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    Ecosystem News

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.

    FirstRand Doubles Down on AI Lender Optasia as SA Banks Hunt for Fintech Exits

    This acquisition builds upon FirstRand’s initial strategic investment in October 2025, when the bank took a 20.1% stake in the fintech.

    The $267bn Crown: Wave Edges Closer to Dethroning Orange in West Africa

    The BCEAO’s instant payments platform launched in late 2025 to link banks and mobile wallets across eight countries. Months later, top players Wave and Orange Money have yet to fully join — latest data suggests they have little urgency.
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    Fintech Unicorn Wave Tightens Its Grip on Senegal With a Push Into Healthcare Payments

    The move places Wave — already one of the most dominant financial technology players in francophone Africa — at the centre of another critical public service.

    From Scale-ups to ‘Foreign Agents’: Uganda’s Fintechs Face a Regulatory Death Sentence

    Ugandans living abroad have found themselves unexpectedly classified as potential threats to the state.

    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

    Latest articles

    Fintech Unicorn Wave Tightens Its Grip on Senegal With a Push Into Healthcare Payments

    The move places Wave — already one of the most dominant financial technology players in francophone Africa — at the centre of another critical public service.

    From Scale-ups to ‘Foreign Agents’: Uganda’s Fintechs Face a Regulatory Death Sentence

    Ugandans living abroad have found themselves unexpectedly classified as potential threats to the state.

    From Mini-Grids to Solar Homes: FEI Expands Its Mandate With $750m Target

    Currently operating with roughly $361m in assets under management (AUM), the fund has already deployed $482m across 25 African countries.

    Ghana-Founded Insurtech Pioneer Bima to be Acquired in $119m Digital Health Roll-Up

    Bima, the insurtech startup that began as a micro-insurance pilot in Ghana and scaled to reach millions across emerging markets.