More
    HomeEcosystem News

    Ecosystem News

    Appeal Dismissed, Liquidation Confirmed: Court Delivers Final Blow to Mastercard-Backed $106m African Startup Fund

    A South African high court has rejected a final attempt by Africa Founders Ventures and its business rescue practitioner to overturn a winding-up order.

    France’s Digital Africa Launches $58M Seed Fund to Back Overlooked African Tech Markets

    The pan-African initiative backed by the French development finance system is launching its first dedicated seed vehicle, targeting 30 startups across 20 countries.

    SA’s Yoco Hands CEO Role to German Turnaround Specialist as Founders Step Back

    “Exploring a potential IPO would be a two-step process."

    Ghana-Founded Insurtech Pioneer Bima to be Acquired in $119m Digital Health Roll-Up

    Bima, the insurtech startup that began as a micro-insurance pilot in Ghana and scaled to reach millions across emerging markets.
    spot_img

    Keep exploring

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

    Capital will flow into distributed renewable energy companies.

    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.

    Latest articles

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

    Capital will flow into distributed renewable energy companies.

    Victoria’s Surprise Rise Into Africa’s Startup Top Five Raises Awkward Questions About Ecosystem Rankings

    Sub-Saharan Africa’s showing in GSER 2026 is already the weakest of any region covered.

    Swvl Eyes UK and US Launches as Q1 Losses Shrink to $174K

    The Nasdaq-listed company, which started life in Cairo as a bus-booking app before pivoting into enterprise software, posted Q1 2026 revenue of $8.24m.