More
    HomeEcosystem News

    Ecosystem News

    Axmed Secures $2 Million Seed Funding to Bridge Access Gap for Essential Medicines in Africa

    Axmed, a B2B marketplace startup focused on improving access to essential medicines in low-...

    Egyptian Fintech Startup MNZL Attracts $3.5 Million Investment for Disruptive Lending Platform

    MNZL, a fintech startup based in Cairo, Egypt, has secured a substantial investment totaling...

    AI-Powered Legaltech Startup Definely Grabs $7M with Zrosk Backing

    African investment firm Zrosk Investment has thrust legaltech startup Definely into the spotlight,...

    Lesaka Acquires South African Leading Payment Platform Adumo, Welcomes New Investors Apis and ARC

    Lesaka Technologies, Inc., a company registered in the state of Florida, USA, listed on...
    spot_img

    Keep exploring

    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.