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    Ecosystem News

    Tanzanian Fintech Nala Raises $40M Series A for Global Expansion

    This $40 million funding round marks a pivotal moment for Nala. It will enable us to go beyond remittances and extend our reach beyond Africa, building a robust payments ecosystem

    Candi Solar Secures $19 Million to Boost Clean Energy in Africa

    When we started in South Africa, load shedding was not a big topic...

    Ghanaian Agritech Startup Sommalife Raises New Funding to Expand Operations

    This investment from Wangara Green Ventures will enable Sommalife to expand its operations, reaching more farmers in rural communities...

    Earlybird AI Secures $800K to Tackle Unemployment with Voice-First AI Software

    Adeyemi-Adams’ motivation for establishing the platform stems from her personal journey, having experienced homelessness and participated in various employment support programs.
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    The Commoditisation of LLMs Is Driving a Spree of Micro-AI Acquisitions

    Large language models can scrape the web, but they can't replicate deep domain expertise. From Cairo cold-emails to Cape Town acqui-hires, tech giants are paying up to buy niche capabilities.

    IFC Eyes $90M Equity Stake in Airtel Money as London IPO Gathers Momentum

    World Bank arm joins proposed listing of African fintech processing $245bn annually.

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    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.

    Latest articles

    The Commoditisation of LLMs Is Driving a Spree of Micro-AI Acquisitions

    Large language models can scrape the web, but they can't replicate deep domain expertise. From Cairo cold-emails to Cape Town acqui-hires, tech giants are paying up to buy niche capabilities.

    IFC Eyes $90M Equity Stake in Airtel Money as London IPO Gathers Momentum

    World Bank arm joins proposed listing of African fintech processing $245bn annually.

    Why a Beninese Gaming Founder Gave Up on Game Monetisation to Digitise West Africa’s Tontines

    After hitting a 12% conversion wall with mobile money in gaming, founder Teddy Kossoko has pivoted Gara to digitise the region’s informal savings market.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.