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    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.
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    Ex-ZOLA and Fenix Exec Closes First Dedicated Climate Tech Fund for Southern Africa

    The Southern Africa-focused climate tech investor has closed its first fund, backing ten companies across e-mobility, circular economy and energy access

    Morocco’s Done.ma Raised $2M to Challenge Glovo. Now It Faces Bankruptcy Speculation

    The Rabat-based super app's mobile application is unavailable and the company has not communicated publicly for several days.

    AI-First Telcos Will Lead the Race in Africa

    Author: Kitso Lemo, Associate Director, TMT Practice at Boston Consulting Group (BCG)

    Latest articles

    Ex-ZOLA and Fenix Exec Closes First Dedicated Climate Tech Fund for Southern Africa

    The Southern Africa-focused climate tech investor has closed its first fund, backing ten companies across e-mobility, circular economy and energy access

    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

    The sector has attracted unprecedented capital.

    Moroccan Proptech Agenz Bags $5m from Breega and North Africa’s Largest Bank

    The Casablanca-based proptech, which combines real estate data, agent tools, and a transaction platform, closes an oversubscribed seed round.