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    Ecosystem News

    Cassava’s AI Factory: A Step Toward Africa’s AI Independence?

    The term “AI factory,” a prominent buzzword at NVIDIA’s recent GTC conference, encapsulates a vision of industrializing the creation of intelligent systems at scale.

    From Ride Wars to Investment Wars: Global Ride-Hailing Giants’ New African Strategy — ‘It’s About Diversifying’

    The fight for the African commuter is no longer solely about offering the cheapest or fastest ride.

    Egyptian Fintech Firm ValU Gears Up for IPO After Board Approval

    ValU has gained significant traction with its BNPL platform, enabling millions of consumers to make purchases and pay for them in installments.

    ‘New Funding Rounds Currently the Most Common Exit Strategy in Africa’ — Goodwell on Two Decades of Investment Lesson

    "Our most exited region to date is West Africa, where we have completed four exits."
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    Moniepoint-Backer Lightrock Africa Secures IFC Anchor for New $200M Growth Fund

    The World Bank Group's private sector arm is anchoring the Nairobi-headquartered manager's second African growth equity vehicle, which targets eight to twelve portfolio companies across Nigeria, Kenya, and South Africa.

    Three Years, $618M Pledged: Nigeria’s iDICE Tech Fund Finally Lands With a $729K Startup Grant

    The gap between that announcement and this week’s grant disclosure illustrates how slowly large development-finance vehicles translate into founder-facing capital in Africa’s largest economy.

    The Riyadh-Cairo Pipeline: Saudi’s VMS Lands in Egypt to Hunt for Seed+ Scaleups

    Founders looking to join the first cohort have a narrow window to apply.

    A New Wave of Tech Firms Is Tapping Nigeria’s Public Debt Market

    The broader market backdrop explains why more technology companies are exploring this route.

    Latest articles

    Moniepoint-Backer Lightrock Africa Secures IFC Anchor for New $200M Growth Fund

    The World Bank Group's private sector arm is anchoring the Nairobi-headquartered manager's second African growth equity vehicle, which targets eight to twelve portfolio companies across Nigeria, Kenya, and South Africa.

    Three Years, $618M Pledged: Nigeria’s iDICE Tech Fund Finally Lands With a $729K Startup Grant

    The gap between that announcement and this week’s grant disclosure illustrates how slowly large development-finance vehicles translate into founder-facing capital in Africa’s largest economy.

    Going Public Cost Africa-Focused Fintech Optasia Over $23M — 31% of Its Primary Raise

    The Dubai-headquartered fintech listed on the Johannesburg Stock Exchange in November 2025.

    Europe’s EIB Backs Speedinvest to Channel $230M Into African Fintech Startups

    The Vienna-based VC firm has formalised a new vehicle targeting fintech and mobile-first startups across North and Sub-Saharan Africa.