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    Ecosystem News

    Jumia’s Toughest Test Yet: Surviving Without Its Most Patient Investor, Baillie Gifford

    One thing seems clear: with its most patient backer now gone, Jumia’s margin for error has never been thinner.
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    Ecosystem News

    Egypt’s Top Fintech VC Leans Into AI and Exportable Startups to Ease Economic Strain — “AI will be central for us now”

    “Egypt is not just a large market — it is a deep reservoir of talent.”
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    EASTERN AFRICA

    Shell- and USAID-Backed SolarNow Forced Into Liquidation After $20M+ Funding

    The company’s shareholders have resolved to wind up the firm via a creditors’ voluntary liquidation.
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    EASTERN AFRICA

    The Eerie Reality of Twiga Foods’ ‘Project Easter’: Denials Fade as Layoffs and ‘NewCo’ Now Expose Hidden Plan

    Publicly, Twiga describes the move as a routine corporate alignment. Internally, however, the restructuring appears more complex.
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    Cape Town’s Havaíc Hits $30m Milestone for Third Fund as Institutional Interest Hardens

    The latest capital injection comes from E Squared Investments
    Updates

    One Month, Two Rounds: Nigeria’s Terra Industries Hits $34m as Investors Eye ‘Faster-Than-Expected’ Traction

    “Before Terra, governments and operators across Africa were often forced to rely on foreign defense systems from China, Europe, and elsewhere.”

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    Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

    A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.
    Partner Content

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.

    Latest articles

    Updates

    Cape Town’s Havaíc Hits $30m Milestone for Third Fund as Institutional Interest Hardens

    The latest capital injection comes from E Squared Investments
    Updates

    One Month, Two Rounds: Nigeria’s Terra Industries Hits $34m as Investors Eye ‘Faster-Than-Expected’ Traction

    “Before Terra, governments and operators across Africa were often forced to rely on foreign defense systems from China, Europe, and elsewhere.”
    Updates

    Mogo Kenya Raises $6.2m in Syndicated Deal With I&M Bank and Ecobank

    The deal marks a strategic pivot for the asset financier as it swaps foreign exchange volatility for local currency stability.
    Updates

    DPI Targets $1bn for Fourth Africa Fund as Proparco Chips in $42m

    Rather than spreading bets thin, the fund plans to build a concentrated portfolio of roughly one dozen companies across North and Sub-Saharan Africa.

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