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    Ecosystem News

    Nigeria’s Central Bank Lifts Suspension on New Accounts for OPay, Kuda Bank

     The Central Bank of Nigeria (CBN) has lifted its restriction on new customer onboarding...

    Britain’s First Digital Bank Unicorn, Revolut, Takes on African Remittance Startups

    London-based Revolut, the UK’s first digital bank to achieve a $1 billion valuation, is...

    African Agtech Startup Gro Intelligence, Funded by EchoVC, Crashes Despite $100M+ Investment

    Gro Intelligence, a Nairobi-founded agricultural insights platform and once a promising unicorn in the...

    Egyptian Middle Mile Logistics Innovator Ecomilez Raises Pre-Seed, Partners with Vhubs for Regional Expansion

    Ecomilez, a leading Egyptian logistics startup specializing in Middle Mile (Linehaul) solutions, has announced...
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    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.

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.

    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.

    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

    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.

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.

    FMO Backs Persistent’s Bid to Build Africa’s Climate Tech Pipeline

    The VB Facility will deliver pre- and post-investment support to startups operating in sectors including distributed solar, energy efficiency, electric mobility, agritech and circular economy solutions.

    From iROKOtv to Showmax: Is the ‘Netflix of Africa’ Dream Officially Dead?

    As Showmax begins its shutdown in the wake of a capital-intensive global streaming war, it joins a long list of well-funded, ambitious local platforms...