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    Ecosystem News

    Morocco’s UM6P Ventures Turns to DeepTech Startups for Its Latest Funding Round

    UM6P Ventures, the investment fund associated with Mohammed VI Polytechnic University (UM6P), has unveiled...

    More Nigerian Founders Are Turning to Venture Investors

    Within the dynamic African tech ecosystem, Nigerian tech entrepreneurs are embracing a new role...

    Ghanaian Fintech Zeepay Secures $3 Million Investment to Fuel Expansion

    Zeepay, a leading Ghana-based remittance and mobile money service provider, has recently announced a...

    Nigeria-based Fintech Startup Thepeer Shuts Down Amid Scaling Challenges

    Nigeria-based fintech startup Thepeer has announced its closure, returning its remaining capital to investors...
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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.