More
    HomeEcosystem News

    Ecosystem News

    From Workflow Tech to Identity Leader: Nigeria’s Seamfix Secures $4.5 Million for Next Phase

    Seamfix, a 17-year-old Nigerian identity solutions leader, secured its first institutional investment of $4.5...

    Fuzé Investment Series: Ivorian Agritech Startup Aftermarket Makes the List

    Fuzé, Digital Africa’s investment vehicle, has announced its latest investment in Aftermarket, a Côte...

    African Renaissance Capital’s Horn of Africa Fund Aims for $10M Close to Back East African Startups

    African Renaissance Capital (ARC), a leading venture capital firm, is expanding its focus to...

    New Funding Option for Ghanaian Startups: Development Bank Seeks VC, PE Partners

    Ghanaian venture capital (VC) and private equity (PE) firms seeking new funding partners have...
    spot_img

    Keep exploring

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.

    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.

    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

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.

    Algerian Super-App Yassir Buys Uno Hypermarkets to Fill the Jumia-Shaped Hole

    The rumoured unicorn is capitalising on Jumia's recent market exit by merging its digital ecosystem with a brick-and-mortar footprint.

    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.