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    Ecosystem News

    France’s Bpifrance Backs Tunisia’s Kumulus in $3.5M Round to Scale WaterTech Abroad

    Bpifrance’s investment in Kumulus reflects its growing activity in Africa’s startup ecosystem — particularly in Francophone countries.

    West Africa’s Central Bank, BCEAO, Extends Fintech Licensing Deadline Amid Industry Pressure

    Launch Base Africa describes the development as one of the most closely followed issues on its platform in the region during the month of May.

    AfricInvest Ends Multi-Year Bet on Egyptian Fintech MDP

    The company, co-founded and led by Ahmed Nafie, offers an end-to-end digital payment infrastructure solution across Africa and the Middle East.

    Jumia’s Toughest Test Yet: Surviving Without Its Most Patient Investor, Baillie Gifford

    One thing seems clear: with its most patient backer now gone, Jumia’s margin for error has never been thinner.
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    African Startup Deal Tracker — Newest Deals

    Here's a closer look at the notable under-the-radar investment activity we're tracking this month.

    Ghost Workers, a BMW X5, and $700K Missing: The Insider Fraud Rocking Francophone Africa’s HR Darling

    Socium, founded in 2021 by Samba Lo and Serigne Seye, provides payroll, recruitment and workforce management software to businesses across 21 Francophone African countries.

    1M Users in 8 Years, 9M in 6: The Smartphone Pivot Driving M-KOPA’s Hypergrowth

    The group now signs up about 10,000 new customers daily.

    Donor-Backed AI Health Tools Proliferate Across Africa, but Sustainability Remains Elusive

    Gates-funded report finds 20 deployed solutions delivering tangible results, yet most rely on short-term grants and lack independently verified cost savings

    Latest articles

    African Startup Deal Tracker — Newest Deals

    Here's a closer look at the notable under-the-radar investment activity we're tracking this month.

    Ghost Workers, a BMW X5, and $700K Missing: The Insider Fraud Rocking Francophone Africa’s HR Darling

    Socium, founded in 2021 by Samba Lo and Serigne Seye, provides payroll, recruitment and workforce management software to businesses across 21 Francophone African countries.

    Over $500M Lost in Two Years: Eight Graphs That Map the Blind Spots Behind Recent African Startup Collapses

    The period between early 2024 and mid-2026 has been the most unforgiving in the short history of African venture-backed entrepreneurship.

    From an Angry Post to a $50m Ribbon-Cutting: The Land Battle Behind an Egyptian Deeptech Scaleup’s $50m Factory

    Sixteen months later, on a hot July day in 2026, Egypt's finance minister, Ahmed Kouchouk, returned to a company whose public frustration had once laid bare the country's industrial bureaucracy.