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    Ecosystem News

    Ecosystem News

    “Margins Too Tight,” Glovo CEO Hints at Quitting Ghana

    Spanish delivery startup, Glovo, has recently announced its decision to cease operations in Ghana,...
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    EASTERN AFRICA

    More Routes, More Countries: BuuPass Acquires QuickBus to Simplify Travel Across Africa

    In a move to solidify its position as a leader in African bus ticketing,...
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    Corporate Governance Forum

    Agritech Allure: Jumia Kenya CEO Forfeits Lucrative Compensation Package for Twiga Foods

    Twiga Foods, a prominent African agritech startup, has announced Charles Ballard as its new...
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    Ecosystem News

    Egyptian Transport Startup Swvl Records $12 Million in Operating Profit, After Acquisition Spree Losses

     Swvl Holdings Corp (Nasdaq: SWVL), an Egypt-born global provider of mobility solutions for businesses...
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    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.
    Partner Content

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.

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    Partner Content

    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.
    Partner Content

    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 

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    Updates

    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.
    Partner Content

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.
    Updates

    FMO Backs Persistent’s Bid to Build Africa’s Climate Tech Pipeline

    The VB Facility will deliver pre- and post-investment support to startups operating in sectors including distributed solar, energy efficiency, electric mobility, agritech and circular economy solutions.
    Ecosystem News

    From iROKOtv to Showmax: Is the ‘Netflix of Africa’ Dream Officially Dead?

    As Showmax begins its shutdown in the wake of a capital-intensive global streaming war, it joins a long list of well-funded, ambitious local platforms...

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