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    Ecosystem News

    Kuda Brandishes Workforce as Employee Abuse Claims Shake Nigerian Fintech

    Kuda’s handling of these allegations will likely set a precedent for workplace policies within Nigeria’s fintech ecosystem, an industry that has grown exponentially over the past decade.

    Orange Money Chooses Abidjan as Regional HQ Amid African Mobile Finance Boom

    Move underlines West Africa's growing economic clout as mobile money platform reaches 40 million users.

    Algeria Bets Big on AI Startups with New Investment Fund

    With the government hoping AI will contribute 7% of Algeria’s GDP by 2027, the urgency is clear.

    Embattled Nigerian Fintech Founder Launches New AI Project Amid US SEC Ordeal

    From Wall Street to AI: Amid legal battles and the collapse of his fintech empire, a Nigerian fintech founder has launched a substantial AI project, marking a dramatic new twist to...
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    Powering Up: Why Fintechs Are Targeting South Africa’s Prepaid Electricity Startups

    Consolidation in Southern Africa’s utility fintech sector is accelerating as established operators look beyond traditional merchant acquiring and airtime lending.

    BII Injects $15M Into Starsight Energy to Tackle West Africa’s Diesel Reliance

    The mezzanine debt facility will primarily target Nigeria, where businesses currently depend on an estimated 40GW of expensive, self-generated fossil fuel power.

    The Riyadh-Cairo Pipeline: Saudi’s VMS Lands in Egypt to Hunt for Seed+ Scaleups

    Founders looking to join the first cohort have a narrow window to apply.

    A New Wave of Tech Firms Is Tapping Nigeria’s Public Debt Market

    The broader market backdrop explains why more technology companies are exploring this route.

    Latest articles

    Powering Up: Why Fintechs Are Targeting South Africa’s Prepaid Electricity Startups

    Consolidation in Southern Africa’s utility fintech sector is accelerating as established operators look beyond traditional merchant acquiring and airtime lending.

    BII Injects $15M Into Starsight Energy to Tackle West Africa’s Diesel Reliance

    The mezzanine debt facility will primarily target Nigeria, where businesses currently depend on an estimated 40GW of expensive, self-generated fossil fuel power.

    Moniepoint-Backer Lightrock Africa Secures IFC Anchor for New $200M Growth Fund

    The World Bank Group's private sector arm is anchoring the Nairobi-headquartered manager's second African growth equity vehicle, which targets eight to twelve portfolio companies across Nigeria, Kenya, and South Africa.

    Three Years, $618M Pledged: Nigeria’s iDICE Tech Fund Finally Lands With a $729K Startup Grant

    The gap between that announcement and this week’s grant disclosure illustrates how slowly large development-finance vehicles translate into founder-facing capital in Africa’s largest economy.