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    Ecosystem News

    Spiro Secures $50 Million Debt Financing to Expand Electric Vehicle Presence in Africa

     African electric vehicle (EV) company Spiro has signed a $50 million debt financing agreement...
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    EASTERN AFRICA

    Over $100M Funding Fails to Save Copia: 1060 Jobs on the Line as Kenyan Ecommerce Startup Considers Shutdown

    In a somber announcement on May 16th, 2024, Kenyan ecommerce startup Copia notified its...
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    Venture Capital & Funding Sources

    More Debt Funding for Kenyan Climate-Tech: New $95 Million Available

    Kenyan climate-focused businesses and women entrepreneurs received a funding boost this week with a...
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    SOUTHERN AFRICA

    One Year After Launch, South Africa’s Suppple Goes on IPO in Europe

    South African technology company Suppple, founded by former GovChat CEO Eldrid Jordaan and Chief...
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    After 14 Years of Bootstrapping, Cybervergent Raises $3M Seed to Scale AI Compliance Platform

    The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.
    Partner Content

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.

    Sponsored Posts

    Partner Content

    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.
    Partner Content

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model 

    Latest articles

    Updates

    After 14 Years of Bootstrapping, Cybervergent Raises $3M Seed to Scale AI Compliance Platform

    The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.
    Partner Content

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.
    Updates

    FMO Backs Persistent’s Bid to Build Africa’s Climate Tech Pipeline

    The VB Facility will deliver pre- and post-investment support to startups operating in sectors including distributed solar, energy efficiency, electric mobility, agritech and circular economy solutions.
    Ecosystem News

    From iROKOtv to Showmax: Is the ‘Netflix of Africa’ Dream Officially Dead?

    As Showmax begins its shutdown in the wake of a capital-intensive global streaming war, it joins a long list of well-funded, ambitious local platforms...

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