More
    HomeEcosystem NewsEASTERN AFRICA

    EASTERN AFRICA

    DOB Equity Backs Water Filter Startup in Strategic Shift After Portfolio Setbacks

    Karen Serem Waithaka, who took over as CEO of DOB Equity last year, is leading the fund’s new direction.

    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.

    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.

    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.
    spot_img

    Keep exploring

    Zipline Chases US Scale With Fresh $200M as Sovereign Debt Strains African Network

    Zipline's foundational public health operations in Africa are showing severe strain under the weight of unpaid government contracts.

    The Five Countries Capturing 90% of Africa’s AI Funding

    Analyzing the five markets reveals three cross-cutting insights.

    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

    From Kiosks to Cloud: The Tech Stack That Made GoTyme Bank Africa’s First Profitable Neobank

    South African digital lender GoTyme Bank — recently rebranded from TymeBank to align with its global parent company .

    Latest articles

    Zipline Chases US Scale With Fresh $200M as Sovereign Debt Strains African Network

    Zipline's foundational public health operations in Africa are showing severe strain under the weight of unpaid government contracts.

    The Five Countries Capturing 90% of Africa’s AI Funding

    Analyzing the five markets reveals three cross-cutting insights.

    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.