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    WESTERN AFRICA

    Ecosystem News

    Ivorian Fintech Startup Djamo Lands Funding from State-Owned Investment Fund Post-Series B

    Djamo raised $13m in Series B round from investors last year.
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    WESTERN AFRICA

    Jail and $8M Fine: Senegal’s Appeal Court Seals Wari Founder’s Fate — A Pioneer Before Fintech Unicorn Wave

    The court has upheld conviction for illegal co-founder share dilution fraud, a dramatic downfall for the innovator who laid the groundwork for fintech success stories like Wave.
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    WESTERN AFRICA

    Embattled Nigerian Fintech Founder Launches New AI Project Amid US SEC Ordeal

    From Wall Street to AI: Amid legal battles and the collapse of his fintech empire, a Nigerian fintech founder has launched a substantial AI project, marking a dramatic new twist to...
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    WESTERN AFRICA

    Bento CEO’s ‘Chaotic’ Run Comes to an End Amidst Tax Allegations and Client Exodus

    This is not the first time Mr. Okubanjo’s leadership has come under scrutiny.
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    Meet the South African ‘Sharks’ Hunting AI Deals with a New $200M Fund

    “We don’t just deploy capital; we create exceptional returns by working to grow the businesses we invest in.”
    Analysis & Opinions

    The 2025 Angel Map: Who’s Investing Where, from M Empire in Cairo to MAX Founders in Lagos

    A 2025 analysis reveals over $50M in angel-backed deals as organized networks professionalize to fill the pre-seed void, but a total lack of exits poses a long-term threat.

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    TymeBank Names CCO Cheslyn Jacobs as New CEO Ahead of IPO Push

    Karl Westvig, who oversaw the fintech’s unicorn valuation, will move to an advisory role as the 11m-customer bank preps for a 2028 NYSE listing.
    Partner Content

    Proptech-as-a-Bank: Inside Nawy’s Oversubscribed Mortgage Fund Sold Out in Ten Days

    “This fund proves that when innovation meets experience and a bold regulator, new opportunities emerge.”

    Latest articles

    Updates

    Meet the South African ‘Sharks’ Hunting AI Deals with a New $200M Fund

    “We don’t just deploy capital; we create exceptional returns by working to grow the businesses we invest in.”
    Analysis & Opinions

    The 2025 Angel Map: Who’s Investing Where, from M Empire in Cairo to MAX Founders in Lagos

    A 2025 analysis reveals over $50M in angel-backed deals as organized networks professionalize to fill the pre-seed void, but a total lack of exits poses a long-term threat.
    Partner Content

    From Media Giant to Family Business: Meet the First Firms Tapping Nigeria’s Landmark $200M Cleantech Fund — Updated

    A mix of established mini-grid operators, a family-run business, and a media giant's new energy venture are among the first to receive funding to build hundreds of solar mini-grids across Nigeria.
    Updates

    African Startup Deal Tracker — Newest Deals

    While the spotlight often shines on headline-grabbing mega-rounds, the bedrock of Africa’s rapidly growing...

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

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