Ecosystem News Archives - Page 118 of 196

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SOUTHERN AFRICA

Zimbabwe’s National Venture Capital Fund Hunts for Investors in Local Startups

National venture capital funds are rare in Africa, but where they exist, they have demonstrated effectiveness.

August 5, 2024

Venture Capital & Funding Sources

Havaíc Raises $15M to Back African Startups Scaling Into New Markets

This latest fund marks a substantial increase from Havaíc’s previous ventures.

August 2, 2024

WESTERN AFRICA

Nigeria’s Protests Spark Internet Slowdown: Tech Sector on Edge

Social media is abuzz with complaints about the sluggish internet, with some users directly appealing to Elon Musk, noting that even Starlink’s service has been affected.

August 1, 2024

Venture Capital & Funding Sources

Helios Raises $200 Million for Africa Climate Fund

The CLEAR Fund aims to bridge this gap by providing much-needed capital to African businesses working on climate solutions.

August 1, 2024

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Updates

Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.

August 5, 2026

Updates

EFG Finance Takes Majority Stake in Egypt’s First Remittance Aggregator Balad

The transaction hands control of the startup to one of Egypt’s largest financial groups.

August 5, 2026

Airtel Africa Picks London for $245bn Mobile Money IPO but Faces Independence Test

Rapid growth and 56.5m users make it Africa’s hottest tech float. But privately negotiated intra-group fees threaten to cloud its standalone public valuation.

July 23, 2026

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