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    Ecosystem News

    Egypt’s Finance License Ban Creates a Buyers’ Market

    The developing acquisition frenzy is targeting one of the region’s most promising markets.

    Egypt’s Swvl Extends Profit Streak to Three Quarters on GCC Expansion

    Swvl’s journey has been marked by significant challenges since its $1.5bn SPAC merger in early 2022.

    Nvidia Joins Google in Backing Cassava’s African Supercomputing Play

    NVIDIA’s investment backs a company that has spent years assembling the necessary, vertically integrated components to execute this vision.
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    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 ...

    The VC Waiting Game: Why a 7% Distribution Is a Major Win for Early-Stage African Funds

    The pan-African seed fund returns $2.5m to LPs - a rare liquidity signal in a market still waiting for its post-boom reckoning.

    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

    The sector has attracted unprecedented capital.

    Fintech Margins Under Pressure as Pan-African Payments Race Reaches Ghana

    Ghana's fintech sector has attracted intensifying interest from both regional and international players.

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    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 ...

    The VC Waiting Game: Why a 7% Distribution Is a Major Win for Early-Stage African Funds

    The pan-African seed fund returns $2.5m to LPs - a rare liquidity signal in a market still waiting for its post-boom reckoning.

    Nigeria’s Startup Graveyard Has Become a Bargain Bin for Buyers

    With fewer, larger funds calling the shots, patience for fragmented markets has evaporated.

    Consortium of DFIs and Philanthropies Backs $176M Africa Clean Energy Platform

    Capital will flow into distributed renewable energy companies.