More
    Ecosystem News

    Egypt’s Breadfast Caught in Geopolitical Crossfire After $50m Raise

    Last month, Breadfast announced it had raised $50m in a pre-Series C round led by Novastar Ventures through its People and Planet Fund III (NVIII).

    Hlayisani Raises $30M to Tackle South Africa’s Series A Drought

    The firm typically seeks significant minority stakes in companies requiring equity investments of between USD600K — USD6M

    African Startups Raise $340m in February as Debt Eclipses Venture Equity

    This month, Nigerian venture capital firms were the largest exporters of capital.

    Afreximbank Deepens Bet on Spiro With Over $200m in Backing in Two Years

    The rapid succession of capital injections makes Spiro one of the most heavily capitalized e-mobility players operating on the continent.

    Beltone Widens Its Investment Stack to Capture Growth-Stage Winners

    The Cairo-based financial group is expanding its investment stack beyond early-stage bets.
    Analysis & Opinion

    African Startup Funding in Early 2026: More Money, Less Venture

    The squeeze is most visible at the growth stages.

    Ten Key Trends That Shaped African Tech Funding in February

    Across 29 disclosed deals, African startups and growth-stage companies raised at least $340.5m in February. The number tells one story. How the money moved tells a different one.

    What Failed African Startups Taught Their Most Active Investors

    From Sendy to Dash to Copia, a wave of high-profile collapses has quietly rewritten the investment playbooks of the continent's most prolific funds.

    Beyond Borders: The African Countries Attracting the Most Capital from Nigerian VC Firms

    Collectively, the data reveals a venture capital community in transition — albeit a cautious and selective one.

    Fresh Funds African Tech Firms Can Pitch to in 2026

    The list also features hundreds of the most active funds in 2025.

    Partner Content

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model 

    Nigeria Is Now M-KOPA’s Most Productive Market. Here’s How Its 11K Agent Network Changed the Game

    Here is an analysis of why Nigeria’s sales network is outperforming its peers.

    The Diaspora Founder Formula Behind Côte d’Ivoire’s Most Prolific Venture Studio

    Mstudio now accounts for 68% of all disclosed pre-seed and seed rounds in the country.

    MaxAB-Wasoko Swaps Founders for Operators in Hunt for Profitability

    Following the departure of Wasoko founder Daniel Yu as CEO late last year, the combined entity is now aggressively reshuffling its regional leadership...

    Bosta’s Blitz: Can a SuperJet Deal and a Planned IPO Fix Egypt’s Last-Mile Growing Pains?

    Bosta is successfully executing the first half of the “Scale-at-All-Costs”

    Governance, Policy & Regulations Forum

    MNT-Halan’s New Moat? Egypt Freezes New Fintech Licences After 182% Growth

    For MNT-Halan and its peers, the next 12 months offer something almost as valuable as capital: time.

    Ethiopia Bans Birr-Based Crypto Trading as Forex Pressures Mount

    Any form of Birr-denominated P2P trading or exchange involving cryptocurrencies, the notice added, “is also prohibited.”

    Egypt’s First ‘Startup Label’ Goes to Digital Lender Flend

    Flend, a digital lender for small and medium-sized enterprises (SMEs), has become the first Egyptian company to be officially granted "Startup Label" certification.

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.

    All the Latest Articles

    AfDB Backs Francophone Tech With $7.6m Bet on Saviu II Under New President

    Saviu II is managed by Saviu Partners and will target seed-stage and first institutional rounds, writing cheques of between €500,000 and €3m.

    Egypt’s Breadfast Caught in Geopolitical Crossfire After $50m Raise

    Last month, Breadfast announced it had raised $50m in a pre-Series C round led by Novastar Ventures through its People and Planet Fund III (NVIII).

    MNT-Halan’s New Moat? Egypt Freezes New Fintech Licences After 182% Growth

    For MNT-Halan and its peers, the next 12 months offer something almost as valuable as capital: time.

    African Startup Funding in Early 2026: More Money, Less Venture

    The squeeze is most visible at the growth stages.

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model