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    Ecosystem News

    Ecosystem News

    From €20K to Acquisition: SA’s Peach Payments Seals PayDunya Deal, Enters Francophone Africa

    Expeditions into Francophone African fintech intensify.
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    Ecosystem News

    South African Health Tech Trailblazer hearX Secures $100M in Eargo Merger to Disrupt Hearing Health Market

    Leading the combined entity is Nic Klopper, CEO and co-founder of hearX, who will assume the role of CEO for LXE Hearing.
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    Latest Funding

    Taiwanese Chip Giant Backs Egypt’s InfiniLink in $10M Seed Round to Tackle AI Data Bottleneck

    MediaTek already has a history of collaboration with InfiniLink.
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    Venture Capital & Funding Sources

    $200M Novastar Africa People and Planet Fund Draws Key European and Japanese Investors

    Novastar Ventures, with headquarters in the UK and on-the-ground presence in Nairobi and Lagos, screens over 100 startups annually.
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    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

    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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    Partner Content

    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

    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.
    Policy & Regulations Forum

    Temu’s 13m-User Milestone in Nigeria Triggers a ‘Data Sovereignty’ Showdown

    The regulatory net around Chinese ultra-fast fashion platforms is tightening across Africa.
    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.

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