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    Ecosystem News

    Acumen’s $246M ‘De-Risking’ Fund Targets Africa’s Energy Frontier

    The Hardest-to-Reach (H2R) Initiative, launched at COP28, is now backed by a powerful coalition.

    Mirova’s $282M Fund Backs Kenya’s Arc Ride in First African EV Deal

    The €33bn asset manager's Gigaton Fund has committed up to $10m in debt to the Kenyan e-mobility startup to scale its battery-swapping network.

    Is This the End of Big Tech’s ‘Copy-Paste’ Legal Strategy in Africa?

    This outcome is being seen as a watershed moment.

    Wasoko Founder Daniel Yu Is the Latest African Tech Founder to Step Down as CEO

    The move comes as the newly merged MaxAB-Wasoko pivots aggressively towards fintech.
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    Nigerian Fintech Bfree Secures New Funding to Buy Up Africa’s Bad Loans

    The latest capital injection adds to a steady string of financing for the startup.

    Former Molten Ventures CEO Moves Into Southern African Secondaries With New £50m Fund

    The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy

    From Kitchens to Cockpits: The Egyptian Startup Turning Cooking Oil Into a 25x Investor Return

    Delta Oil operates at the intersection of waste management and energy production.

    “No Shortcuts Through the Data”: How Intron is Building African Voice Infrastructure from Scratch

    "The assumption we had to kill earliest was that the technical problem was the hardest one. It is not."

    Latest articles

    Nigerian Fintech Bfree Secures New Funding to Buy Up Africa’s Bad Loans

    The latest capital injection adds to a steady string of financing for the startup.

    Former Molten Ventures CEO Moves Into Southern African Secondaries With New £50m Fund

    The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy

    Major ValU Investor Sells Down Stake in First Secondary Deal Since Listing

    The sale comes as Egypt’s capital markets have shown signs of renewed activity following a period of muted equity capital markets (ECM) transactions.

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat