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    Ecosystem News

    Ventures Platform Gets $64M First Close to Move Beyond Seed Stage in Africa

    The Lagos-based VC, backed by BII, IFC and Michael Seibel, has secured the capital for its second fund and will now lead Series A rounds.

    Why Own the Balance Sheet? Optasia’s $1.3B IPO Crowns the Platform Model for African Fintech

    The company, which evolved from its 2012 origins as airtime credit provider Channel VAS, now processes over 31m transactions daily for 120m active monthly users.

    NextProtein Lands $20.7M Series B to Scale Insect Protein in Tunisia

    For BII, the deal marks its first direct investment in Tunisia.

    Fintech CashPlus Jolts Morocco’s Quiet IPO Market with Rare $82M Listing

    The listing is the first for Morocco's non-banking financial sector and will fund a digital and physical expansion as the country aims to boost its public markets.
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    Keep exploring

    Why Egypt’s 10m Instalment Customers Have Become Africa’s Most Fought-Over Fintech Asset

    In less than a year, the user base nearly tripled.

    Tax Breaks and ‘Theatrical’ Reforms: Can Article 35 Finally Unlock Ivorian Tech?

    Côte d’Ivoire’s efforts signal a shift in attitude: digital startups are no longer seen as boutique hobbies .

    Congo’s €1m “Slow-Build” VC Fund Aims to Defy Central Africa’s Startup Odds

    The centerpiece of the initiative is a 24-month incubation and acceleration program starting in 2026.

    Backed by New $23.1m, Egypt’s Valu Takes Its Distribution Playbook to EV Charging

    Still, EV penetration in Egypt remains limited.

    Latest articles

    Why Egypt’s 10m Instalment Customers Have Become Africa’s Most Fought-Over Fintech Asset

    In less than a year, the user base nearly tripled.

    Tax Breaks and ‘Theatrical’ Reforms: Can Article 35 Finally Unlock Ivorian Tech?

    Côte d’Ivoire’s efforts signal a shift in attitude: digital startups are no longer seen as boutique hobbies .

    Can a $1,000 Buy-In Solve Kenya’s Early-Stage Funding Gap?

    Each participant will commit $1,000 towards a syndicated investment chosen collectively by the group.

    Why Ghana’s Crypto Framework Is a Blueprint for West African Trade

    By: Gillian Darko, Vice President of Strategy, Yellow Card