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    Ecosystem News

    New Insolvency Spree Sweeps Through Kenya’s Tech Scene Amid Funding Downturn

    From well-publicised insolvency proceedings to lesser-known cases, a wave of Kenya-based startups are increasingly choosing the tough route.

    OPay’s Valuation Soars to $2.75 Billion as Opera Reports $94.8 Million in Unrealized Gains

    Founded in 2018 by Chinese billionaire Zhou Yahui, OPay has rapidly expanded across Nigeria and Egypt.

    South African Fintech Startup Stitch Raises $55M in New Funding Round

    The funding follows Stitch’s recent expansion efforts, including the acquisition of payment provider Exipay earlier this year.

    Local Startups Look Abroad as Nigeria’s $3 Billion Wealth Fund Plays It Safe

    Amid global geopolitical pressures, Nigerian startups may require a more supportive government.
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    GrowthLabs Acquires Startup Gate to Unify MENA’s Fragmented Tech Ecosystem

    With the integration underway, GrowthLabs is stepping on the gas for geographic and product expansion.

    AFC Injects $100M into African VC Funds to Bridge the Local Capital Gap

    Despite African startups raising $3.8bn in 2025, the vast majority of that venture funding flowed from international sources.

    The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom

    Global buyers are snapping up Cairo-based marketing startups, capitalising on years of rigorous local consolidation.

    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling

    Latest articles

    GrowthLabs Acquires Startup Gate to Unify MENA’s Fragmented Tech Ecosystem

    With the integration underway, GrowthLabs is stepping on the gas for geographic and product expansion.

    AFC Injects $100M into African VC Funds to Bridge the Local Capital Gap

    Despite African startups raising $3.8bn in 2025, the vast majority of that venture funding flowed from international sources.

    London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia

    The fund targets a critical bottleneck in emerging market climate tech: the lack of growth-stage capital for established operators.