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    EASTERN AFRICA

    Ecosystem News

    Village Capital Boosts African Agritech Startups with $1.2M Investment

    This funding comes as part of Village Capital’s Reducing Inequalities Investment Facility, backed by FMO’s MASSIF Fund, which has now invested $1.6 million across four startups.
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    EASTERN AFRICA

    Ethiopian Banks Gain New Investment Powers: Startups, Others Now Fair Game

    Banks can hold up to 10% equity shares in a single non-banking business other than insurance.
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    EASTERN AFRICA

    TerraPay Secures $95M to Fuel African Remittance Growth, Backed by Major Investors

    The company’s cap table is notably influenced by the IFC, Partech Africa, and Prime V Holding 2 B.V., all of whom have shown continued support for TerraPay’s mission.
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    EASTERN AFRICA

    d.light Secures $176 Million to Expand Solar Access in East Africa

    The company’s PayGo model allows customers to pay for solar products in installments using mobile money.
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    Egypt Wants to Be Your LP: Applications Open for New $1bn Fund-of-Funds

    Egypt is stepping up efforts to attract venture capital following the launch of its long-awaited Startup Charter.
    Analysis & Opinions

    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.

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    Beyond the Handshake: How AI Is Forcing Universities to Rewrite Their Contract with Students

    With 39% of core skills expected to shift by 2030, universities are ditching the lecture hall for project-based 'technical hybrids' and AI-integrated curricula.
    Partner Content

    Zero Fees vs. High Inflation: Why Cisco Is Doubling Down on Affinity Africa’s ‘Freemium’ Math

    When Affinity received its Savings and Loans license in 2022, it was the first such permit granted in over a decade.

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    Updates

    Egypt Wants to Be Your LP: Applications Open for New $1bn Fund-of-Funds

    Egypt is stepping up efforts to attract venture capital following the launch of its long-awaited Startup Charter.
    Analysis & Opinions

    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.
    Partner Content

    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...
    Updates

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

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