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    Ecosystem News

    Nigeria’s Ekiti State Aims to Become Africa’s Silicon Valley with $80 Million Tech Hub Investment

    The African Development Bank (BAD) has announced a groundbreaking initiative, revealing on February 22nd...
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    Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round

    Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group.
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    Nigeria Launches Hunt for VC Manager to Run $50m Japan-Backed Startup Fund

    The fund will target pre-seed to pre-Series A startups operating across agriculture, healthcare, education, energy, and waste and water management.

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    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval
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    From Tax Bots to Farm Finance, Hyper-Local AI Is South Africa’s New Battleground

    In an ecosystem often criticised for importing foreign business models, this wave of localised AI, built on proprietary, hard-to-replicate datasets, represents a native competitive advantage.

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    Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round

    Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group.
    Updates

    Nigeria Launches Hunt for VC Manager to Run $50m Japan-Backed Startup Fund

    The fund will target pre-seed to pre-Series A startups operating across agriculture, healthcare, education, energy, and waste and water management.
    Updates

    Britain’s Founder Visa Alternative Brings South African Fintech Float to the UK

    Card-linked instalment platform aims to unlock £250bn in unused credit card limits with backing from government programme
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    Bridgement Lands $20.3m as South Africa’s Banks Double Down on AI Lending

    South African fintech secures backing from two of the country's largest lenders to tackle a chronic funding gap for small businesses.

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