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    Ecosystem News

    Accused Admits Beheading Gokada CEO to Impress Girlfriend

    In a chilling courtroom revelation, Tyrese Haspil, the 25-year-old former personal assistant to Fahim...

    Brass Customers Await Answers as Paystack-Led Group Acquires Fintech Amid Financial Questions

    In a significant development for Nigeria’s burgeoning fintech landscape, a consortium of investors led...

    Zap Africa Secures $300,000 in Pre-Seed Funding to Advance Financial Inclusion in Nigeria

     Zap Africa, a Nigerian software development company specializing in cryptocurrency tools, has raised $300,000...

    Leading South African Insurer Acquires Home Services Marketplace, Kandua

     Santam, South Africa’s largest short-term insurer, has announced the acquisition of Kandua, a leading...
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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.