More
    HomeEcosystem News

    Ecosystem News

    What Went Wrong at Edukoya? Nigerian Edtech Closure Raises Market Questions — and Financial Red Flags

    Even in 2022, a year after the purported $3.5 million raise, Edukoya presented a net liability of £353,881.

    Togo’s Gozem Raises $30M to Fuel Vehicle Financing Across Francophone Africa

    For Morocco’s Al Mada Ventures, investing in a high-growth super-app in Francophone Africa fits its broader financial services strategy.

    Senegal Enlists Executives From Tech Startups InTouch, Wave, Others To Lead a Crucial $1.7B Tech Overhaul

    Perhaps the most intriguing, and arguably audacious, element of this “New Technology Deal” is the government’s decision to parachute in leaders from the sharp end of Senegal’s booming startup ecosystem.

    Nigerian Fintech Giant Flutterwave Eyes Lagos IPO as Wall Street  Debut Remains Uncertain

    Experts, however, question if Flutterwave listing on the Nigerian Exchange (NGX) will maximize investor returns.
    spot_img

    Keep exploring

    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.

    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.

    Latest articles

    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.

    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.

    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.

    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.