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    Ecosystem News

    Ecosystem News

    Backed by Senegal’s Sovereign Wealth Fund, Teranga Capital’s New Fund Looks Beyond Dakar

    The decision to widen its geographic reach comes amid growing appetite for risk capital in West Africa’s underserved frontier markets.
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    Ecosystem News

    Morocco’s Looming Mega-Sports Moment Tempts Fintechs — and Tests Its Regulators

    No new foreign banking licenses have been granted in over a decade.
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    Ecosystem News

    Millions Locked Out as West African Central Bank Blocks Unlicensed Fintechs

    With an estimated 50 million fintech-linked accounts in WAEMU, the disruption has left individuals and businesses stranded.
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    Ecosystem News

    Kenya’s MyDawa Scores Major Funding to Scale Its Bricks-and-Clicks Healthtech Model Across East Africa

    Can MyDawa’s hybrid model crack East Africa’s toughest healthcare challenges?
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    Moniepoint Posts First UK Profit as Group Recharges Drive Revenue to £18m

    The Nigerian fintech’s London subsidiary reported a £2.1m profit in 2025, but a £1.6m deferred tax credit did much of the work.
    Updates

    Swvl Posts 123% Net Dollar Retention as Enterprise Bet Pays Off

    Dubai-based mobility group reports 59% revenue growth but remains lossmaking and cash-burning, with an August fundraising set to roughly double its share count

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    Industry

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.
    Industry

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    Latest articles

    Updates

    Moniepoint Posts First UK Profit as Group Recharges Drive Revenue to £18m

    The Nigerian fintech’s London subsidiary reported a £2.1m profit in 2025, but a £1.6m deferred tax credit did much of the work.
    Updates

    Swvl Posts 123% Net Dollar Retention as Enterprise Bet Pays Off

    Dubai-based mobility group reports 59% revenue growth but remains lossmaking and cash-burning, with an August fundraising set to roughly double its share count
    Updates

    London’s Lendable Picks Kenya’s Watu for First Check From $200m Climate Fund

    Watu, a Kenyan asset-financing company that provides lease-to-own motorcycles and smartphones across Africa and...
    Ecosystem News

    Uber and Jumia Alumni Close Moroccan Agritech YoLa Fresh After Failing to Secure Series A

    Less than three years after launch, Moroccan agritech standout YoLa Fresh has ceased operations after failing to secure Series A follow-on funding.

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