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    EASTERN AFRICA

    Venture Capital & Funding Sources

    Purple Elephant Ventures Secures Record $4.5 Million Seed Round for African Tourism Tech

    The $4.5 million seed round will allow PEV to scale its existing portfolio.
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    EASTERN AFRICA

    Acumen Invests $5M in d.light to Expand Clean Energy Access Across East Africa

    d.light allows customers to pay for solar products in installments, making them more affordable.
    Read more
    EASTERN AFRICA

    Ethiopia Picks Nigeria’s Kuramo Capital to Lead $100M Fund Targeting Startups

    Kuramo Capital will serve as the general partner, overseeing the fund’s establishment and mobilizing capital to achieve a first close by 2025.
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    EASTERN AFRICA

    Kenya’s Mawingu Secures $15M to Acquire Habari for East African Expansion

    The acquisition of Habari is part of Mawingu’s broader buy-and-build strategy to scale its footprint in East Africa.
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    Updates

    DigsConnect Founder Alexandria Procter Launches $1.4M Vehicle to Back African Startups

    Procter founded DigsConnect four years ago while she was an undergraduate student at the University of Cape Town..
    Analysis & Opinions

    A 230-Angel Network, Beyond the ‘Big Four’: Inside Renew Capital’s Quiet Conquest of African VC

    While Nigeria saw the second-highest number of applicants to its Renew Venture Lab (350), it has no portfolio company there yet.

    Sponsored Posts

    Partner Content

    With Gov’t Backing, Japan’s Musashi Charges East Africa’s E-Moto Boom

    Musashi, a global manufacturer with 36 sites worldwide, is known for differential assemblies and transmission gears for traditional and electric vehicles.
    Partner Content

    The $100k Oversight: How Bad Offboarding Is Costing Startups a Fortune

    When an employee leaves an organisation, most leaders focus on succession, handovers, and HR paperwork. But behind the scenes, many holes may have been created.

    Latest articles

    Updates

    DigsConnect Founder Alexandria Procter Launches $1.4M Vehicle to Back African Startups

    Procter founded DigsConnect four years ago while she was an undergraduate student at the University of Cape Town..
    Analysis & Opinions

    A 230-Angel Network, Beyond the ‘Big Four’: Inside Renew Capital’s Quiet Conquest of African VC

    While Nigeria saw the second-highest number of applicants to its Renew Venture Lab (350), it has no portfolio company there yet.
    Ecosystem News

    Africa’s Payment Maze: Are New State-Backed Rails a Map or a Trap for Fintechs?

    In the last month alone, major economic blocs in East, Southern, and West Africa have launched ambitious interoperable platforms.
    Corporate Governance Forum

    How a Paper Fortune of $2.68m Vanished for a South African VC-Backed Fintech Founder

    Last year, TLcom Capital, together with Flourish Ventures, backed South African fintech LittleFish. However, that investment ended up in court, with one of LittleFish's founders fighting for his 'life' in the company post-deal.

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

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