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    Ecosystem News

    South Africa’s Araxi Acquires Fintech Pay@ for $62m to Consolidate Regional Payments

    Over the last 12 months, the company processed more than R60bn ($3.7bn) in transaction value.
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    Ecosystem News

    The Electron Gold Rush: South Africa’s Energy Trading Market Enters a ‘Big Bang’ Phase

    For the first time, South African businesses and municipalities are no longer just “customers” — they are “shoppers” in a competitive market.
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    Ecosystem News

    Breadfast Raises $50M Pre-Series C as Novastar Leads Rare Late-Stage Bet in Egypt

    The Egyptian quick-commerce player is defying the continent's tech downturn.
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    Ecosystem News

    Zambian Neobank Lupiya Raises $11.2m Series A to Expand Across Southern Africa

    Founded in 2016, Lupiya operates as a digital-first financial services provider targeting Zambia’s unbanked and underbanked populations.
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    Fintech Unicorn Wave Tightens Its Grip on Senegal With a Push Into Healthcare Payments

    The move places Wave — already one of the most dominant financial technology players in francophone Africa — at the centre of another critical public service.
    Policy & Regulations Forum

    From Scale-ups to ‘Foreign Agents’: Uganda’s Fintechs Face a Regulatory Death Sentence

    Ugandans living abroad have found themselves unexpectedly classified as potential threats to the state.

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    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling
    Partner Content

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

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    Updates

    Fintech Unicorn Wave Tightens Its Grip on Senegal With a Push Into Healthcare Payments

    The move places Wave — already one of the most dominant financial technology players in francophone Africa — at the centre of another critical public service.
    Policy & Regulations Forum

    From Scale-ups to ‘Foreign Agents’: Uganda’s Fintechs Face a Regulatory Death Sentence

    Ugandans living abroad have found themselves unexpectedly classified as potential threats to the state.
    Updates

    From Mini-Grids to Solar Homes: FEI Expands Its Mandate With $750m Target

    Currently operating with roughly $361m in assets under management (AUM), the fund has already deployed $482m across 25 African countries.
    Ecosystem News

    Ghana-Founded Insurtech Pioneer Bima to be Acquired in $119m Digital Health Roll-Up

    Bima, the insurtech startup that began as a micro-insurance pilot in Ghana and scaled to reach millions across emerging markets.

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