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    Ecosystem News

    Europe’s EIB Backs Speedinvest to Channel $230M Into African Fintech Startups

    The Vienna-based VC firm has formalised a new vehicle targeting fintech and mobile-first startups across North and Sub-Saharan Africa.

    Dutch VC Aqua-Spark Secures $48m for African Blue Economy Fund, Backed by KfW and AgriFI

    The close marks the culmination of a fundraising process that began in 2021.

    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.

    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...
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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.

    Latest articles

    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.