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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.

    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.

    Beltone Widens Its Investment Stack to Capture Growth-Stage Winners

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

    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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    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.