More
    HomeEcosystem NewsEASTERN AFRICA

    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.

    French Bank’s African Fintech Arm YUP Leaves Investors with Over $8M Loss Post-Liquidation

    Originally launched in 2017 across seven African countries, including Côte d’Ivoire, Senegal, Burkina Faso, Guinea, Ghana, Madagascar, and Cameroon, YUP was Société Générale’s attempt to penetrate Africa’s fast-growing mobile payments market.

    Kenya’s Mobius Motors Clears Short-Term Debts, Positions for Potential Resurgence

    The debt-free short-term position, combined with a recent acquisition bid, signals a potential turnaround year for Mobius as it seeks a path to long-term sustainability.

    Kenya’s Eneza and Pakistan’s Knowledge Platform Form Singapore-Headquartered Edtech Merger

    The new entity will work closely with partners across Africa and Asia to further develop digital educational tools, including games, interactive learning sessions, and AI-powered adaptive technologies.
    spot_img

    Keep exploring

    Sabou Capital Injects $2M Into Nigerian Tomato Paste Maker Tomato Jos as Import Ban Reshapes Market

    The impact-linked debt deal will help the Kaduna-based company expand its farmer network and processing capacity.

    Beyond Call Centres: Egypt Enters the Deeptech Race With Cash-for-Chips Incentives

    Cairo wants to pay companies to design semiconductors and embedded systems in Egypt, betting that a young engineering workforce can finally shake off the country's outsourcing stereotype.

    Nigeria’s Alerzo Dissolves Singapore SPVs Amid Asset Freeze and Legal Battle

    The FMCG distribution startup is battling a $2.8m debt recovery suit from Moniepoint as macroeconomic headwinds batter the country's B2B commerce sector.

    The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom

    Global buyers are snapping up Cairo-based marketing startups, capitalising on years of rigorous local consolidation.

    Latest articles

    Sabou Capital Injects $2M Into Nigerian Tomato Paste Maker Tomato Jos as Import Ban Reshapes Market

    The impact-linked debt deal will help the Kaduna-based company expand its farmer network and processing capacity.

    Beyond Call Centres: Egypt Enters the Deeptech Race With Cash-for-Chips Incentives

    Cairo wants to pay companies to design semiconductors and embedded systems in Egypt, betting that a young engineering workforce can finally shake off the country's outsourcing stereotype.

    Tether Bets on Africa’s Feature Phones in $4.4M Sorted Wallet Deal

    Digital asset companies Tether and Gnosis have co-led a $4.4 million seed round into...

    From Scale-Up to Step-Down: The Six Patterns Defining Africa’s Tech CEO Exodus

    Most of these companies raised their defining early rounds during a narrow window when African tech attracted serious institutional capital for the first time.