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    Ecosystem News

    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.

    Dutch VC Aqua-Spark Secures $48m for African Blue Economy Fund, Backed by KfW and AgriFI

    The close marks the culmination of a fundraising process that began in 2021.

    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...
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    Consortium of DFIs and Philanthropies Backs $176M Africa Clean Energy Platform

    Capital will flow into distributed renewable energy companies.

    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

    The sector has attracted unprecedented capital.

    Fintech Margins Under Pressure as Pan-African Payments Race Reaches Ghana

    Ghana's fintech sector has attracted intensifying interest from both regional and international players.

    Latest articles

    Consortium of DFIs and Philanthropies Backs $176M Africa Clean Energy Platform

    Capital will flow into distributed renewable energy companies.

    Victoria’s Surprise Rise Into Africa’s Startup Top Five Raises Awkward Questions About Ecosystem Rankings

    Sub-Saharan Africa’s showing in GSER 2026 is already the weakest of any region covered.

    Swvl Eyes UK and US Launches as Q1 Losses Shrink to $174K

    The Nasdaq-listed company, which started life in Cairo as a bus-booking app before pivoting into enterprise software, posted Q1 2026 revenue of $8.24m.