More
    HomeEcosystem News

    Ecosystem News

    NewTrails Capital, Backed by Africa’s Leading Smartphone Manufacturer, Invests $55M in EV Startup Spiro

    The Chinese growth-stage fund - whose backers include Transsion Holdings, the Shenzhen company that dominates Africa's mobile phone market ...

    Ripple Buys Into Flutterwave to Open New Front in African Stablecoin Wars

    The blockchain payments company's Series E participation cements RLUSD in Africa's largest payments network - but Flutterwave is not betting on any single coin.

    Remittance Fintechs Brace for Longer Delays and Higher Fees Across Central Africa

    The Bank of Central African States is tightening its grip on diaspora transfers, placing compliance pressure on payment service providers.

    DBSA Doubles Down on EV Charging With Backing for Zimi

    The investment follows the DBSA's $5.6m (R100m) commitment to Zero Carbon Charge last year
    spot_img

    Keep exploring

    Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round

    Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group.

    Nigeria Launches Hunt for VC Manager to Run $50m Japan-Backed Startup Fund

    The fund will target pre-seed to pre-Series A startups operating across agriculture, healthcare, education, energy, and waste and water management.

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval

    From Tax Bots to Farm Finance, Hyper-Local AI Is South Africa’s New Battleground

    In an ecosystem often criticised for importing foreign business models, this wave of localised AI, built on proprietary, hard-to-replicate datasets, represents a native competitive advantage.

    Latest articles

    Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round

    Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group.

    Nigeria Launches Hunt for VC Manager to Run $50m Japan-Backed Startup Fund

    The fund will target pre-seed to pre-Series A startups operating across agriculture, healthcare, education, energy, and waste and water management.

    Britain’s Founder Visa Alternative Brings South African Fintech Float to the UK

    Card-linked instalment platform aims to unlock £250bn in unused credit card limits with backing from government programme

    Bridgement Lands $20.3m as South Africa’s Banks Double Down on AI Lending

    South African fintech secures backing from two of the country's largest lenders to tackle a chronic funding gap for small businesses.