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    Ecosystem News

    “What are you doing?” – Gokada CEO’s Haunting Last Words Echo in Court as Assistant Testifies

    In Manhattan Supreme Court on Monday, Tyrese Haspil further testified about the brutal 2020 murder of Gokada CEO Fahim Saleh.
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    EASTERN AFRICA

    Rift Valley Energy Secures $15 Million Investment to Expand Clean Energy Access in Tanzania

    British International Investment (BII), the UK’s development finance institution, has announced a $15 million...
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    EASTERN AFRICA

    Ethiopia Opens Banking Sector to Foreign Digital Disruptors

    In a historic move, Ethiopia is throwing open the doors of its long-protected banking sector to foreign competition.
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    Venture Capital & Funding Sources

    UM6P Ventures Expands Focus to Fund Pan-African Startups with Up to $700K

    UM6P Ventures, the venture capital arm of Mohammed VI Polytechnic University (UM6P), is expanding...
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    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.
    Updates

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.

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    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.
    Partner Content

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model 

    Latest articles

    Updates

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.
    Updates

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.
    Ecosystem News

    Algerian Super-App Yassir Buys Uno Hypermarkets to Fill the Jumia-Shaped Hole

    The rumoured unicorn is capitalising on Jumia's recent market exit by merging its digital ecosystem with a brick-and-mortar footprint.
    Updates

    After 14 Years of Bootstrapping, Cybervergent Raises $3M Seed to Scale AI Compliance Platform

    The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.

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