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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.
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    Ecosystem News

    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.
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    Ecosystem News

    Egypt’s State Fund Stakes Claim in African Tech Boom

    The fund recently extended its reach to Nigeria.
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    Ecosystem News

    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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    African Startups Surpass $1bn in First-Half Funding Despite Slower Equity Flows

    Debt and climate finance drive a structural shift as the total for the year reaches $1.208bn, though it trails last year's pace.
    Analysis & Opinions

    Seven Brutal Truths About African Tech Startup Funding in H1 2026

    The typical founder is raising less than half of what they raised a year ago.

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    Updates

    African Startups Surpass $1bn in First-Half Funding Despite Slower Equity Flows

    Debt and climate finance drive a structural shift as the total for the year reaches $1.208bn, though it trails last year's pace.
    Analysis & Opinions

    Seven Brutal Truths About African Tech Startup Funding in H1 2026

    The typical founder is raising less than half of what they raised a year ago.
    Ecosystem News

    Local Investors Stage Partial Comeback in African Tech After Sharp First-Half Retreat

    June funding rounds show a recovery in the share of Africa-based investors, but several prominent funds remain absent and the revival is concentrated in a handful of markets.
    Updates

    Egypt’s BrainsMingle Lands Strategic Backing From Recruitment Heavyweight BasharSoft

    The seed cheque is BasharSoft's first investment since acquiring career platform iCareer, and signals interest from MENA's recruitment incumbents in newer models of professional engagement.

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