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    Ecosystem News

    TymeBank Deposits Surge to $385m as Digital Lender Builds on Unicorn Status

    The increase in deposits from R6.3bn ($347.11m) in June 2024 reflects the continued growth of the digital lender, which reached a milestone of 10.7m customers by the end of December.

    UK Commits $20m to Alterra Africa Tech Fund Backed by Dangote

    This latest commitment from BII follows the fund’s initial close last year, which saw it raise $140 million from a diverse range of international and African investors.

    Egypt’s State Fund Stakes Claim in African Tech Boom

    The fund recently extended its reach to Nigeria.

    Kenyan Tech Workers’ Welfare Reach a Turning Point After Nigerian Death

    “She went to managers crying, but they were videoing her and laughing at her.”
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    Meet the 9 VCs Tasked With Deploying Morocco’s New $270m Startup War Chest

    The shortlist, culled from 47 applications, relies heavily on international operational experience.

    GIP Secures $20m as Ghanaian Pension Funds Ditch Government Debt for Private Equity

    A decisive policy shift in Accra is forcing domestic pension schemes to look past government securities, creating a sudden liquidity pool for private market intermediaries.

    Optasia’s Growth Is Coming From Where Few Investors Are Looking

    The Dubai-headquartered lending platform's most revealing growth story is not in Africa's largest markets.

    South Africa’s OneBio Secures Funding to Build Africa’s ‘Biotech Factory’ Amid a Deep Tech Reality Check

    The Cape Town venture studio is doubling down on its hybrid model, but a high failure rate highlights the structural hurdles of scaling science in Africa.

    Latest articles

    Meet the 9 VCs Tasked With Deploying Morocco’s New $270m Startup War Chest

    The shortlist, culled from 47 applications, relies heavily on international operational experience.

    GIP Secures $20m as Ghanaian Pension Funds Ditch Government Debt for Private Equity

    A decisive policy shift in Accra is forcing domestic pension schemes to look past government securities, creating a sudden liquidity pool for private market intermediaries.

    “We’re Not Monitoring Energy — We’re Deciding What Happens Next”: Inside PowerLabs’ Bet on Automation

    "The most important lesson we’ve taken from this journey is how much your team determines everything else."

    Standard Bank Leads $330m Refinancing for JSE-Listed AI Fintech Optasia

    Optasia, which made history in November 2025 as the largest fintech IPO on the JSE, uses proprietary AI to provide credit scoring and micro-lending to unbanked populations.