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    Ecosystem News

    Equinix Escalates Lagos ‘Data Centre War’ With $100M Expansion Plan

    The US giant, which already owns MainOne, is building a new $22m facility as it battles rivals for dominance in West Africa's digital hub.

    Ventures Platform Gets $64M First Close to Move Beyond Seed Stage in Africa

    The Lagos-based VC, backed by BII, IFC and Michael Seibel, has secured the capital for its second fund and will now lead Series A rounds.

    Why Own the Balance Sheet? Optasia’s $1.3B IPO Crowns the Platform Model for African Fintech

    The company, which evolved from its 2012 origins as airtime credit provider Channel VAS, now processes over 31m transactions daily for 120m active monthly users.

    NextProtein Lands $20.7M Series B to Scale Insect Protein in Tunisia

    For BII, the deal marks its first direct investment in Tunisia.
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    Nigerian Fintech Bfree Secures New Funding to Buy Up Africa’s Bad Loans

    The latest capital injection adds to a steady string of financing for the startup.

    Former Molten Ventures CEO Moves Into Southern African Secondaries With New £50m Fund

    The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy

    From Kitchens to Cockpits: The Egyptian Startup Turning Cooking Oil Into a 25x Investor Return

    Delta Oil operates at the intersection of waste management and energy production.

    “No Shortcuts Through the Data”: How Intron is Building African Voice Infrastructure from Scratch

    "The assumption we had to kill earliest was that the technical problem was the hardest one. It is not."

    Latest articles

    Nigerian Fintech Bfree Secures New Funding to Buy Up Africa’s Bad Loans

    The latest capital injection adds to a steady string of financing for the startup.

    Former Molten Ventures CEO Moves Into Southern African Secondaries With New £50m Fund

    The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy

    Major ValU Investor Sells Down Stake in First Secondary Deal Since Listing

    The sale comes as Egypt’s capital markets have shown signs of renewed activity following a period of muted equity capital markets (ECM) transactions.

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat