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    Ecosystem News

    Y Combinator-backed Nigerian Cleantech Startup Oolu Acquired in Landmark Deal

    In a strategic move aimed at bolstering renewable energy access across West Africa, Ignite...

    Revenue-based Financing: South Africa’s Linea Capital Lands New Investment to Get Creative 

    In a bid to bolster financing opportunities for Small and Growing Businesses (SGBs) in...

    Flourish Ventures-Backed Investment Platform, Madica, Reveals Initial Portfolio of African Tech Startups

    Madica, a structured investment initiative tailored for pre-seed stage startups across Africa, has unveiled...

    New Noncompete Rule Means African Startups Headquartered in US May Face More Challenges Retaining Employees 

    A recent ruling by the US Federal Trade Commission (FTC) has stirred discussions regarding...
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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.

    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.