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    Ecosystem News

    Short-Lived Partnership Ends in Acquisition: Canadian Bus Ticketing Firm Takes Over South Africa’s Ratality

     Busbud, a global leader in ground travel booking, has announced the acquisition of Ratality,...

    Egypt’s Birdnest Wants to Become Leading Short-Term Rental Platform in MENA with New Funding

    Birdnest, an Egyptian property rental platform founded in 2020, has announced the successful...

    Digital Nomad Visa Now Gazetted in South Africa: Stay More Than Six Months, Register for Tax

    In a move designed to boost the economy, South Africa has finally gazetted a...

    Despite Copia Global’s Uncertain Future, Secured Lender Holds Firm to $7.7 Million Loan

    Kenyan e-commerce startup Copia Global made headlines recently with announcements of potential layoffs and...
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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.