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    EASTERN AFRICA

    “No Evidence of Corruption”: Twiga Foods CEO Denies Allegations of Misconduct, But Key Questions Remain

    "The current leadership and Board have not seen any evidence of corruption or personal benefit linked to this lease."
    Read more
    Ecosystem News

    Kenya’s Twiga Foods Buys Up Three FMCG Distributors Amid Liquidation Allegations and Leadership Turmoil

    Twiga did not disclose the value of the transactions but emphasized that the acquired distributors would retain leadership roles in the newly consolidated operation.
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    Ecosystem News

    Moniepoint Backer DPI Takes Control of Egypt’s $100M+ Fintech Fund Nclude, Launches New Pan-African Venture Capital Arm

    DPI’s foray into venture capital comes at a time of shifting fortunes for Africa’s tech sector.
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    EASTERN AFRICA

    New Insolvency Spree Sweeps Through Kenya’s Tech Scene Amid Funding Downturn

    From well-publicised insolvency proceedings to lesser-known cases, a wave of Kenya-based startups are increasingly choosing the tough route.
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    Flat6Labs Expands to Morocco: What Can Startups Expect From Its New Accelerator?

    Flat6Labs is not the only player betting on Moroccan startups.
    Updates

    UGFS-VC’s $17M Series A Tech Fund Reaches First Close with Backing from ANAVA

    With over 15 years of experience and 20 funds structured, UGFS-VC manages assets totaling 240 million Tunisian dinars ($80 million).

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    Updates

    Flat6Labs Expands to Morocco: What Can Startups Expect From Its New Accelerator?

    Flat6Labs is not the only player betting on Moroccan startups.
    Updates

    UGFS-VC’s $17M Series A Tech Fund Reaches First Close with Backing from ANAVA

    With over 15 years of experience and 20 funds structured, UGFS-VC manages assets totaling 240 million Tunisian dinars ($80 million).
    EASTERN AFRICA

    “No Evidence of Corruption”: Twiga Foods CEO Denies Allegations of Misconduct, But Key Questions Remain

    "The current leadership and Board have not seen any evidence of corruption or personal benefit linked to this lease."
    Updates

    Nigeria’s Sovereign Wealth Fund Takes a Tentative Step into Startup Territory

    The announcement comes just days after Launch Base Africa published a detailed report on the NSIA’s cautious relationship with Nigeria’s startup ecosystem.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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