More
    HomeEcosystem News

    Ecosystem News

    TLcom Capital Raises New $154 Million, to Target More Southern African and Egyptian Tech Startups

    TLcom Capital, a venture capital firm with a track record of backing notable east...

    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...
    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.