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    Ecosystem News

    Ivorian Fintech Waribei Secures Pre-Seed Funding to Expand its Digital Platform

    Waribei was founded by Ladislas Pham and Frédéric Fameni. The startup’s platform addresses a long-standing issue in West Africa’s retail sector: the limited availability of credit to SMEs.

    Endeavor South Africa Raises $10.8M in First Close of Harvest Fund III, Targets African Tech Firms 

    Endeavor aims for similar outcomes with Harvest Fund III, targeting a return of 25%, or three to four times the invested capital.

    Transform Health Fund Closes at $111M, Targets More Health-Tech After Kenya’s Lapaire

    By backing businesses focused on local supply chains, innovative care delivery, and digital solutions, the fund seeks to strengthen Africa’s healthcare systems while offering risk-adjusted returns to investors.

    A Turning Point for Moroccan Startups? $24M New Fund Faces Uphill Battle

    As bold as Morocco’s plans sound, they face an undeniable reality check.
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    Renew Capital Is Hunting for Founders Who Can Unlock Africa’s $330bn Untapped Credit Market

    Renew Capital is anchoring its new program on the premise that this exclusion is driven by underutilized data rather than inherent borrower risk.

    Madica Backs AI-First African Startups as It Refines Its Pre-Seed Playbook

    The Flourish Ventures-affiliated programme is standardising its "ticket-plus-support" mode.

    SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core

    This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.

    Latest articles

    Renew Capital Is Hunting for Founders Who Can Unlock Africa’s $330bn Untapped Credit Market

    Renew Capital is anchoring its new program on the premise that this exclusion is driven by underutilized data rather than inherent borrower risk.

    Madica Backs AI-First African Startups as It Refines Its Pre-Seed Playbook

    The Flourish Ventures-affiliated programme is standardising its "ticket-plus-support" mode.

    Hassanein Hiridjee’s Outsized Stake Reshapes Power at Jumia Technologies

    Whether this influence evolves into a full takeover remains uncertain.

    Egyptian Fintech Lucky Hits Profitability, Raises $23m Series B for North African Expansion

    The latest round comprises a mix of equity and debt.