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    Ecosystem News

    Zambia’s Premier Ride-hailing Startup, Ulendo, Enters Liquidation

    In a major development impacting Zambia’s ride-hailing landscape, Ulendo Taxi Limited, the pioneering ride-hailing...

    WeCare, the Tunisian DeepTech Championing Lab-Grown Diamonds, Raises Funding to Scale

    WeCare Foundation, led by Saad Kassis Mohamed, has recently secured a substantial $350,000 investment...

    Alleged Involvement in Scam: Banxso Draws Regulatory Scrutiny in South Africa

    Cape Town-based online trading platform Banxso finds itself under the regulatory microscope following allegations...

    TLG Capital Pours $3 Million into Nigeria’s BFREE to Reshape Ethical Debt Collection Practices in Africa

    TLG Capital, a leader in alternative asset management, and BFREE, specializing in ethical credit...
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    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.