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    Ecosystem News

    E3 Capital, Norfund Dominate Investor Activity as African Startups Raise Over $800M in Q2

    But beyond the funding volume, a deeper pattern is emerging.
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    Ecosystem News

    A Farewell to Okra, Nigeria’s Once Bright API Startup

    At the time we reported on Nigerian cloud startups rallying behind some proposed data rules to escape the claws of foreign hyperscalers, something about the mood felt slightly off.
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    Ecosystem News

    Saudi Arabia’s New Tech Magnet: How Riyadh is Drawing Egypt’s Deep-Tech Startups with Millions in Grant Funding

    The immense financial firepower and market access offered by Saudi Arabia provide a runway that is, for now, unmatched elsewhere in the region.
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    Ecosystem News

    Lesaka Snaps Up Michael Jordaan’s Bank Zero for $61.4M to Take On TymeBank

    The purchase of Bank Zero is the latest move in Lesaka’s aggressive expansion.
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    Moniepoint Posts First UK Profit as Group Recharges Drive Revenue to £18m

    The Nigerian fintech’s London subsidiary reported a £2.1m profit in 2025, but a £1.6m deferred tax credit did much of the work.
    Updates

    Swvl Posts 123% Net Dollar Retention as Enterprise Bet Pays Off

    Dubai-based mobility group reports 59% revenue growth but remains lossmaking and cash-burning, with an August fundraising set to roughly double its share count

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    Industry

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.
    Industry

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    Latest articles

    Updates

    Moniepoint Posts First UK Profit as Group Recharges Drive Revenue to £18m

    The Nigerian fintech’s London subsidiary reported a £2.1m profit in 2025, but a £1.6m deferred tax credit did much of the work.
    Updates

    Swvl Posts 123% Net Dollar Retention as Enterprise Bet Pays Off

    Dubai-based mobility group reports 59% revenue growth but remains lossmaking and cash-burning, with an August fundraising set to roughly double its share count
    Updates

    London’s Lendable Picks Kenya’s Watu for First Check From $200m Climate Fund

    Watu, a Kenyan asset-financing company that provides lease-to-own motorcycles and smartphones across Africa and...
    Ecosystem News

    Uber and Jumia Alumni Close Moroccan Agritech YoLa Fresh After Failing to Secure Series A

    Less than three years after launch, Moroccan agritech standout YoLa Fresh has ceased operations after failing to secure Series A follow-on funding.

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