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    Ecosystem News

    IFC Backs Lendable With $45M to Fuel Fintech Lending in Africa

    The new fund follows Lendable’s 2023 close of its first MSME Fintech Credit Fund at $110 million, exceeding its $100 million target.
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    Ecosystem News

    The Next Bangalore? Foreign Tech Firms Flock to Egypt’s Talent— But New Rules Now Apply

    “Egypt is the best place to launch operations in the region.”
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    EASTERN AFRICA

    “No Evidence of Corruption”: Twiga Foods CEO Denies Allegations of Misconduct, But Key Questions Remain

    "The current leadership and Board have not seen any evidence of corruption or personal benefit linked to this lease."
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    Ecosystem News

    Kenya’s Twiga Foods Buys Up Three FMCG Distributors Amid Liquidation Allegations and Leadership Turmoil

    Twiga did not disclose the value of the transactions but emphasized that the acquired distributors would retain leadership roles in the newly consolidated operation.
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    The USAID-Shaped Hole: Nine Months On, African Tech Startup’s Story Has a New Plot

    A US aid pullout nine months ago triggered fears of an ecosystem collapse. But while early-stage startups are failing in record numbers, late-stage mega-deals are pushing funding to new highs. What's really going on?
    Partner Content

    Lifestores CEO Steps Down as African Tech’s “Great Handover” Continues

    Andrew Garza’s transition from CEO at Lifestores Healthcare is the latest in a wave of founder successions at major African startups

    Sponsored Posts

    Partner Content

    ‘Don’t Wait to Be Perfect’: How Selling Imperfect Produce Helped Farm to Feed Land a $1.5M Seed Round

    Pushing a problem that you think is important onto a customer doesn’t work.
    Partner Content

    TymeBank Names CCO Cheslyn Jacobs as New CEO Ahead of IPO Push

    Karl Westvig, who oversaw the fintech’s unicorn valuation, will move to an advisory role as the 11m-customer bank preps for a 2028 NYSE listing.

    Latest articles

    Updates

    The USAID-Shaped Hole: Nine Months On, African Tech Startup’s Story Has a New Plot

    A US aid pullout nine months ago triggered fears of an ecosystem collapse. But while early-stage startups are failing in record numbers, late-stage mega-deals are pushing funding to new highs. What's really going on?
    Partner Content

    Lifestores CEO Steps Down as African Tech’s “Great Handover” Continues

    Andrew Garza’s transition from CEO at Lifestores Healthcare is the latest in a wave of founder successions at major African startups
    Analysis & Opinions

    Kenya’s Startup Crash Makes Way for Japanese Capital and Climate Dominance

    Kenya’s ecosystem has become highly specialised.
    Ecosystem News

    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.

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