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    Ecosystem News

    Afreximbank Doubles Down on Gagan Gupta: Spiro Founder Bags New $300M for Minerals Platform A2MP

    The investment from Afreximbank's equity arm, FEDA, aims to move the continent beyond raw ore exports and capture the lucrative processing and manufacturing value chain.

    Equinix Escalates Lagos ‘Data Centre War’ With $100M Expansion Plan

    The US giant, which already owns MainOne, is building a new $22m facility as it battles rivals for dominance in West Africa's digital hub.

    Ventures Platform Gets $64M First Close to Move Beyond Seed Stage in Africa

    The Lagos-based VC, backed by BII, IFC and Michael Seibel, has secured the capital for its second fund and will now lead Series A rounds.

    Why Own the Balance Sheet? Optasia’s $1.3B IPO Crowns the Platform Model for African Fintech

    The company, which evolved from its 2012 origins as airtime credit provider Channel VAS, now processes over 31m transactions daily for 120m active monthly users.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month

    From Seed to Exit in Seven Months: Egypt’s InfiniLink Delivers a 4x Return for Its State Backer

    After participating in InfiniLink's $10 million seed round this April, Egypt Venture and M Empire Angels are now securing a 4x return.

    Five African Women-Led Startups Win Naspers Backing — a First for the Embattled Investor

    After shuttering its R1.4bn venture fund amid criticism over diversity, the South African tech giant is betting on female founders with equity-free grants

    Rethinking Urban Work: Why the 15-Minute City Matters

    As CEO of Workshop17, Paul Keursten has observed how the geography of work affects business performance and quality of life. Here, he shares his lessons.

    Latest articles

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month

    From Seed to Exit in Seven Months: Egypt’s InfiniLink Delivers a 4x Return for Its State Backer

    After participating in InfiniLink's $10 million seed round this April, Egypt Venture and M Empire Angels are now securing a 4x return.

    Ethiopia’s New Currency War Front: The Back Offices of Licensed Fintech Apps

    Ethiopian authorities have opened a new war front in a less conventional theatre.