More
    HomeEcosystem News

    Ecosystem News

    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...

    Zeno Raises $25m Series A to Build Africa’s Full-Stack E-Motorcycle Challenger

    Zeno’s ability to turn a $9.5m seed round (raised in 2024) into a functioning network of 1,000 motorcycles and 150 charge points suggests...

    Egypt’s Breadfast Caught in Geopolitical Crossfire After $50m Raise

    Last month, Breadfast announced it had raised $50m in a pre-Series C round led by Novastar Ventures through its People and Planet Fund III (NVIII).

    Hlayisani Raises $30M to Tackle South Africa’s Series A Drought

    The firm typically seeks significant minority stakes in companies requiring equity investments of between USD600K — USD6M
    spot_img

    Keep exploring

    Small Checks, Big Shift: What October’s Deal Flow Reveals About African Climate Tech

    With supply chains bottlenecked and venture equity thin, DFIs are stepping in with debt, working capital, and a new funding playbook.

    West Africa’s Unified Payments Network Is Off to a Rocky Start

    The BCEAO’s ambitious plan to mirror India’s UPI or Brazil’s Pix via its new PI-SPI platform has run headfirst into West Africa’s fragmented digital infrastructure on day one.

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Small Checks, Big Shift: What October’s Deal Flow Reveals About African Climate Tech

    With supply chains bottlenecked and venture equity thin, DFIs are stepping in with debt, working capital, and a new funding playbook.

    West Africa’s Unified Payments Network Is Off to a Rocky Start

    The BCEAO’s ambitious plan to mirror India’s UPI or Brazil’s Pix via its new PI-SPI platform has run headfirst into West Africa’s fragmented digital infrastructure on day one.

    South Africa and Egypt Contest Africa’s AI Funding Crown

    South Africa leads on disclosed dollars, but Egypt’s broader pipeline and state-backed strategy suggest the contest is closer than headline figures imply

    Seventy-Two Hours: OPay CTO Held Zero Shares on Eve of Aborted $4bn US Listing

    Power of attorney filings and blank Form 3s trace the high-stakes final days before payment giant pulled its IPO.