Ecosystem

Enugu state is one of Nigeria’s growing tech hub, with startups ranging from fintechs to sustainable energy, the city is set to become one of Nigeria’s most innovative places.


Moniepoint investor, Development Partners International, has taken over Egypt’s Nclude Fund, marking a major leadership shift and strengthening its African footprint.


Nigeria’s tech ecosystem continues to grow, but the gap between talent demand and supply remains wide. In response, Product Hub Africa is betting on grassroots training to bridge that divide.


Spotify’s growth in Africa has seen significant growth with the music streaming company paying R400 million in royalties to South African artists in 2024—a 54% increase from 2023.


Google’s video streaming platform, YouTube has increased the price of its premium service in Nigeria and South Africa.


A report by Dream VC in partnership with A&A Collective details compensation structures for African venture capital roles.


In March 2025, African startups raised just $50 million, the lowest monthly total since late 2020 and an 82.7% drop from January’s $289 million. Meanwhile, female-led startups secured just 2%…


As SaaS providers like Google increase prices in Africa, affordability is becoming a major concern. Mercurie’s centralised platform wants to address this issue by reducing costs and streamlining payment processes.


A change.org petition has revealed details surrounding the death of Bumpa co-founder Adetunji Opeyele.


Samsung has added Kiswahili and Amharic to its smartphones, expanding digital access for millions across East Africa and reinforcing its commitment to language inclusion in Africa.


Startup valuation in Switzerland: Multiples (revenue, EBITDA) differ by sector (e.g., tech vs. retail). Factors: growth, risk. Early stage: revenue multiples. Mature: EBITDA. Consider CAC, LTV. Adapt to market. Realistic…


Startup failures are becoming more frequent. In conversation with Justin Stanford, General Partner at 4Di Capital, we explore why startups fail and what founders can do.


AltSchool Africa now has a partnership with two of the largest crypto exchanges in the world, Binance and ByBit to offer scholarships to Africans. While the Binance deal exempted Nigerians,…


Africa’s VC funding surged 1,597% from 2015-2023, yet female founders got just 2.3% in 2024. Bias, low representation, and limited support hinder growth.


British International Investment (BII) has invested $20 million in the Aliko Dangote-backed Alterra Africa Accelerator Fund to boost mid-cap tech and telecom firms in Africa.


Artificial Intelligence is changing the way businesses are run. In Nigeria, women led businesses could see drastic growth through AI skills with a new partnership by Nimbus Aid Foundation and…


Bernard Laurendeau, Managing Partner of Laurendeau & Associates, discusses how Africa can benefit from stronger ties with Japan, focusing on financial services, technology, and consumer goods.


Helios Investment Partners targets $750M for its fifth fund, with backing from IFC and EIB. The fund will focus on digital infrastructure, fintech, and tech-enabled sectors across Africa.


Zipline is expanding its drone delivery services to five more Nigerian states, revolutionizing healthcare logistics by ensuring faster, more efficient medical supply distribution.


LoftyInc Capital has hit the first close of its third fund. Backed by major development finance institutions, the firm aims to help African startups scale to Series A.


Who’s building what in Enugu’s startup ecosystem?

Enugu state is one of Nigeria’s growing tech hub, with startups ranging from fintechs to sustainable energy, the city is set to become one of Nigeria’s most innovative places.

Follow the story

Moniepoint investor takes over Egypt’s $105M Nclude with new venture fund

Moniepoint investor, Development Partners International, has taken over Egypt’s Nclude Fund, marking a major leadership shift and strengthening its African footprint.

Follow the story

Can grassroots tech training close Nigeria’s digital skills gap?

Nigeria’s tech ecosystem continues to grow, but the gap between talent demand and supply remains wide. In response, Product Hub Africa is betting on grassroots training to bridge that divide.

Follow the story

Spotify paid South African artists R400m in 2024 — here’s what that means for Africa’s music economy

Spotify’s growth in Africa has seen significant growth with the music streaming company paying R400 million in royalties to South African artists in 2024—a 54% increase from 2023.

Follow the story

YouTube increases Premium price in Nigeria and South Africa

Google’s video streaming platform, YouTube has increased the price of its premium service in Nigeria and South Africa.

Follow the story

Why Africa’s venture capitalists are earning below global standards

A report by Dream VC in partnership with A&A Collective details compensation structures for African venture capital roles.

Follow the story

Female-led ventures get just 2% as Africa’s startup funding dips in March 2025

In March 2025, African startups raised just $50 million, the lowest monthly total since late 2020 and an 82.7% drop from January’s $289 million. Meanwhile, female-led startups secured just 2% of total funding.

Follow the story

Mercurie wants to help African businesses pay for subscriptions in one place

As SaaS providers like Google increase prices in Africa, affordability is becoming a major concern. Mercurie’s centralised platform wants to address this issue by reducing costs and streamlining payment processes.

Follow the story

Petition reveals tragic details of Bumpa Co-founder Adetunji Opayele’s death 

A change.org petition has revealed details surrounding the death of Bumpa co-founder Adetunji Opeyele.

Follow the story

Samsung adds Kiswahili, Amharic support to boost digital inclusion in East Africa

Samsung has added Kiswahili and Amharic to its smartphones, expanding digital access for millions across East Africa and reinforcing its commitment to language inclusion in Africa.

Follow the story

Startup valuation multiples across industries explained.

Startup valuation in Switzerland: Multiples (revenue, EBITDA) differ by sector (e.g., tech vs. retail). Factors: growth, risk. Early stage: revenue multiples. Mature: EBITDA. Consider CAC, LTV. Adapt to market. Realistic projections are key.

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Why over 50% of Africa’s startups might not survive

Startup failures are becoming more frequent. In conversation with Justin Stanford, General Partner at 4Di Capital, we explore why startups fail and what founders can do.

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AltSchool Africa partners with Bybit to offer 1,000 scholarships four months after Binance deal

AltSchool Africa now has a partnership with two of the largest crypto exchanges in the world, Binance and ByBit to offer scholarships to Africans. While the Binance deal exempted Nigerians, the Bybit scholarship is open to all Africans.

Follow the story

Why African venture capital must target local female entrepreneurs

Africa’s VC funding surged 1,597% from 2015-2023, yet female founders got just 2.3% in 2024. Bias, low representation, and limited support hinder growth.

Follow the story

Dangote-backed tech Fund secures $20m from UK’s BII

British International Investment (BII) has invested $20 million in the Aliko Dangote-backed Alterra Africa Accelerator Fund to boost mid-cap tech and telecom firms in Africa.

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How ALX and Nimbus Aid Foundation want to transform women-led businesses with AI

Artificial Intelligence is changing the way businesses are run. In Nigeria, women led businesses could see drastic growth through AI skills with a new partnership by Nimbus Aid Foundation and ALX Nigeria.

Follow the story

How Africa can leverage relations with Japan for growth 

Bernard Laurendeau, Managing Partner of Laurendeau & Associates, discusses how Africa can benefit from stronger ties with Japan, focusing on financial services, technology, and consumer goods.

Follow the story

IFC and EIB back Helios V’s $750M fund

Helios Investment Partners targets $750M for its fifth fund, with backing from IFC and EIB. The fund will focus on digital infrastructure, fintech, and tech-enabled sectors across Africa.

Follow the story

Zipline to expand drone service in Nigeria to improve healthcare logistics

Zipline is expanding its drone delivery services to five more Nigerian states, revolutionizing healthcare logistics by ensuring faster, more efficient medical supply distribution.

Follow the story

LoftyInc Capital raises $43m to invest in seed and Series A startups  

LoftyInc Capital has hit the first close of its third fund. Backed by major development finance institutions, the firm aims to help African startups scale to Series A.

Follow the story

Enugu state is one of Nigeria’s growing tech hub, with startups ranging from fintechs to sustainable energy, the city is set to become one of Nigeria’s most innovative places.


Moniepoint investor, Development Partners International, has taken over Egypt’s Nclude Fund, marking a major leadership shift and strengthening its African footprint.


Nigeria’s tech ecosystem continues to grow, but the gap between talent demand and supply remains wide. In response, Product Hub Africa is betting on grassroots training to bridge that divide.


Spotify’s growth in Africa has seen significant growth with the music streaming company paying R400 million in royalties to South African artists in 2024—a 54% increase from 2023.


Google’s video streaming platform, YouTube has increased the price of its premium service in Nigeria and South Africa.


A report by Dream VC in partnership with A&A Collective details compensation structures for African venture capital roles.


In March 2025, African startups raised just $50 million, the lowest monthly total since late 2020 and an 82.7% drop from January’s $289 million. Meanwhile, female-led startups secured just 2%…


As SaaS providers like Google increase prices in Africa, affordability is becoming a major concern. Mercurie’s centralised platform wants to address this issue by reducing costs and streamlining payment processes.


A change.org petition has revealed details surrounding the death of Bumpa co-founder Adetunji Opeyele.


Samsung has added Kiswahili and Amharic to its smartphones, expanding digital access for millions across East Africa and reinforcing its commitment to language inclusion in Africa.


Startup valuation in Switzerland: Multiples (revenue, EBITDA) differ by sector (e.g., tech vs. retail). Factors: growth, risk. Early stage: revenue multiples. Mature: EBITDA. Consider CAC, LTV. Adapt to market. Realistic…


Startup failures are becoming more frequent. In conversation with Justin Stanford, General Partner at 4Di Capital, we explore why startups fail and what founders can do.


AltSchool Africa now has a partnership with two of the largest crypto exchanges in the world, Binance and ByBit to offer scholarships to Africans. While the Binance deal exempted Nigerians,…


Africa’s VC funding surged 1,597% from 2015-2023, yet female founders got just 2.3% in 2024. Bias, low representation, and limited support hinder growth.


British International Investment (BII) has invested $20 million in the Aliko Dangote-backed Alterra Africa Accelerator Fund to boost mid-cap tech and telecom firms in Africa.


Artificial Intelligence is changing the way businesses are run. In Nigeria, women led businesses could see drastic growth through AI skills with a new partnership by Nimbus Aid Foundation and…


Bernard Laurendeau, Managing Partner of Laurendeau & Associates, discusses how Africa can benefit from stronger ties with Japan, focusing on financial services, technology, and consumer goods.


Helios Investment Partners targets $750M for its fifth fund, with backing from IFC and EIB. The fund will focus on digital infrastructure, fintech, and tech-enabled sectors across Africa.


Zipline is expanding its drone delivery services to five more Nigerian states, revolutionizing healthcare logistics by ensuring faster, more efficient medical supply distribution.


LoftyInc Capital has hit the first close of its third fund. Backed by major development finance institutions, the firm aims to help African startups scale to Series A.