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    Ecosystem News

    FairMoney in Talks to Acquire Neobank Umba, Eyes African Expansion

    Paris-based fintech, FairMoney, is currently in early-stage negotiations to acquire Umba, a neobank operating...

    Carbon Acquires Vella Finance and Launches AI-Powered Business Banking Platform

    Carbon, a prominent player in Nigeria’s financial sector, has successfully acquired fintech startup Vella...

    Uber Explores $100 Million Investment in African Startup Moove to Bolster Vehicle Financing

    Uber Technologies Inc. is currently engaged in discussions to invest a substantial $100 million...

    Roam Secures $24M Series A Funding to Accelerate Electric Mobility Expansion in Africa

    Roam, the Kenya-based trailblazer in electric vehicle (EV) innovation in Africa, is gearing up...
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    71% of WAEMU Transaction Value Still Flows Through Cheques — Despite BCEAO’s New Instant Payment Rail

    BCEAO’s annual report reveals why getting 100m people to ditch paper is a multi-year slog.

    African Startup Deal Tracker — Newest Deals

    Here's a closer look at the notable under-the-radar investment activity we're tracking this month.

    Donor-Backed AI Health Tools Proliferate Across Africa, but Sustainability Remains Elusive

    Gates-funded report finds 20 deployed solutions delivering tangible results, yet most rely on short-term grants and lack independently verified cost savings

    Rooibos Becomes South Africa’s Latest Export — to Space

    Rooibos seeds bound for the International Space Station in initiative linking space plant science with skills development.

    Latest articles

    71% of WAEMU Transaction Value Still Flows Through Cheques — Despite BCEAO’s New Instant Payment Rail

    BCEAO’s annual report reveals why getting 100m people to ditch paper is a multi-year slog.

    African Startup Deal Tracker — Newest Deals

    Here's a closer look at the notable under-the-radar investment activity we're tracking this month.

    Africa’s First EV Battery Gigafactory Secures $114M in AfDB Funding

    The 10GWh Rabat facility—led by Chinese giant Gotion High-Tech—marks the first integrated LFP battery site in Africa and the Middle East.

    The Promise and Peril of Lending to Egypt’s Unbanked: Inside Valu’s Growth Dilemma

    Egypt's largest consumer finance platform has built a business on financial inclusion, but a mysterious data discrepancy in its annual report raises questions about the true cost of that mission.