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    Ecosystem News

    French Development Bank Proparco Enters Africa’s EV Fray with BasiGo Investment

    The Proparco-BasiGo deal is a microcosm of a broader trend reshaping the African e-mobility landscape.

    Morocco Activates $269M Liquidity Injection to Backstop Local VCs

    This marks one of North Africa’s most significant public interventions in venture capital to date.

    South African Startups Get UK-Backed Path to JSE Listing in New Investment Push

    London-based support aims to fix the "exit gap" for local tech, alongside R500m in projected private finance for SMEs.

    South Africa’s Plentify Secures Series A to Export Energy Management Solution

    The startup, born out of South Africa's energy crisis, has raised fresh capital to take its load-shifting technology to the UK, Australia, and Brazil.
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    Moniepoint Posts First UK Profit as Group Recharges Drive Revenue to £18m

    The Nigerian fintech’s London subsidiary reported a £2.1m profit in 2025, but a £1.6m deferred tax credit did much of the work.

    Swvl Posts 123% Net Dollar Retention as Enterprise Bet Pays Off

    Dubai-based mobility group reports 59% revenue growth but remains lossmaking and cash-burning, with an August fundraising set to roughly double its share count

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    Latest articles

    Moniepoint Posts First UK Profit as Group Recharges Drive Revenue to £18m

    The Nigerian fintech’s London subsidiary reported a £2.1m profit in 2025, but a £1.6m deferred tax credit did much of the work.

    Swvl Posts 123% Net Dollar Retention as Enterprise Bet Pays Off

    Dubai-based mobility group reports 59% revenue growth but remains lossmaking and cash-burning, with an August fundraising set to roughly double its share count

    London’s Lendable Picks Kenya’s Watu for First Check From $200m Climate Fund

    Watu, a Kenyan asset-financing company that provides lease-to-own motorcycles and smartphones across Africa and...

    Uber and Jumia Alumni Close Moroccan Agritech YoLa Fresh After Failing to Secure Series A

    Less than three years after launch, Moroccan agritech standout YoLa Fresh has ceased operations after failing to secure Series A follow-on funding.