Ecosystem
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Chams’ Q1 profit before tax dropped 54% to ₦181.5m despite revenue growth, as soaring finance costs weighed on the tech firm’s earnings.
Flutterwave CTO Gurbhej Dhillon exits after three years, marking another high-profile departure. His tenure included key partnerships and the relaunch of Send App, serving 34+ countries.
Nigerian firm Aruwa Capital raises $35M for its second fund, with strong backing from global and local investors. Focused on driving growth in SMEs, it continues to prioritise women-led businesses.
The world is five years away from the SDGs deadline, and African technology companies are making significant contributions to reaching the set goals.
From agritech to ecommerce and logistics, Kano is home to a budding tech startup ecosystem. These emerging startups are reshaping the economic landscape of Kano
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 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.
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% of total funding.
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 projections are key.
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, the Bybit scholarship is open to all Africans.
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.