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    Ecosystem News

    Ring Capital Launches Ring Africa, a €50 Million Investment Fund for Francophone West African Early Stage Startups

    Ring Capital, the investment firm that introduced the “Generations” seed impact fund in collaboration...

    Altree Capital Invests in Ghanaian E-mobility Startup Wahu Mobility

    Altree Capital has announced its third investment into Wahu Mobility, a West African e-mobility...

    Ghana’s Complete Farmer Secures $300K Crowdfunding to Provide Inputs Finance for Farmers

    In a significant milestone for Ghana’s burgeoning agritech sector, Complete Farmer, a leading Ghanaian...

    Deel Acquires South Africa’s PaySpace, to Expand HR Footprint in Africa

    Deel, the HR startup valued at $12 billion, is making strategic strides in the...
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    After 14 Years of Bootstrapping, Cybervergent Raises $3M Seed to Scale AI Compliance Platform

    The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.

    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model 

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    After 14 Years of Bootstrapping, Cybervergent Raises $3M Seed to Scale AI Compliance Platform

    The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.

    FMO Backs Persistent’s Bid to Build Africa’s Climate Tech Pipeline

    The VB Facility will deliver pre- and post-investment support to startups operating in sectors including distributed solar, energy efficiency, electric mobility, agritech and circular economy solutions.

    From iROKOtv to Showmax: Is the ‘Netflix of Africa’ Dream Officially Dead?

    As Showmax begins its shutdown in the wake of a capital-intensive global streaming war, it joins a long list of well-funded, ambitious local platforms...