Ecosystem News
EASTERN AFRICA
“We Succeeded in Acquiring the Tech Back” — iProcure Co-Founder Reflects on Journey Post-Administration
"We had to employ executives who took stock options and were paid four times our salary for something we spent eight years building."
NORTHERN AFRICA
Egypt’s Rabbit Mobility Raises $1.3M to Roll Out Electric Scooters across North Africa
The fresh capital injection will support Rabbit Mobility’s efforts to expand its fleet and scale operations, enhancing its market presence in Egypt and setting the stage for a broader rollout across North Africa.
Latest Funding
Singapore’s XA Network Backs African Startups in Latest Global Expansion
Singapore-based investment network XA Network has announced its expansion into Africa with the launch...
Ecosystem News
IFC Backs $200M Acumen Fund to Light Up Africa
Acumen ’s Hardest-to-Reach Fund targets off-grid solar companies operating in 16 countries across Sub-Saharan Africa.
Ecosystem News
Kenya-Based VC Firm DOB Equity Pivots Investment Strategy Under New CEO
As DOB Equity embarks on this new chapter, the industry will be closely observing how the firm’s refocused strategy will shape its future.
Analysis & Opinion
Analysis & Opinions
Why Are Egyptian Startups Moving Headquarters Abroad, in Droves?
This migration is not just a matter of convenience.
Analysis & Opinions
For African Startups, Monthly Reports Are a Necessity for Landing Follow-on Funding
With the capital environment becoming more competitive, 72.2% of surveyed investors confirmed that they have ramped up their reporting requirements over the last 18 months.
Analysis & Opinions
The Rise and Fall of Crowdfunding Platforms in Africa: Why More Startups Are Looking Overseas
This preference for foreign-based crowdfunding platforms speaks to the challenges local ones face in meeting the needs of fast-growing startups.
Analysis & Opinions
Tired of Equity Deals? Meet the Growing List of Investors Backing Revenue-Based Financing for African Startups
Rather than surrendering equity or taking on high-interest debt, founders can receive loans based on future earnings and repay them through a percentage of their monthly revenue.
Analysis & Opinions
The Rise and Rise of Heavyweight National Startup Funds Across North Africa
In a region where access to capital remains a key challenge for many startups, Egypt Ventures, for example, has emerged as a model of how government-backed venture capital can play a catalytic role.
Partner Content
Partner Content
Mobility Fintech Moove Enters Mexico City as Part of Latin America Expansion
Moove, founded in 2020 by Ladi Delano and Jide Odunsi, initially focused on addressing the challenges of vehicle financing in African markets.
Partner Content
Moroccan Venture Capital Giant Rebrands as MNF Ventures Amidst Setbacks, Global Growth
MNF Ventures’ flagship fund, Maroc Numeric Fund II, operates as an institutional vehicle focused on nurturing technological innovation
Partner Content
Ghanaian HealthTech mPharma Doubles Down on Profitable Francophone Africa Expansion
The renewed focus by mPharma on Francophone Africa comes on the heels of its latest fundraising round.
Partner Content
Morocco Seeks Incubators and Accelerators for National Venture Building Program
The initiative is aimed at attracting both national and international players in the venture-building ecosystem, including incubators and accelerators, to support Moroccan startups through a range of services.
Partner Content
Over 3,000 Withdrawal Points as Tunisia’s My Easy Transfer Debuts in Morocco
The Khenissi brothers, both of whom have backgrounds in global banking and technology, saw an opportunity to address the complexities of cross-border money transfers.
Governance, Policy & Regulations Forum
Policy & Regulations Forum
Time to Take the Plunge: Ethiopia Opens Its Doors to Foreign Logistics Startups
The Ministry of Transport & Logistics (MoTL) has flung open the doors to its long-insulated logistics sector, inviting foreign investors to hold a full 100% ownership in logistics companies.
Policy & Regulations Forum
New Visa for Digital Nomads in Kenya? Don’t Pack Your Bags Just Yet
The Digital Nomad Work Permit promises remote workers from across the globe the opportunity to live and work in Kenya.
Policy & Regulations Forum
Are Nigerian Startups Ready for the Government’s New Tax Regime?
For small businesses — those blessed with less than ₦2 million ($1,197) worth of transactions per month — this sounds like a reprieve.
Policy & Regulations Forum
How Not to Run a Fintech in Ethiopia — Lessons from SunPay Solutions’ License Revocation
SunPay’s downfall wasn’t just about regulatory negligence. The company’s handling of day-to-day business affairs also left much to be desired.
All the Latest Articles
EASTERN AFRICA
“We Succeeded in Acquiring the Tech Back” — iProcure Co-Founder Reflects on Journey Post-Administration
"We had to employ executives who took stock options and were paid four times our salary for something we spent eight years building."
NORTHERN AFRICA
Egypt’s Rabbit Mobility Raises $1.3M to Roll Out Electric Scooters across North Africa
The fresh capital injection will support Rabbit Mobility’s efforts to expand its fleet and scale operations, enhancing its market presence in Egypt and setting the stage for a broader rollout across North Africa.
Partner Content
Mobility Fintech Moove Enters Mexico City as Part of Latin America Expansion
Moove, founded in 2020 by Ladi Delano and Jide Odunsi, initially focused on addressing the challenges of vehicle financing in African markets.
Latest Funding
Singapore’s XA Network Backs African Startups in Latest Global Expansion
Singapore-based investment network XA Network has announced its expansion into Africa with the launch...
Updates
MaxAB Co-founder Departs Two Months After Landmark Merger with Wasoko
Since co-founding MaxAB in 2018, Ben Halim has been instrumental in steering the company’s growth across Egypt and Morocco
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