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    EASTERN AFRICA

    Kenya Hit by New Wave of High-Profile Startup Shutdowns

    The young startup scene in Kenya has been locked in a brutal battle against...

    Kenya: New 10% Competition Rule for Digital Companies – What You Need to Know

    The Bill introduces “digital activities”. This term encompasses a broad range of online services, such as online marketplaces, search engines...

    E-Commerce Startup Copia Retreats from East and West Kenya as Cash Crunch Bites

    Copia Kenya, an e-commerce startup once hailed for its innovative business model, has ceased...

    African Agtech Startup Gro Intelligence, Funded by EchoVC, Crashes Despite $100M+ Investment

    Gro Intelligence, a Nairobi-founded agricultural insights platform and once a promising unicorn in the...
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    Over 30 Foreign VCs Want to Run Morocco’s $150M Startup Fund

     The Mohammed VI Investment Fund (FM6I) has received an overwhelming response to its call for expressions of interest to manage Morocco's newly launched $150 million startup fund. Of the 47 applications received, 12 were from local applicants and 33 were from international fund managers,...

    Egypt’s EXITS MENA Expands to Saudi Arabia, Eyes $1.07B Fund

    EXITS MENA, a leading fintech advisory and arrangement firm for startups and SMEs in the Middle East and North Africa (MENA) region, is expanding its operations to Saudi Arabia. The company has partnered with prominent Saudi investors, including Ammar Ahmed Shata, founder of Ghutra...

    Gigmile Partners with Yango Taxi to Offer Car Loans in Ghana

    Kayode Adeyinka, previously the Country Manager of Jumia Ghana, co-founded Gigmile in 2022 to solve one of Jumia Ghana's biggest pain points: the lack of drivers to deliver products.

    ASEP 2024: Applications Open for Algerian Startups to Explore Global Tech Hubs for Free

    The Algerian Ministry of Knowledge Economy, Startups and Micro-entreprises has officially launched the International Visits Program for Algerian Startups (ASEP 2024), an initiative designed to bolster the growth and global reach of the country’s burgeoning startup scene. Unveiled by President Abdelmadjid Tebboune during the opening...

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    Over 30 Foreign VCs Want to Run Morocco’s $150M Startup Fund

     The Mohammed VI Investment Fund (FM6I) has received an overwhelming response to its call...

    Egypt’s EXITS MENA Expands to Saudi Arabia, Eyes $1.07B Fund

    EXITS MENA, a leading fintech advisory and arrangement firm for startups and SMEs in...

    Copia Kenya Joins Parent Company in Liquidation, Leaving E-commerce Dreams Void

    The company raised over $100 million in funding while it existed.

    Kenya’s Farm to Feed Secures New Funding to Combat Food Waste in Sub-Saharan Africa

     CityBlue Hotels, a prominent African hospitality chain, has announced a significant investment in Kenyan...