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    Ecosystem News

    From Bangalore to Lagos: The Rise of Indian Tech Influence in Nigeria

    Dubbed the “Engineering Mobility Program,” the strategy...involves relocating engineers from Flutterwave’s African offices to Capgemini’s offices in Bangalore, India.

    Africa’s Leading Accelerator Becomes VC Firm 54 Collective. With Tighter Investment Mandate

    “We’re narrowing our sectoral focus to concentrate on early-stage startups where our support can make a more significant difference.”

    Egypt’s Lucky ONE Secures $3M to Expand Credit Platform and Regional Footprint

    The funding marks a significant milestone for the company as it accelerates its path to profitability, targeting Q1 2025 for this achievement.

    North Africa Operations Save Jumia as Currency Woes Land Heavy Blows in Nigeria

    North Africa, primarily driven by Egypt, witnessed growth, while West Africa, heavily reliant on Nigeria, experienced a decline.
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    HR Startup Jem Raises $8.4M Series A to Expand WhatsApp-Based Workforce Platform

    The investment reflects growing interest in African workforce technology aimed at deskless employees.

    From Matchmaker to Fund Manager: Why Exits MENA Is Buying Its Way Into Direct Investment

    The Cairo-based advisory platform is taking control of a bank-backed private equity vehicle, a move that blurs the line between deal broker and principal investor.

    Post-Office Relief: US Kills BOI Rules in Stealth Win for Foreign Tech

    By dismantling beneficial ownership registers, Washington inadvertently protected foreign tech entrepreneurs from fines and privacy leaks.

    SA Repeat Founders Process Over $60m in Six Months With Stablecoin Safari Startup

    Cape Town-based start-up uses stablecoins and a merchant-of-record model to undercut transaction fees that have long burdened African tourism businesses.

    Latest articles

    HR Startup Jem Raises $8.4M Series A to Expand WhatsApp-Based Workforce Platform

    The investment reflects growing interest in African workforce technology aimed at deskless employees.

    From Matchmaker to Fund Manager: Why Exits MENA Is Buying Its Way Into Direct Investment

    The Cairo-based advisory platform is taking control of a bank-backed private equity vehicle, a move that blurs the line between deal broker and principal investor.

    Nigerian Defence-Tech Startup Terra Industries Closes $52M Seed Round and Plots London Office

    The Lagos-founded autonomous systems company has added $18m to its seed financing and plans to expand manufacturing in Ghana while opening its first international office in London.

    Africa to LatAm: Busy Mobility Fintech Route Gets a Yango Mafia Boost

    Fuelled by informal workforces and bank credit gaps, vehicle-financing platforms are building cross-continental empires.