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    EASTERN AFRICA

    Venture Capital & Funding Sources

    Egypt’s Sawari Ventures Targets West and East African Startups in New $200M Fund

    Approximately 70% of the total fund, or about $140 million, is earmarked for investments within Egypt over the next four to five years.
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    Ecosystem News

    Lapaire Raises $3.2M for Eye Care Expansion Across Africa

    This latest investment follows a previous funding round in January, where Lapaire secured $3 million to bolster its growth.
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    EASTERN AFRICA

    “We Succeeded in Acquiring the Tech Back” — iProcure Co-Founder Reflects on Journey Post-Administration

    "We had to employ executives who took stock options and were paid four times our salary for something we spent eight years building."
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    Ecosystem News

    Kenya-Based VC Firm DOB Equity Pivots Investment Strategy Under New CEO

    As DOB Equity embarks on this new chapter, the industry will be closely observing how the firm’s refocused strategy will shape its future.
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    WESTERN AFRICA

    Ghana’s State-Backed Planned $120M Venture Capital Fund Wrestles with Foreign Interests

    Currently, over 90% of VCTF funding originates from foreign sources.
    Updates

    Uganda’s KaFresh Secures Funding to Extend Fresh Produce Longevity

    Made from plant-based materials, including overripe fruits, the solution delays spoilage by reducing oxidation and microbial decay.

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    Partner Content

    Open Source Leader CNCF Partners with Andela to Train 30,000 Africans in Cloud Technology, Free of Charge

    The program, scheduled to launch next year, will span two to three years.
    Partner Content

    Swvl Secures New $4.2 Million in Egyptian Contracts as Questions Surround Financial Stability

    The contracts come on the heels of Swvl’s strategic five-year deal with e& Egypt, a telecommunications leader, valued at up to $6.3 million.

    Latest articles

    WESTERN AFRICA

    Ghana’s State-Backed Planned $120M Venture Capital Fund Wrestles with Foreign Interests

    Currently, over 90% of VCTF funding originates from foreign sources.
    Updates

    Uganda’s KaFresh Secures Funding to Extend Fresh Produce Longevity

    Made from plant-based materials, including overripe fruits, the solution delays spoilage by reducing oxidation and microbial decay.
    CENTRAL AFRICA

    Cameroon’s Fako Capital, I&P’s Latest Anchor Fund, Targets $500K Investments in High-Growth Startups

    Fako Capital joins a growing network of African impact funds nurtured by I&P
    Partner Content

    Lesaka’s Acquisition Streak Continues, Utility Innovator Recharger Snapped Up in $28M Deal

    Recharger operates a base of over 460,000 registered prepaid electricity meters, catering to landlords and tenants.

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