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    Ecosystem News

    ‘Don’t Wait for a Cash Crunch’: The $70M Debt Playbook from Lula’s Trevor Gosling

    In 2025, African tech reached a tipping point. For the first time, debt financing across the continent’s startup ecosystem surpassed the $1 billion mark.

    South Africa’s Lula Bags $21M to Double Down on SME Lending

    The Cape Town-based fintech has secured R340m ($21m) in local currency funding from the Dutch development bank FMO to bridge the country's massive credit gap.

    GoCab Secures $45M to Challenge Moove in the Race for Africa’s Gig-Worker Assets

    Founded in 2024 by former investment bankers Azamat Sultan and Hendrick Ketchemen, GoCab’s strategy bypasses the traditional leasing model.

    Koko Networks’ Lenders in Limbo as World Bank-Backed Clean Cooking Giant Collapses

    The era of carbon-subsidised clean cooking has hit a wall
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    Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round

    Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group.

    Meet the 15 Startups Renew Capital Is Backing to Build Africa’s Next Lenders

    The 15 companies, which hail from 10 countries including Ghana, Nigeria, Kenya, South Africa, Morocco and Senegal.

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval

    From Tax Bots to Farm Finance, Hyper-Local AI Is South Africa’s New Battleground

    In an ecosystem often criticised for importing foreign business models, this wave of localised AI, built on proprietary, hard-to-replicate datasets, represents a native competitive advantage.

    Latest articles

    Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round

    Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group.

    Meet the 15 Startups Renew Capital Is Backing to Build Africa’s Next Lenders

    The 15 companies, which hail from 10 countries including Ghana, Nigeria, Kenya, South Africa, Morocco and Senegal.

    PAPSS Inches Closer to Continent-Wide Coverage as Central African Central Bank Joins

    Bank of Central African States' decision brings six CEMAC countries into pan-African payment network.

    Nigeria Launches Hunt for VC Manager to Run $50m Japan-Backed Startup Fund

    The fund will target pre-seed to pre-Series A startups operating across agriculture, healthcare, education, energy, and waste and water management.