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    Ecosystem News

    Kenya: New 10% Competition Rule for Digital Companies – What You Need to Know

    The Bill introduces “digital activities”. This term encompasses a broad range of online services, such as online marketplaces, search engines...

    E-Commerce Startup Copia Retreats from East and West Kenya as Cash Crunch Bites

    Copia Kenya, an e-commerce startup once hailed for its innovative business model, has ceased...

    South African Health-Tech Startup ALMA Clinics Secures $2.8 Million for Expansion

    ALMA Clinics, a nurse-led, tech-enabled private primary healthcare clinic, has successfully secured $2.8 million...

    Tech Dream Goes Haywire: Salaries Crash, Software Developers Seek Emigration from South Africa

    The information technology (IT) sector in South Africa experienced a slowdown in hiring during...
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    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."

    Latest articles

    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

    NALA Secures up to $50M Credit Facility From MUFG-Backed Liquidity to Pre-Fund Stablecoin Payment Corridors

    "At some point our business was more than doubling every other quarter, we grew faster than we could handle pre-funding for single-direction payments and everything broke."

    South African Fintech Flagship Yoco Buys Restaurant Software Platform Dyner.ai

    The South African payments group is bolting on an AI-native operating system for restaurants, while a new European CEO prepares to take the helm.