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    Ecosystem News

    African Startups Raise $340m in February as Debt Eclipses Venture Equity

    This month, Nigerian venture capital firms were the largest exporters of capital.
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    Ecosystem News

    Afreximbank Deepens Bet on Spiro With Over $200m in Backing in Two Years

    The rapid succession of capital injections makes Spiro one of the most heavily capitalized e-mobility players operating on the continent.
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    Ecosystem News

    Beltone Widens Its Investment Stack to Capture Growth-Stage Winners

    The Cairo-based financial group is expanding its investment stack beyond early-stage bets.
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    Ecosystem News

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.
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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.
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    From Payments to Credit: Fawry’s Next Act Is Lending

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

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    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.
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    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.
    Partner Content

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

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

    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.
    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...

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