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    Ecosystem News

    Will Ghana’s New Leader Deliver on $50M Fintech Fund Promise?

    “We did it for the pharmaceutical industry, and we can do it for fintech.”

    Seedstars Africa Secures $42M, Targets Seed to Series A Startups

    The new fund targets investments of up to $2 million in seed and Series A rounds, with follow-on investments of up to $5 million.

    Sonatel Backs Healthtech Eyone in $1M Round to Digitize Real-Time Medical Record Access

    Sonatel, a subsidiary of the Orange Group, has positioned itself as a key player in digital transformation across West Africa.

    CAPSA Capital Rolls Out New $15M Fund to Back Tunisian Startups

    This $15 million fund comes at a critical juncture for the Tunisian startup ecosystem.
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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.