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    Ecosystem News

    Ecosystem News

    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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    Ecosystem News

    NextProtein Lands $20.7M Series B to Scale Insect Protein in Tunisia

    For BII, the deal marks its first direct investment in Tunisia.
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    Ecosystem News

    Fintech CashPlus Jolts Morocco’s Quiet IPO Market with Rare $82M Listing

    The listing is the first for Morocco's non-banking financial sector and will fund a digital and physical expansion as the country aims to boost its public markets.
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    Ecosystem News

    How Failed Tech Expansions Are Creating Africa’s Next Generation of Founders

    Safeboda’s Kenya story offers perhaps the clearest example of how corporate retreats birth entrepreneurial advances.
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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.
    Updates

    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

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    Industry

    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.
    Industry

    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

    Updates

    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.
    Updates

    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
    Updates

    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...
    Ecosystem News

    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.

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