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    Egyptian Venture Funds Hunt for Cash Returns Amid Liquidity Crunch

    Cairo-based investors pivot from portfolio mark-ups to partial divestments and trade sales to satisfy foreign limited partners.

    Canal+ and General Catalyst Back African Payments Startup Moment in $22M Series A

    “Within three years of launch, we are processing for some of Africa’s leading brands.”
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    Who Can Afford Ethiopia’s $38.5 Million Foreign Banking Price Tag?

    While these fees are modest compared to capital requirements, they add to the cumulative cost of market entry.

    From $100M Exit to 26 Startup Investments: Expensya Co-Founder Karim Jouini’s Strategy — “Focus Is Key”

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    Leading the combined entity is Nic Klopper, CEO and co-founder of hearX, who will assume the role of CEO for LXE Hearing.

    South African Pre-Seed Tech Startups Targeted in New Funding Drive

    The Seed Fund is designed as a follow-on funding mechanism for applicants who have successfully completed a Pre-Seed funded project.

    Despite Kyiv Office Launch, Africa Remains Main Investment Destination  for Swedfund— Including in Funds Targeting Startups

    Notable African investments in 2024 included a $5 million loan to Apollo Agriculture, an agri-fintech company operating in Kenya and Zambia, aimed at bolstering food security for smallholder farmers.

    Taiwanese Chip Giant Backs Egypt’s InfiniLink in $10M Seed Round to Tackle AI Data Bottleneck

    MediaTek already has a history of collaboration with InfiniLink.

    $200M Novastar Africa People and Planet Fund Draws Key European and Japanese Investors

    Novastar Ventures, with headquarters in the UK and on-the-ground presence in Nairobi and Lagos, screens over 100 startups annually.

    Toyota’s African Venture Capital Arm, Mobility 54, Names New Chief Executive

    The CVC's portfolio includes notable companies such as OnePort, Kai Senegal, InTouch, MojaRide, and BasiGo

    Local Investors to the Rescue as African Startups Fight for Venture Funding in March 

    Launch Base Africa data suggests a growing reliance on local capital as global venture funding faces geopolitical and economic uncertainties.

    From Barbados to Ban: Nigeria’s Solar Ambitions Face a Homemade Hurdle

    "Every potential ban in Nigeria has often begun with an intention."

    Tanzanian FMCG Distributor Sumet Technologies Raises $1.5m to Fuel Expansion

    Founded in 2022, Sumet leverages a technology-driven platform to connect FMCG brands with a network of over 6,500 active retailers spanning all 26 provinces of mainland Tanzania.

    Over 30,000 Petitioners Demand Justice for Nigerian Tech Founder Killed in Crash

    The brutal death of Adetunji Opayele, 32, a Nigerian co-founder and Chief Technical Officer of the thriving startup Bumpa, has ignited a national conversation about justice, accountability, and the value of human life.

    Latest articles

    Egyptian Venture Funds Hunt for Cash Returns Amid Liquidity Crunch

    Cairo-based investors pivot from portfolio mark-ups to partial divestments and trade sales to satisfy foreign limited partners.

    Canal+ and General Catalyst Back African Payments Startup Moment in $22M Series A

    “Within three years of launch, we are processing for some of Africa’s leading brands.”

    Stablecoins and Data-Driven Lending: What African Tech Investors Backed in July

    Foreign investors accounted for about 70 per cent of all investor participations in July.

    SA Repeat Founders Process Over $60m in Six Months With Stablecoin Safari Startup

    Cape Town-based start-up uses stablecoins and a merchant-of-record model to undercut transaction fees that have long burdened African tourism businesses.