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    Ecosystem News

    Appeal Dismissed, Liquidation Confirmed: Court Delivers Final Blow to Mastercard-Backed $106m African Startup Fund

    A South African high court has rejected a final attempt by Africa Founders Ventures and its business rescue practitioner to overturn a winding-up order.

    France’s Digital Africa Launches $58M Seed Fund to Back Overlooked African Tech Markets

    The pan-African initiative backed by the French development finance system is launching its first dedicated seed vehicle, targeting 30 startups across 20 countries.

    SA’s Yoco Hands CEO Role to German Turnaround Specialist as Founders Step Back

    “Exploring a potential IPO would be a two-step process."

    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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    Beauty Queens, Bitcoin, and Market Rigging: Inside the Scandal Rocking Africa’s Crypto Pioneer

    A former Miss South Africa, an illiquid stock scheme, and a 20-year ban: regulators have clamped down on the executive team behind Africa’s high-profile Bitcoin treasury pioneer.

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Cash Plus Buys Into Morocco’s Airport Taxi Startup Ahead of 2030 World Cup

    Moroccan airports handled a record 36 million passengers in 2025.

    Jumia Files to Let Four Investors Sell $15m of Shares Two Weeks After Rescue Raise

    The registration statement confirms that some investors who stepped in to save Jumia are already positioning to leave.

    Latest articles

    Beauty Queens, Bitcoin, and Market Rigging: Inside the Scandal Rocking Africa’s Crypto Pioneer

    A former Miss South Africa, an illiquid stock scheme, and a 20-year ban: regulators have clamped down on the executive team behind Africa’s high-profile Bitcoin treasury pioneer.

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    The US Startup Controlling Nigeria’s $1.1bn Clean Energy Pipeline Just Raised $74m

    Odyssey’s deepest institutional footprint is in Nigeria.

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.