More
    HomeEcosystem News

    Ecosystem News

    From Poor Pay to Truncated Maps: Glovo’s Moroccan Headaches Mount as Regulator Slams Fine

    Protesters allege that the Glovo app recently displayed a map of Morocco without its southern regions.

    Flend Raises $3m in Seed Round to Scale Digital SME Finance Across Egypt

    The Cairo-based fintech startup plans to embed lending into Egypt's real economy through a fully regulated, tech-first platform.

    Breadfast’s Investor Sees Nearly 2x Return as Valuation Climbs Toward $400M

    Egypt's top grocery startup stands out in African portfolio marked by stagnation and write-downs.

    Five Years in the Making: Ethiopia’s Startup Act Finally Becomes Law

    The Ethiopian Startup Proclamation defines a startup as a tech-based company less than three years old with annual gross revenues below 5 million birr (about $38,000 at today’s exchange rate).
    spot_img

    Keep exploring

    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.

    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

    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.

    Nigeria’s Central Bank Orders Fintechs to Split Their Payments Empires — or Divest

    The CBN is forcing dominant payments groups to choose between issuing and acquiring, triggering the most dramatic reshaping of Africa's largest fintech market in a decade.

    Ripple Buys Into Flutterwave to Open New Front in African Stablecoin Wars

    The blockchain payments company's Series E participation cements RLUSD in Africa's largest payments network - but Flutterwave is not betting on any single coin.