Facility, backed by FMO’s MASSIF Fund, which has now invested $1.6 million across four startups.

    US Bank Mercury Closes Startup Accounts in 13 African Countries After Massive Cyberattack

    While customer funds remained secure, the attackers downloaded sensitive customer information, including names, social security numbers, bank account numbers, and contact information.

    Launch Africa Investment Series: South Africa’s Shiprazor Receives Funding

    Shiprazor’s end-to-end management capabilities encompass a Shipping Aggregator, Fleet Management System (FMS), Returns Management System (RMS), Customer Experience/Notification System, and Address Verification System, ensuring a seamless logistics process from start to finish.

    With Over 200 Angels, $10M Renew Venture Lab Fund 2 Seeks Asset-light African Startups

    “Our journey began in 2012, and since then, we’ve been committed to supporting innovation and growth in African startups.”
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    Sabou Capital Injects $2M Into Nigerian Tomato Paste Maker Tomato Jos as Import Ban Reshapes Market

    The impact-linked debt deal will help the Kaduna-based company expand its farmer network and processing capacity.

    Tether Bets on Africa’s Feature Phones in $4.4M Sorted Wallet Deal

    Digital asset companies Tether and Gnosis have co-led a $4.4 million seed round into Sorted Wallet, a Hong Kong-headquartered startup building a non-custodial stablecoin wallet designed to run on low-cost feature phones and entry-level smartphones. The investment marks a growing recognition among crypto infrastructure...

    Nigeria’s Alerzo Dissolves Singapore SPVs Amid Asset Freeze and Legal Battle

    The FMCG distribution startup is battling a $2.8m debt recovery suit from Moniepoint as macroeconomic headwinds batter the country's B2B commerce sector.

    The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom

    Global buyers are snapping up Cairo-based marketing startups, capitalising on years of rigorous local consolidation.

    Latest articles

    Sabou Capital Injects $2M Into Nigerian Tomato Paste Maker Tomato Jos as Import Ban Reshapes Market

    The impact-linked debt deal will help the Kaduna-based company expand its farmer network and processing capacity.

    Tether Bets on Africa’s Feature Phones in $4.4M Sorted Wallet Deal

    Digital asset companies Tether and Gnosis have co-led a $4.4 million seed round into...

    From Scale-Up to Step-Down: The Six Patterns Defining Africa’s Tech CEO Exodus

    Most of these companies raised their defining early rounds during a narrow window when African tech attracted serious institutional capital for the first time.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.