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    Ecosystem News

    Ecosystem News

    Nigerian Fintech Giant Flutterwave Downsizes Following $7.2m Alleged Security Breach

     Flutterwave, a leading African fintech startup headquartered in Lagos, Nigeria, has announced layoffs affecting...
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    WESTERN AFRICA

    Digital Ghosts: Accused Data-Selling Websites Disappear as NIMC Denies Breach in Nigeria

    Some of the websites implicated in the data breach in Nigeria became inaccessible following reports.
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    Policy & Regulations Forum

    SEC Launches ARIP to Regulate Crypto Startups in Nigeria. Here’s How to Apply

    After months of cracking down on crypto startups, Nigeria is now extending an olive branch through the new ARIP program.
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    WESTERN AFRICA

    Identities for Sale: Massive Data Breach in Nigeria Offers Sensitive Information for a Mere $0.06

     A major data breach has exposed millions of sensitive personal and financial information belonging...
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    Moniepoint Posts First UK Profit as Group Recharges Drive Revenue to £18m

    The Nigerian fintech’s London subsidiary reported a £2.1m profit in 2025, but a £1.6m deferred tax credit did much of the work.
    Updates

    Swvl Posts 123% Net Dollar Retention as Enterprise Bet Pays Off

    Dubai-based mobility group reports 59% revenue growth but remains lossmaking and cash-burning, with an August fundraising set to roughly double its share count

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    Industry

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.
    Industry

    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.

    Latest articles

    Updates

    Moniepoint Posts First UK Profit as Group Recharges Drive Revenue to £18m

    The Nigerian fintech’s London subsidiary reported a £2.1m profit in 2025, but a £1.6m deferred tax credit did much of the work.
    Updates

    Swvl Posts 123% Net Dollar Retention as Enterprise Bet Pays Off

    Dubai-based mobility group reports 59% revenue growth but remains lossmaking and cash-burning, with an August fundraising set to roughly double its share count
    Updates

    London’s Lendable Picks Kenya’s Watu for First Check From $200m Climate Fund

    Watu, a Kenyan asset-financing company that provides lease-to-own motorcycles and smartphones across Africa and...
    Ecosystem News

    Uber and Jumia Alumni Close Moroccan Agritech YoLa Fresh After Failing to Secure Series A

    Less than three years after launch, Moroccan agritech standout YoLa Fresh has ceased operations after failing to secure Series A follow-on funding.

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