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    Ecosystem News

    Lagos Leads Africa in Startup Unicorns — but Its Developers Are Among the World’s Lowest Paid

    Software developers in Lagos earn barely more than 4.8% of what their peers in Silicon Valley receive.
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    Ecosystem News

    A Quiet Exit: Nigeria’s Migo Acquired by Long-Time Investor

    The company had previously raised a $20 million Series B round in 2019 to fuel its expansion in Nigeria and Brazil.
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    Venture Capital & Funding Sources

    French Investor Club Super Capital Eyes Africa and Middle East Expansion with New €250k Tickets

    The new initiative, called the MEA Club, will deploy between €100k and €250k per startup, with a target of investing in ten companies per year.
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    Ecosystem News

    Can EVs Survive Blackouts? South Africa’s State Bank Puts $5.6M Behind One Startup’s Answer

    “This show of faith by the DBSA is not just financial — it is symbolic.”
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    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.
    Policy & Regulations Forum

    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.

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    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

    The sector has attracted unprecedented capital.
    Partner Content

    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

    Updates

    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.
    Policy & Regulations Forum

    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.
    Ecosystem News

    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.
    Partner Content

    Proparco Anchors Rare Moroccan LP Position in EmTech’s New $60M Early-Stage Fund

    The fund plans to invest in around 20 startups, writing cheques of between $500,000 and $3m in pre-Series A and Series A rounds.

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