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    Ecosystem News

    Shell- and USAID-Backed SolarNow Forced Into Liquidation After $20M+ Funding

    The company’s shareholders have resolved to wind up the firm via a creditors’ voluntary liquidation.

    The Eerie Reality of Twiga Foods’ ‘Project Easter’: Denials Fade as Layoffs and ‘NewCo’ Now Expose Hidden Plan

    Publicly, Twiga describes the move as a routine corporate alignment. Internally, however, the restructuring appears more complex.

    Diaspora Dollars: US Passes 5% Tax Bill on Remittances — African Fintechs in the Crosshairs

    For every $100 sent, the new legislation would withhold $5 in federal tax — on top of transaction fees already charged by fintechs and banks.
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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.