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    Ecosystem News

    South African Climate-tech Plentify Secures Funding for International Expansion

    “Plentify may have cracked the code on how to architect energy management in the smart home of the future — enabling homes to cheaply and easily maximize their solar self-consumption.”

    Egypt’s Kemitt Secures Undisclosed Funding, Expands into Saudi Arabia

    With over 100,000 SKUs, Kemitt’s unique on-demand manufacturing model ensures orders are delivered efficiently within 7 to 12 days.

    IFC Leads $157.5M Funding Round in Egyptian Fintech Giant MNT-Halan

    This latest capital infusion follows a series of substantial funding rounds totaling $520 million over the past two years.

    Meta, WhatsApp Hit with Record $220M Fine in Nigeria, Vow to Fight Back

    The FCCPC’s investigation, conducted jointly with the Nigeria Data Protection Commission (NDPC), found that Meta and WhatsApp engaged in abusive and invasive practices against Nigerian consumers and data subjects
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    Estonia’s Yaga Finds Rare Profitability in Africa’s Mass-Market Fashion Scene

    The secondhand marketplace has raised €4M to expand into MENA, a region littered with high-profile failed fashion-tech ventures.

    Nigeria’s Lidya Joins Capiter in the Graveyard of African Founder-Investor Fallouts

    The company’s collapse brings a dramatic end to a venture launched in 2016 by Jumia alumni Tunde Kehinde and Ercin Eksin.

    Bitcoin, Nvidia and Staking: What Luno’s 6.3m South African Users Are Actually Buying

    The age distribution skews toward working-age professionals. The 25–34 cohort represents 37% of users, followed by 35–44 year-olds at 26%.

    The British Remittance Fintech Powering Central Africa’s $1B Mobile Money Boom

    The rise of mobile money remittances is having a profound impact on the CEMAC region.

    Latest articles

    Estonia’s Yaga Finds Rare Profitability in Africa’s Mass-Market Fashion Scene

    The secondhand marketplace has raised €4M to expand into MENA, a region littered with high-profile failed fashion-tech ventures.

    Nigeria’s Lidya Joins Capiter in the Graveyard of African Founder-Investor Fallouts

    The company’s collapse brings a dramatic end to a venture launched in 2016 by Jumia alumni Tunde Kehinde and Ercin Eksin.

    Morocco’s Startup Cap Tables Get a Deepening Pan-African Makeover

    Historically, Africa’s VC scene has been split.

    South Africa’s Solar Startups Win Major Concession on $1,700 Solar Registration Fee

    Solar startups reported that customers were delaying or cancelling installations due to the high costs and complexity of the registration process.