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    Ecosystem News

    Diplomatic Showdown: US Congress Pressures Biden to Free Binance Executive Detained in Nigeria

    In an urgent appeal, a coalition of US lawmakers has called on President Joe...

    How L’Afrique Excelle Rewrote the Rules of Startup Investment in Francophone Africa

    In May 2019, Serge Boupda found himself in the spotlight at the Vivatech trade fair in Paris, pitching his startup, Diool, to a room of eager investors. His goal was to secure $1.5 million in funding. Boupda’s Diool, a fintech company that had pivoted from a mobile recharge retailer to a financial services platform for small merchants in Cameroon...

    Nigeria’s Central Bank Lifts Suspension on New Accounts for OPay, Kuda Bank

     The Central Bank of Nigeria (CBN) has lifted its restriction on new customer onboarding...

    Britain’s First Digital Bank Unicorn, Revolut, Takes on African Remittance Startups

    London-based Revolut, the UK’s first digital bank to achieve a $1 billion valuation, is...
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    Ex-ZOLA and Fenix Exec Closes First Dedicated Climate Tech Fund for Southern Africa

    The Southern Africa-focused climate tech investor has closed its first fund, backing ten companies across e-mobility, circular economy and energy access

    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

    The sector has attracted unprecedented capital.

    Morocco’s Done.ma Raised $2M to Challenge Glovo. Now It Faces Bankruptcy Speculation

    The Rabat-based super app's mobile application is unavailable and the company has not communicated publicly for several days.

    AI-First Telcos Will Lead the Race in Africa

    Author: Kitso Lemo, Associate Director, TMT Practice at Boston Consulting Group (BCG)

    Latest articles

    Ex-ZOLA and Fenix Exec Closes First Dedicated Climate Tech Fund for Southern Africa

    The Southern Africa-focused climate tech investor has closed its first fund, backing ten companies across e-mobility, circular economy and energy access

    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

    The sector has attracted unprecedented capital.

    Moroccan Proptech Agenz Bags $5m from Breega and North Africa’s Largest Bank

    The Casablanca-based proptech, which combines real estate data, agent tools, and a transaction platform, closes an oversubscribed seed round.

    Fintech Margins Under Pressure as Pan-African Payments Race Reaches Ghana

    Ghana's fintech sector has attracted intensifying interest from both regional and international players.