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    Ecosystem News

    MultiChoice’s Fintech Arm ‘Moment’ Reaches $80M Valuation Following Recent $22M Funding Round

    Founded in 2023, Moment is a joint venture between MultiChoice, payments platform Rapyd, and venture capital firm General Catalyst.

    Amsterdam Accelerator Startupbootcamp Eyes African Tech Market with $250M Fund

    The fund, announced at the Future Investment Initiative summit in Saudi Arabia, will focus on key startup hubs across Africa, including South Africa, Nigeria, Kenya, Ivory Coast, and Egypt.

    Backed by Africa’s Leading ClimateTech Investors, Nigerian IoT Startup Shyft Power Merges with UK Rival

    Shyft Power Solutions has made a unique mark as a female-founded and led African tech company, a rarity in the region’s venture capital ecosystem

    Beacon Power Services Raises $29.8M Series A Funding, Backed by Partech

    The new funding will enable BPS to expand its operations beyond Nigeria and Ghana into additional markets across Eastern and Southern Africa.
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    FINCA Ventures Backs Six African Resilience Tech Startups with Catalytic Capital

    Washington-based impact investor deploys non-dilutive funding to early-stage fintech and agtech ventures facing persistent early-stage funding gaps.

    Why Business Owners Get Trapped in Firefighter Mode and How to Get Out

    Graham Mitchell (Business Coach, Author and Founder of Grow), writes from Sandton, South Africa

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    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.

    Latest articles

    FINCA Ventures Backs Six African Resilience Tech Startups with Catalytic Capital

    Washington-based impact investor deploys non-dilutive funding to early-stage fintech and agtech ventures facing persistent early-stage funding gaps.

    Why Business Owners Get Trapped in Firefighter Mode and How to Get Out

    Graham Mitchell (Business Coach, Author and Founder of Grow), writes from Sandton, South Africa

    Township Fibre, Mortgage Tech, and $168M in Domestic Dry Powder

    Four years after spinning out of Ethos PE, the Johannesburg-based firm signals a rare vote of confidence from local pension funds.

    The Secret Antitrust Battle That Helped Sink Koko Networks

    The collapse of Kenya's largest clean-cooking company is blamed on a government refusal to authorise carbon credit sales. A court ruling in Nairobi shows that a competition inquiry into its main supply contract was running alongside that dispute.