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    Ecosystem News

    Jumia Raises $99.6M in New Offering as Currency Depreciation Hits Key Markets

    Jumia’s capital raise comes in the wake of its financial results for the first half of 2024, where the company reported $85.37 million in revenue — a slight increase from $85.28 million in the same period the previous year.
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    Ecosystem News

    FIDO Bags $10M Investment to Democratize Finance in Africa

    FIDO’s recent $10 million funding round follows its successful Series A raise of $30 million in 2022, which was led by Fortissimo Capital.
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    NORTHERN AFRICA

    Wattnow Taps into Lateral Frontiers Fund to Accelerate Global Expansion

    Wattnow has already made significant strides in the market, with its solution deployed on over 500 sites across three continents.
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    Ecosystem News

    Egypt and South Africa to the Rescue: dLocal’s ‘Africa Plan B’ Suddenly Looks Effective

    Africa remains a bright spot for the fintech giant...The region now makes up 23% of dLocal’s total gross profit, underscoring the continent’s growing importance to the company.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month
    Updates

    Loud, Quiet, or Contextual? What European and African Consumer Behaviour Reveals About Status, History and Power

    The most enduring luxury brands we encounter are those that understand why consumers signal status, not just how they do it.

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    Dot Com Zambia’s IPO Caps a Lively Year for African Tech Listings

    The massive oversubscription in Morocco (Cash Plus) and the solid retail turnout in Zambia (DCZ) debunk the myth that African retail investors won’t buy tech.
    Partner Content

    From Idea to Investable: The ‘Product-First’ Playbook Behind Africa’s ‘Toughest’ Fund

    With an acceptance rate of just 0.1%, the fund is deliberately designed to filter aggressively for ideas that can survive real-world scrutiny before capital ever becomes the differentiator.

    Latest articles

    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month
    Updates

    Loud, Quiet, or Contextual? What European and African Consumer Behaviour Reveals About Status, History and Power

    The most enduring luxury brands we encounter are those that understand why consumers signal status, not just how they do it.
    Updates

    Egypt’s Follow-on Formula: Inside the $54m Venture Engine Built by 500 Global and the State

    Since 2022, the partnership has put 380 founders from 197 startups through its seed and scale-up programs.
    Ecosystem News

    The Anti-Herd: 12 Deals That Defied Africa’s Tech Funding Playbook in 2025

    In a year when "following the herd" described most African venture activity, these outlier deals stand out for actually taking risk. Which is, theoretically, what venture capital is supposed to do.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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