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    Ecosystem News

    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...

    Football Stars & Expensya Founders Back Senegal’s LAfricaMobile in $4.6 Million Series A Round

    LAfricaMobile, a leading cloud communication and mobile marketing platform, announced today that it has...

    Ghanaian Healthtech Startup mPharma Raises New $13.6 Million Following Workforce Reductions

     mPharma, a pioneering healthtech company based in Accra, has successfully raised $13.6 million from...
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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.