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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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    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.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week.

    From Free to Fees: Egyptians Outraged as ‘Non-Profit’ Central Bank Turns Popular InstaPay Into a Profit Machine

    InstaPay, launched in April 2022 by the Egyptian Banks Company (EBC), the technological arm of the Central Bank of Egypt (CBE), quickly gained traction, amassing a user base of 12 million by the end of 2024.

    From Ghana to South Africa: The Quiet Powerhouse Mining African Startups for Potential Windfalls

    Beyond the well-documented influx of venture capital into the continent’s growing tech scene, a less visible but equally impactful dynamic is at play.

    “Africa’s the Next Major Frontier”: US VC Firm MaC Invests Over $20M, Gears Up for More with $150M War Chest

    “We look for companies that can have a sustained competitive advantage given a specific geography.”

    Ex-Aerobotics Exec Raises Funding for South African AI Venture Nosible

    NOSIBLE’s core proposition rests on the idea that increased search capabilities directly translate to smarter AI agents, enabling deeper and faster insights.

    More Engineers Than Startups: What’s Holding Algeria’s Startup Ecosystem Back?

    “Algeria is a goldmine waiting to be fully explored.”

    From Debts to Trade Secrets Theft: Inside the Collapse of Kenyan BNPL Startup Lipa Later

    The appointment of an administrator marks a critical juncture for Lipa Later.

    Egyptian Fintech BanknBox Plants Flag in Qatar Amid Regional Growth Push

    Gulf nations have actively cultivated more attractive environments for startups.

    Northern Light: As US Priorities Evolve, Europe’s North Stakes Big on African Renewables

    The recent flurry of financial activity highlights this trend.

    From Loans to Light: Nigeria’s Payhippo Reinvents Itself as Rivy, Securing $4 Million to Fuel Clean Energy Ambitions

    Instead of directly supplying clean energy solutions, Rivy operates a marketplace model.

    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.”

    Valu Tests New $20M Debt Deal amid Central Bank Squeeze

    The transaction arrives amidst a major regulatory reset for Egypt’s structured finance market.

    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.