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    Ecosystem News

    Accion Ventures Closes $62M Fund to Hunt for African Fintechs Tackling a $5.7T Market Gap

    The US-based venture capital firm, rebranded from Accion Venture Lab.

    Inside dLocal’s High-Stakes Gamble on Troubled $150M AZA Finance Acquisition

    The payments giant is navigating a stalled acquisition and a risky $23.2m loan as it tries to fix a hole in its African operations left by a sharp downturn in Egypt.

    Kenyan Cap Table Startup Raise Africa Shuts Down, Citing a Better Fit with Private Equity

    Raise is shutting down after finding its product was built for the wrong audience.

    Mamo Mihretu’s Legacy: Ethiopia’s Economic Reformer Resigns, Leaving Fintech Rulebook Rewritten

    In a farewell message, Mamo stated he was leaving public service “to pursue other passions.”
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    The VC Waiting Game: Why a 7% Distribution Is a Major Win for Early-Stage African Funds

    The pan-African seed fund returns $2.5m to LPs - a rare liquidity signal in a market still waiting for its post-boom reckoning.

    Nigeria’s Startup Graveyard Has Become a Bargain Bin for Buyers

    With fewer, larger funds calling the shots, patience for fragmented markets has evaporated.

    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

    The VC Waiting Game: Why a 7% Distribution Is a Major Win for Early-Stage African Funds

    The pan-African seed fund returns $2.5m to LPs - a rare liquidity signal in a market still waiting for its post-boom reckoning.

    Nigeria’s Startup Graveyard Has Become a Bargain Bin for Buyers

    With fewer, larger funds calling the shots, patience for fragmented markets has evaporated.

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

    Capital will flow into distributed renewable energy companies.