Updates

HomeUpdates

Deals

Partner Content

Elmenus Founder Steps Down, Latest in a Wave of Egyptian Startup CEO Changes

The pressure for strategic evolution at Elmenus is amplified by the dominant performance of its main rival.

July 28, 2025

WESTERN AFRICA

Massive Data Fraud Scheme Exposes KYC Vulnerabilities in Nigerian Fintech

"Information available revealed that the actors are up to 12,000 all over the country seeking account donors."

July 25, 2025

Partner Content

From Men’s Shoes to Mobile Phones: Jumia’s Pivot to Africa’s Secondary Cities Is Starting to Pay Off

Making this strategy work requires a fundamentally different approach to logistics.

July 25, 2025

Updates

Senegal’s Sovereign Wealth Fund Backs Eyone Medical with $3M in First Deployment from $89M Oyass Capital Fund

The investments are the first to be made by Oyass Capital, a 52 billion CFA franc ($89 million) SME-focused private equity fund sponsored by the Senegalese Sovereign Strategic Investment Fund (FONSIS).

July 24, 2025

1...707172...224 Page 71 of 224

Keep exploring

Don't Miss

Updates

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

Partner Content