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    Ecosystem News

    Here’s How VC Satgana Will Invest Its New $8.6M Fund In African Startups

    Climate-tech venture capital firm Satgana has successfully concluded the final close of its inaugural...

    IFC Invests $10.5 Million in 4DX Ventures Fund to Boost African Tech Startups

    The International Finance Corporation (IFC) has announced a significant investment of $10.5 million in...

    BasiGo Secures $3 Million Funding from CFAO Group to Expand Green Transport in Africa

    BasiGo, the pioneering electric bus company operating in Kenya and Rwanda, has reached a...

    Egypt-based EdTech Sprints.ai Raises $3 Million to Bridge Tech Talent Gap

    Egypt-based educational technology startup Sprints AI has secured a $3 million bridge round of...
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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.