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    Ecosystem News

    South Africa’s Paymenow Secures $22.4M to Expand Earned Wage Access Across Africa

    With this deal, a wave of South African banks continue their backing for African fintech firms.

    E3 Capital, Norfund Dominate Investor Activity as African Startups Raise Over $800M in Q2

    But beyond the funding volume, a deeper pattern is emerging.

    A Farewell to Okra, Nigeria’s Once Bright API Startup

    At the time we reported on Nigerian cloud startups rallying behind some proposed data rules to escape the claws of foreign hyperscalers, something about the mood felt slightly off.

    Saudi Arabia’s New Tech Magnet: How Riyadh is Drawing Egypt’s Deep-Tech Startups with Millions in Grant Funding

    The immense financial firepower and market access offered by Saudi Arabia provide a runway that is, for now, unmatched elsewhere in the region.
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    Meet the South African ‘Sharks’ Hunting AI Deals with a New $200M Fund

    “We don’t just deploy capital; we create exceptional returns by working to grow the businesses we invest in.”

    The 2025 Angel Map: Who’s Investing Where, from M Empire in Cairo to MAX Founders in Lagos

    A 2025 analysis reveals over $50M in angel-backed deals as organized networks professionalize to fill the pre-seed void, but a total lack of exits poses a long-term threat.

    TymeBank Names CCO Cheslyn Jacobs as New CEO Ahead of IPO Push

    Karl Westvig, who oversaw the fintech’s unicorn valuation, will move to an advisory role as the 11m-customer bank preps for a 2028 NYSE listing.

    Proptech-as-a-Bank: Inside Nawy’s Oversubscribed Mortgage Fund Sold Out in Ten Days

    “This fund proves that when innovation meets experience and a bold regulator, new opportunities emerge.”

    Latest articles

    Meet the South African ‘Sharks’ Hunting AI Deals with a New $200M Fund

    “We don’t just deploy capital; we create exceptional returns by working to grow the businesses we invest in.”

    The 2025 Angel Map: Who’s Investing Where, from M Empire in Cairo to MAX Founders in Lagos

    A 2025 analysis reveals over $50M in angel-backed deals as organized networks professionalize to fill the pre-seed void, but a total lack of exits poses a long-term threat.

    From Media Giant to Family Business: Meet the First Firms Tapping Nigeria’s Landmark $200M Cleantech Fund — Updated

    A mix of established mini-grid operators, a family-run business, and a media giant's new energy venture are among the first to receive funding to build hundreds of solar mini-grids across Nigeria.

    African Startup Deal Tracker — Newest Deals

    While the spotlight often shines on headline-grabbing mega-rounds, the bedrock of Africa’s rapidly growing...