More
    HomeEcosystem NewsEASTERN AFRICA

    EASTERN AFRICA

    Egypt’s Sawari Ventures Targets West and East African Startups in New $200M Fund

    Approximately 70% of the total fund, or about $140 million, is earmarked for investments within Egypt over the next four to five years.

    Lapaire Raises $3.2M for Eye Care Expansion Across Africa

    This latest investment follows a previous funding round in January, where Lapaire secured $3 million to bolster its growth.

    “We Succeeded in Acquiring the Tech Back” — iProcure Co-Founder Reflects on Journey Post-Administration

    "We had to employ executives who took stock options and were paid four times our salary for something we spent eight years building."

    Kenya-Based VC Firm DOB Equity Pivots Investment Strategy Under New CEO

    As DOB Equity embarks on this new chapter, the industry will be closely observing how the firm’s refocused strategy will shape its future.
    spot_img

    Keep exploring

    With First-Mover REIT, Fintech Unicorn MNT-Halan Raises the Stakes in Egypt’s Proptech Race

    Egypt’s largest fintech, MNT-Halan, is making a significant play for the country’s real estate market.

    One Scandal a Year: Paystack CTO Suspension Spotlights Nigerian Tech’s Leadership Crisis

    The suspension of Ezra Olubi at Stripe-owned Paystack is the latest in a troubling series of founder-related crises, raising urgent questions about governance and trust in Africa's most-funded ecosystem.

    Lifestores CEO Steps Down as African Tech’s “Great Handover” Continues

    Andrew Garza’s transition from CEO at Lifestores Healthcare is the latest in a wave of founder successions at major African startups

    From Media Giant to Family Business: Meet the First Firms Tapping Nigeria’s Landmark $200M Cleantech Fund — Updated

    A mix of established mini-grid operators, a family-run business, and a media giant's new energy venture are among the first to receive funding to build hundreds of solar mini-grids across Nigeria.

    Latest articles

    With First-Mover REIT, Fintech Unicorn MNT-Halan Raises the Stakes in Egypt’s Proptech Race

    Egypt’s largest fintech, MNT-Halan, is making a significant play for the country’s real estate market.

    One Scandal a Year: Paystack CTO Suspension Spotlights Nigerian Tech’s Leadership Crisis

    The suspension of Ezra Olubi at Stripe-owned Paystack is the latest in a troubling series of founder-related crises, raising urgent questions about governance and trust in Africa's most-funded ecosystem.

    Fawry’s 20% AI-Written Code Shows African Tech’s Most Important Shift Yet

    As 2025 draws to an end, earnings reports from Jumia, Fawry, and Swvl reveal a new playbook. We analyzed the common themes and what they mean for the continent's tech future.

    How Fawry Outgrew Payments and Became Egypt’s Fintech Profit Machine

    These margins are exceptionally high for a fintech company, particularly in a market like Egypt.