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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."

    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.

    From Near-Closure to New Ownership: Kenya’s Mobius Motors Sold to Middle East Investors in Rescue Bid

    Alongside the acquisition announcement, Silver Box unveiled a leadership transition at Mobius.

    Norfund Doubles Its $40M Investment in CrossBoundary Energy Two Years After

    In July 2022, CrossBoundary Energy announced the completion of a US$40 million equity investment from Norfund and KLP, Norway’s largest pension company.
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    African Startup Deal Tracker — Newest Deals

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

    The ‘Acqui-Hire’ Playbook: Inside Netcare’s Strategic Acquisition of South Africa’s Quro Medical

    Netcare’s initial 55.88% stake grants it immediate control over Quro’s board.

    “Open” vs “Owned”: A Two-Track EV Strategy Emerges in East Africa

    Seven of twelve African e-mobility companies that raised funding this year focus on battery-swapping infrastructure rather than vehicle charging, making standardisation increasingly critical.

    Regulators Circle Shein and Temu After Explosive Report on SA Market Disruption

    This is not the first time the duo has faced scrutiny.

    Latest articles

    African Startup Deal Tracker — Newest Deals

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

    The ‘Acqui-Hire’ Playbook: Inside Netcare’s Strategic Acquisition of South Africa’s Quro Medical

    Netcare’s initial 55.88% stake grants it immediate control over Quro’s board.

    Local Capital First: Why SA’s R4.6bn Startup Buyout Spree Is Reshaping Africa’s Startup Exit Playbook

    South Africa’s R4.6 billion buyout spree demonstrates that domestic exit markets can flourish in Africa when specific conditions align.

    From Idea to Investable: The ‘Product-First’ Playbook Behind Africa’s ‘Toughest’ Fund

    With an acceptance rate of just 0.1%, the fund is deliberately designed to filter aggressively for ideas that can survive real-world scrutiny before capital ever becomes the differentiator.