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    Ecosystem News

    Uber Explores $100 Million Investment in African Startup Moove to Bolster Vehicle Financing

    Uber Technologies Inc. is currently engaged in discussions to invest a substantial $100 million...

    Roam Secures $24M Series A Funding to Accelerate Electric Mobility Expansion in Africa

    Roam, the Kenya-based trailblazer in electric vehicle (EV) innovation in Africa, is gearing up...

    Senegal’s Logidoo Secures $1.55M Seed Funding to Revolutionize African Logistics

    Logidoo, a pioneering force in the African logistics and e-commerce sector, has proudly announced...

    Endeavor Kenya Unveils Inaugural Cohort of Entrepreneurs for ScaleUp Program

    Endeavor Kenya has announced the first cohort of entrepreneurs selected for its Endeavor ScaleUp...
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    “Diversification is Key to Survival for Emerging Market Lenders,” Asaak CEO Says Following 27X Market Growth in Mexico Expansion

    “Our shared investors facilitated the acquisition, making it a natural fit.”

    TLcom Capital Backs Ivory Coast’s HUB2 with $8.5M to Unify Payments Across Francophone Africa

    The investment will enable HUB2 to process €1 billion in transaction volume in 2024, a dramatic leap from the €70 million handled in 2022.

    Kenyan Agri-Fintech VunaPay Tops Latitude59 Pitch, Sets Sights on Europe

    Estonia, home to the highest concentration of unicorns per capita in Europe, continues to play a pivotal role in global tech, with companies like Bolt and Admiral Markets active in Africa.

    Ventures Platform Investor Proparco Appoints Nigerian Head to Oversee East Africa

    In 2022, the agency invested $5 million in Ventures Platform, a Nigeria-based early-stage fund.

    Latest articles

    “Diversification is Key to Survival for Emerging Market Lenders,” Asaak CEO Says Following 27X Market Growth in Mexico Expansion

    “Our shared investors facilitated the acquisition, making it a natural fit.”

    TLcom Capital Backs Ivory Coast’s HUB2 with $8.5M to Unify Payments Across Francophone Africa

    The investment will enable HUB2 to process €1 billion in transaction volume in 2024, a dramatic leap from the €70 million handled in 2022.

    Morocco’s Enakl Raises $1.4M to Help Reduce Urban Congestion and Pollution in African cities

    Since launching its pilot phase, Enakl has achieved significant traction. The platform manages over 15,000 bookings monthly in Casablanca, with a growth rate of 20% per month.

    Ex-Naspers Foundry Chief Joins Prosus Board Following $100M Fund Shutdown

    While Mahanyele-Dabengwa’s board appointment signifies a strong leadership strategy, Naspers is also recalibrating its investment approach.