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    Ecosystem News

    Egypt’s MNT-Halan Raises $41.3m in Fresh Securitisation to Fuel Lending Growth

    The Cairo-based fintech continues to tap the debt markets, converting its loan portfolio into fresh capital as it navigates an inflationary macro environment.

    Egypt Bears Brunt of Regional War as African Startup Funding Dips 8% in Q1

    The downturn contrasts sharply with January and February.

    Novastar Closes $147m Africa Climate Fund as Japanese Corporates Pile Into VC

    The composition of Novastar's Limited Partners (LPs) for NVIII highlights an evolving trend in African VC.

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.
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    Beauty Queens, Bitcoin, and Market Rigging: Inside the Scandal Rocking Africa’s Crypto Pioneer

    A former Miss South Africa, an illiquid stock scheme, and a 20-year ban: regulators have clamped down on the executive team behind Africa’s high-profile Bitcoin treasury pioneer.

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Cash Plus Buys Into Morocco’s Airport Taxi Startup Ahead of 2030 World Cup

    Moroccan airports handled a record 36 million passengers in 2025.

    Jumia Files to Let Four Investors Sell $15m of Shares Two Weeks After Rescue Raise

    The registration statement confirms that some investors who stepped in to save Jumia are already positioning to leave.

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    Beauty Queens, Bitcoin, and Market Rigging: Inside the Scandal Rocking Africa’s Crypto Pioneer

    A former Miss South Africa, an illiquid stock scheme, and a 20-year ban: regulators have clamped down on the executive team behind Africa’s high-profile Bitcoin treasury pioneer.

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    The US Startup Controlling Nigeria’s $1.1bn Clean Energy Pipeline Just Raised $74m

    Odyssey’s deepest institutional footprint is in Nigeria.

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.