More
    HomeEcosystem News

    Ecosystem News

    Here Is a List of New Taxes Your Startup Should Worry About as Kenya VAT Readies to Climb to 16%

    Kenyans brace themselves for a potential hike in the cost of financial transactions and...

    Nigerian Startups Get New Startup House in Bay Area — What Does it Offer?

    Nigerian startups have a new launchpad in the heart of the global tech scene....

    d.Light to Light Up Ugandan Refugee Settlements with New $3 Million Funding

    d.light, a leading provider of solar products and financing solutions for low-income households, announced...

    Egypt’s Leading Fintech Company Fawry Records $7 Million Profit in First Quarter of 2024

    Fawry, Egypt’s foremost fintech company, has reported a significant financial upswing, recording a net...
    spot_img

    Keep exploring

    Egypt Salvages Startup Accelerator After USAID Collapse

    ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million in investment

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.

    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

    Latest articles

    Egypt Salvages Startup Accelerator After USAID Collapse

    ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million in investment

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.