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    Ecosystem News

    Algerian Super-App Yassir Buys Uno Hypermarkets to Fill the Jumia-Shaped Hole

    The rumoured unicorn is capitalising on Jumia's recent market exit by merging its digital ecosystem with a brick-and-mortar footprint.

    From iROKOtv to Showmax: Is the ‘Netflix of Africa’ Dream Officially Dead?

    As Showmax begins its shutdown in the wake of a capital-intensive global streaming war, it joins a long list of well-funded, ambitious local platforms...

    Zeno Raises $25m Series A to Build Africa’s Full-Stack E-Motorcycle Challenger

    Zeno’s ability to turn a $9.5m seed round (raised in 2024) into a functioning network of 1,000 motorcycles and 150 charge points suggests...

    Egypt’s Breadfast Caught in Geopolitical Crossfire After $50m Raise

    Last month, Breadfast announced it had raised $50m in a pre-Series C round led by Novastar Ventures through its People and Planet Fund III (NVIII).
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    Ghana’s Draft ICT Law Could Make Foreign-Backed Startups Illegal

    For the foreign founder eyeing Accra's growing tech scene, the advice is shifting.

    How an $800K African M&A Tech Deal Ran Into a 30-Year-Old Governance Trap

    The ruling has implications that stretch well beyond a single scuppered deal.

    Nigeria’s Alerzo Dissolves Singapore SPVs Amid Asset Freeze and Legal Battle

    The FMCG distribution startup is battling a $2.8m debt recovery suit from Moniepoint as macroeconomic headwinds batter the country's B2B commerce sector.

    The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom

    Global buyers are snapping up Cairo-based marketing startups, capitalising on years of rigorous local consolidation.

    Latest articles

    Ghana’s Draft ICT Law Could Make Foreign-Backed Startups Illegal

    For the foreign founder eyeing Accra's growing tech scene, the advice is shifting.

    How an $800K African M&A Tech Deal Ran Into a 30-Year-Old Governance Trap

    The ruling has implications that stretch well beyond a single scuppered deal.

    Sabou Capital Injects $2M Into Nigerian Tomato Paste Maker Tomato Jos as Import Ban Reshapes Market

    The impact-linked debt deal will help the Kaduna-based company expand its farmer network and processing capacity.

    Egypt’s Beltone Reaps 271% Venture Capital Revenue Jump as Bosta Exit Validates Strategy

    The venture unit is not the only part of Beltone's technology drive. The group has been building out its own artificial intelligence capabilities through a subsidiary called Robin.