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    Ecosystem News

    dLocal Devastated in Nigeria: 78% Loss Sees Egypt Become Africa’s Payments King

    In a significant shift within Africa’s financial landscape, Egypt has surpassed Nigeria to become...
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    Ecosystem News

    European VC Openseed Wants to Invest up to $150K in African Startups

    Maria Rotilu, a former investor with Octopus Ventures and Oxford Seed Fund, is launching...
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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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    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.
    Analysis & Opinions

    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.

    Sponsored Posts

    Hard Talks

    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."
    Partner Content

    Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle

    This reversal of fortune is stark.

    Latest articles

    Updates

    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.
    Analysis & Opinions

    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.
    Updates

    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."
    Partner Content

    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.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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