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    Ecosystem News

    Fuzé Investment Series: Tunisian Fintech Konnect Networks Gets Funding Boost

    Konnect Networks, a leading payment solution provider in North Africa, offers businesses of all sizes a simple and intuitive platform to accept a variety of payment methods.

    Lateral Frontiers VC Raises $28M to Back African Tech Ventures

    The firm’s impressive track record includes four successful exits since its inception in 2018.

    Kenyan Beauty Startup Uncover Skincare Raises $1.4M in Seed Funding Round

    The company employs an omnichannel approach, combining a robust online platform with partnerships with leading retailers to ensure visibility, trust, and product availability. This hybrid strategy is crucial for success in the African beauty market.

    Antler Nairobi Opens Applications for $2M Startup Accelerator

    Each selected company will receive a $200,000 investment.
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    Why $3-a-Day Savings Convinced Afreximbank to Back Spiro’s $100M Bet on E-Bikes

    This is Africa’s largest-ever electric vehicle mobility investment so far.

    Moniepoint Closes $200M Round to Push Merchant Banking Beyond Nigeria

    The raise, which includes Visa and Google, defies a broader African tech funding downturn and will fuel the $1bn-plus-valued company’s continental expansion.

    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.

    With Grocery Dominance Secured, Egypt’s Breadfast Pushes for Unicorn Status In Latest Fintech Expansion

    The online grocer recently secured $10m from the European Bank for Reconstruction and Development to fuel its expansion into financial services and new cities.

    Latest articles

    Why $3-a-Day Savings Convinced Afreximbank to Back Spiro’s $100M Bet on E-Bikes

    This is Africa’s largest-ever electric vehicle mobility investment so far.

    Moniepoint Closes $200M Round to Push Merchant Banking Beyond Nigeria

    The raise, which includes Visa and Google, defies a broader African tech funding downturn and will fuel the $1bn-plus-valued company’s continental expansion.

    African Startup Deal Tracker — Newest Deals

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

    How Money Fellows Hit Profitability by Digitising Egypt’s Informal ‘Gam’eya’ — and Processing $1.5B

    Money Fellows has established presence in Morocco following a partnership with Attijariwafa Bank.