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    Ecosystem News

    DFS Lab is Backing African Startups, Thanks to a Partnership with Stellar Development Foundation

    DFS Lab and the Stellar Development Foundation have initiated the DFS Lab Stellar Africa...

    Renew Capital Enters Mozambique, Backs Local Fintech Roscas

    In a bid to address the persistent challenge of financial exclusion in Mozambique, the...

    Verod-Kepple Africa Ventures is Looking Towards Angola, Zambia, DRC, and Tunisia for Its New $60M Fund

    Verod-Kepple Africa Ventures, a pan-African venture capital firm, has recently closed a $60 million...

    Transaction Capital Steers South Africa’s WeBuyCars to Landmark IPO Three Years After

    In a significant milestone for the Johannesburg Stock Exchange (JSE), WeBuyCars, the used-car business...
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    CIB’s Yomo Joins Egypt’s Growing Club of Incumbent-Backed Digital Banks

    Commercial International Bank (CIB), Egypt's largest listed bank, has received preliminary approval from the Central Bank of Egypt (CBE) to launch yomo, a standalone digital bank.

    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.

    Inside dLocal’s $23.7M AZA Finance Deal: $22.8M of Customers, IP and Goodwill

    The Nasdaq-listed payments group settled its restructured Africa transaction without paying cash.

    Post-Office Relief: US Kills BOI Rules in Stealth Win for Foreign Tech

    By dismantling beneficial ownership registers, Washington inadvertently protected foreign tech entrepreneurs from fines and privacy leaks.

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    CIB’s Yomo Joins Egypt’s Growing Club of Incumbent-Backed Digital Banks

    Commercial International Bank (CIB), Egypt's largest listed bank, has received preliminary approval from the Central Bank of Egypt (CBE) to launch yomo, a standalone digital bank.

    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.

    High Frequency, Low Churn: The Unexpected Power Users of Cross-Border Fintech

    For most financial technology companies, the race for growth hinges on capturing the youngest, most digitally-native users. But that could be misleading.

    From Wages to Fraud to Deliveries: The Pattern Behind South Africa’s Recent Startup Funding

    A run of recent funding rounds shows local venture capital gravitating toward one type of company - regardless of sector.