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    Ecosystem News

    Egyptian VC Firm Algebra Ventures Makes Morocco Entry with $7 Million Pre-Series A Round for YoLa Fresh

    YoLa Fresh, a Casablanca-based agritech startup established in early 2023, has successfully secured a...

    Important Update: New Currency Rules Take Effect in Central Africa on June 1

     In a move to combat potential counterfeiting and promote economic stability, the Bank of...

    Zambian Construction E-commerce Startup Bosso Africa Raises $400,000 in Pre-Seed Funding

    Bosso Africa, an innovative Zambian startup revolutionizing the construction industry with its online marketplace...

    Egyptian VC Algebra Ventures Sets Sights on Nigeria, Kenya with $20M Investment

    Karim Hussein, managing partner of Algebra Ventures, revealed the firm’s ambitious plans in an...
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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.