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Africa’s Universities Are Birthing Deeptech Startups. But Who Should Be CEO?

A new wave of deeptech startups is emerging from African university labs, but turning complex science into a global business often requires more than just a brilliant academic at the helm.

August 7, 2025

Ecosystem News

Jumia’s Pivot to First-Party Sales Pays Off as Brands Like Starlink and Adidas Fuel 47% Growth

The African ecommerce company saw revenue jump 25% and says it's on track to hit breakeven by the end of 2026.

August 7, 2025

Updates

Flood, a South African S-AaaS Startup, Raises $2.5m to Embed Ecommerce in Existing Apps

The company helps telcos and banks in emerging markets turn their applications into digital marketplaces for offline merchants.

August 6, 2025

Updates

SA’s TurnStay Raises $2m to Slash Africa’s Hidden Travel Payment Fees

The round was led by the Africa-focused fintech fund First Circle Capital.

August 5, 2025

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Nigeria’s Digital Natives Are in Financial Distress. Tech Firms Should Be Worried.

For the better part of a decade, Nigeria’s consumer technology sector has operated on a reassuringly straightforward demographic premise.

March 26, 2026

Ecosystem News

FirstRand Doubles Down on AI Lender Optasia as SA Banks Hunt for Fintech Exits

This acquisition builds upon FirstRand’s initial strategic investment in October 2025, when the bank took a 20.1% stake in the fintech.

March 26, 2026

Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

March 23, 2026

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