More
    HomeEcosystem News

    Ecosystem News

    Janngo Capital Raises $78M for African Startups, Prioritizing Gender and Regional Diversity

    The fund, oversubscribed by around 20%, received strong backing from a diverse array of limited partners

    TymeBank’s Indonesian Expansion Gains Momentum with $2.5M New Funding Support

    This partnership marks Tyme’s strategic expansion into Southeast Asia’s financial landscape, building on its established presence in South Africa and the Philippines while offering Finfra valuable international exposure.

    Nigeria’s Moniepoint Surpasses $1B Valuation in Google-Led $110M Funding Round

    Moniepoint joins a small cohort of African 'unicorns', including Interswitch, Flutterwave, and Wave, companies that have redefined how Africans access financial services.

    Global VC 500 Global Deepens Africa Focus, Taps Senegal’s Dieng to Head African Investment Strategy

    Before joining 500 Global, Dieng served as Head of International Partnerships at Draper University and as an Investor Associate at Draper University Ventures.
    spot_img

    Keep exploring

    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.

    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

    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.

    Going Public Cost Africa-Focused Fintech Optasia Over $23M — 31% of Its Primary Raise

    The Dubai-headquartered fintech listed on the Johannesburg Stock Exchange in November 2025.

    Europe’s EIB Backs Speedinvest to Channel $230M Into African Fintech Startups

    The Vienna-based VC firm has formalised a new vehicle targeting fintech and mobile-first startups across North and Sub-Saharan Africa.